Tuesday, March 13, 2007

Ben Stein Digests Our Terrifically Broken Economy

I'm just going to chuck out the text from the digg submitter scoreboard27, because it was a cobbled together bite of the story, and more sensationalizing, then meaningful. Ben Stein of "Win Ben Stein's Money" and "Ferris Bueller" fame, and notable for as well for his monthly column, and generally regarded as an intelligent fellow often wields a sword of dry humour. So dry in fact that while forging his sword he sought to quench it a bath of water, the water literally dehydrated itself to avoid contact with his blade.

This article is a jab at rich America, and while he does criticize them soundly, I think he better raises the point that the poor are getting profoundly poorer. America the prosperous seems almost cruel brand, to the many who make prosperous the few. What I find most intriguing is how bizarre some of the economic behaviour is, where vast sums of money change hand, and yet very little value is created. I actually consider myself in favour of capitalism, although not completely free market capitalism, and I find this manner of profiteering very short sighted. It seems in the short term individuals prosper, but the country as whole slides further and further from its economic superiority. Canada is inexorably tied to America, so much so that we can not help but suffer when she does.

I have no solution forthcoming, just concern.



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