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2011-10-11 Home Front: Politix

Dem Congressman Keith Ellison: Regulations Create Jobs

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Posted by Fred 2011-10-11 00:00|| || Front Page|| [11124 views ] Top

#1 Gee whilickers, Mr. Wilson, just like Communism + Socialism!?

Posted by JosephMendiola 2011-10-11 01:03|| 2011-10-11 01:03|| Front Page Top

#2 Yeah. You can get a great job as a government bureaucrat...if you have the right connections, er, that'd be Congressman Ellison. Better learn to play along.

Posted by Abu Uluque 2011-10-11 09:39|| 2011-10-11 09:39|| Front Page Top

#3 Sheesshh. Dimwit.

How many jobs do regulations destroy in order to create a regulatory job? Job creation comes at the expense of profits. This means more revenue must be generated to pay for this non-productive regulatory job. We are not talking about deadwood government jobs here Congressman. Regulatory jobs are not productive jobs. It means the company does not have the money to engage in research and product development. It means that regulatory jobs are created at the expense of production jobs. It means that production expansion is curtailed.

Better take a basic course in economics Keith and shut your pie hole for awhile.

Posted by Slats Untervehr5606 2011-10-11 10:15|| 2011-10-11 10:15|| Front Page Top

#4 Mr Ellison, an urgent call from a Mr Bastiat, GraveSpin Avenue.

Posted by Bright Pebbles 2011-10-11 10:23|| 2011-10-11 10:23|| Front Page Top

#5 Bastiat's Parable of the broken window

Posted by Bright Pebbles 2011-10-11 10:24|| 2011-10-11 10:24|| Front Page Top

#6 A lot of ordinary people (not just Congressmen) do not understand the concept of opportunity cost nor the concept of productivity.

Others understand but pretend not to for political reasons.

Posted by Lord Garth 2011-10-11 10:54|| 2011-10-11 10:54|| Front Page Top

#7 ..and others who live and breathe the air of the Beltway have no concept other than that government makes everything happen. Sort of like, the earth is flat and the center of the universe. For someone who grows up, lives their full life and dies all within 20 miles of their place of birth, it pretty well satisfies any need of knowing how the universe actually operates. Just don't give them influence or power over others well beyond that 20 mile marker.

Posted by Procopius2k 2011-10-11 11:16|| 2011-10-11 11:16|| Front Page Top

#8 regulations create jobs because a business will have to hire people to help them comply with the new requirement.

Of course, they will also have to reduce the number of line (i.e. productive) employees. The number of productive employees lost will be larger than the number of compliance specialists added.

That is what happened to the L.A. Unified School District when I lived in L.A. In respose to new regulations from Sacramento, they laid off a 12 teachers and added 3 complience analysts and 2 lobbyists.

Posted by Frozen Al 2011-10-11 11:32|| 2011-10-11 11:32|| Front Page Top

#9 Better take a basic course in economics Keith

He took the Koranic course, Raping and Pillaging 101.

Posted by Eohippus Phater7165 2011-10-11 12:09|| 2011-10-11 12:09|| Front Page Top

#10 Keep him away from the steering wheel. He will argue crashing into a wall creates speed.

Posted by DarthVader 2011-10-11 12:11|| 2011-10-11 12:11|| Front Page Top

#11 > A lot of ordinary people (not just Congressmen) do not understand the concept of opportunity cost nor the concept of productivity.

Thanks to state run schools!

Posted by Bright Pebbles 2011-10-11 12:36|| 2011-10-11 12:36|| Front Page Top

#12 Running away From a crash may seem faster, But it's not.

Posted by Redneck Jim 2011-10-11 17:42|| 2011-10-11 17:42|| Front Page Top

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