Friday, July 17, 2009

Sam may be in a position to be THE guru on the economy

Sam may be in a better position to know the real state of the economy than the government's economists. This article in the Wall Street Journal says that waste disposal volume is a better measure of consumption, and therefore economic activity, than the government's statistics.

And, in other news, congress and President Obama want to have the government take over the whole health care system. They're going to recruit really competent career bureaucrats to decide what doctor you go to, and what drugs he's allowed to prescribe for you, and whether you are worthy of getting a new hip, and what drugs the pharmaceutical companies are allowed to produce and what research into drugs is permitted and how many nurses to hire for each ward of each hospitals all over the country, and how many minutes of break time those nurses get. . . and, and, and. . . everything to do with health care, including who lives and who is unworthy to live.

Perhaps President Obama and his pals will be able to find bureaucrats as smart as the government rocket scientists who taped over the original pictures of the first landing on the moon.

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