Posted on 12/17/2012 9:59:50 AM PST by John Semmens
During an interview with Apple CEO Tim Cook, NBC News anchorman Brian Williams opined that “the country might be better off if President Obama could simply order businesses to carry out his economic vision.”
“The market system is so chaotic and uncoordinated,” Williams complained. “Every firm, every decision-maker is left free to do as he deems best. Wouldn’t it make more sense to have one person issue the marching orders for all? That way they’d all be working on the same plan rather than wasting resources clashing with each other.”
Citing the Affordable Health Care Act as an example of what he has in mind, Williams asked “If the government can force everyone to purchase health insurance why can’t it force every business to manufacture all of its products in America? Think of the money that could be saved on transportation from not having to import anything, the time saved from not having to make decisions, and the jobs created.”
Williams assured that he personally wouldn’t have any trouble following dictates from Obama because “I can’t imagine that he would ever lead us astray. In the four years he’s been President I don’t think he’s made a single misstep. I am supremely confident of his leadership.”
if you missed any of this week's other semi-news/semi-satire posts you can find them at...
http://azconservative.org/2012/12/15/right-to-work-passes-in-michigan-violence-feared/
-PJ
He has another 4 years to prove it.
Even though this is written as satire,the idea that the free market leads to an "anarchy of production" is an idea from Marx. It is the justification of the central planning of socialism.
But, on the basis of the way their prices are determined, every change in the demand of supply of a factor of production in a free market tends to be dealt with in the most rational, orderly, and efficient manner possible - that is in a way that maximizes gains and minimizes losses. And, in a free market,to the extent that the consumers are rational, the products whose purchase they discontinue at the higher prices will be the least important among the ones they previously purchased. That is, the consumers will discontinue their previously marginal purchases.
I’m not God so I don’t get a vote, but I wish Brian Williams could get an immediate ticket to hell.
Headline should be labeled as satire, or this thread should be pulled.
Headline should be labeled as satire, or this thread should be pulled.
You got me. :-)
Drat you, John. You got me this time.
You got me there for a minute.
Well done.
Dangit John! I was all the way down to the last paragraph this time before I got the joke.
If this isn't a true quote, this thread should be pulled.
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