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Comment by Matt Sch
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I disagree with 4/5 of their reasons.


Comment by Ernest Hancock
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US News and World Report... what did you expect :)


Comment by Dennis Treybil
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 Concerning the "rich people create jobs" remark, this idea obscures what drives the economy.  So does the writer's explanation of why it's a lie.

The economy is driven by appetites.  Appetites include a desire to consume (universally recognised) as well as a desire to actively participate in other ways (almost universally ignored).  One other way to participate in the economy is to produce!

Jefferson's warning about the "tendency of liberty to yield and 'government' to gain" is true.  It is SO true that consumption is subsidised in the form of entitlements while production is so regulated and taxed, it is TOO COSTLY to undertake.

Hence, misery.

I have just watched J. Snelson's two hour lecture at the bottom of  http://www.lewrockwell.com/blog/lewrw/archives/102293.html

Part of my understanding of this is written in my own book.  Snelson's comments brighly illuminated that understanding.  Watching that lecture is two of the best hours I've spent recently.

DC Treybil

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