Tuesday, March 24, 2009

The seen and the unseen

[Sarcasm: on]

There is some great news for our local economy. It seems that vandals have broken the windows of Iron Bridge Wine Company. Now the owners of wine bar will have to hire a glazier to replace the broken glass. The glazier in turn will have extra money to spend on new shoes from Feet First. The owners of Feet First will have extra money to pay some employees overtime, who will purchase new books for their studies at HCC. This cycle will continue indefinitely. This way of thinking, at its root, underlies many of the government’s attempts to stimulate our economy.

The other alternative, of course, is that this is nothing more than the broken window fallacy. If that were case, the vandals have really just made society poorer by a few windows. I sure am glad this is not the case!

Yay Democrats! Yay Republicans! Yay government spending to get our economy back on track!

8 comments:

jim adams said...

No matter how you look at it, or through it, it's still a pane.

Freemarket said...

Did you attend the JJ dinner? How was it?

jim adams said...

It is scheduled for tonight.
March 26.
If you care to join us, at no cost to you, I will have a ticket avaliable for you at the door.
It is at 7:15 p.m. at Martin's in Westminister, Md.

Freemarket said...

I appeciate the offer, but I'll pass. I might get beat up! :-)

jim adams said...

The JJ dinner went very well. I know it would not be your cup of tea, but I admit to enjoying it.

The group was small in numbers, but large in political substance.

My remarks were received well, so I suspect my future will become fodder for the bloggers in Howard Co.

Freemarket said...

Good luck!

Anonymous said...

What's the JJ dinner?

jim adams said...

The JJ dinner, well for some it is the Democrats, getting together to join old and make, new friends,while they "joke and jeer" at Republicans.

For others it is a formal dinner in honor of Presidents Jefferson and Jackson.

And still for others it is not jokes and jeers, nor Jefferson and Jackson, but another way to raise money for that expensive game know as American politics.