Sunday, 30 January 2011

One imbecile copies another.

Obama the imbecile produced four useless ideas, which I listed here, to raise employment in the US. Amongst these was the idea that corporations, which are currently flush with cash, should invest more so as to create jobs.

It now seems that the equally imbecilic British finance minister, George Osborne, thinks the above “corporations” idea is a good one, because he has ordered British corporations to do likewise.

That’s according to the lead story in the Sunday Times Business section (30th Jan 2011), “Osborne orders bosses to splash out for recovery”.

If only we had Laurel and Hardy in charge, assisted by Bart Simpson, we’d be much better off.

1 comment:

  1. Apparently they are not looking at those empty malls and even cities that China has built based on the idea, "Build it and they will come." Fortunately, corporate CEO's aren't this clueless and realize that effective demand is the signal to invest in order to match it.


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