The Whited Sepulchre has a post about Robert Reich’s idiotic idea of
… a “severance fee” on any large business that lays off an American worker and outsources the job abroad
and the stupidity of politicians trying to second-guess business decisions generally. A sample:
Before we started bringing some of the simpler products in from China, our company had 300 employees in the United States. And less than a decade after “outsourcing these jobs”, in Reich’s phrase, to China, we had….600 employees.Yep. We started making some things in China and this allowed us to double our U.S. workforce. (We’ve cut back to around 500 since our peak a couple of years ago, but then, there’s a madman in the White House.)
It’s really rather teriffic and you should all go and Read the Whole Thing.
But what caught my eye was his nickname for El Presidente, His Highness King Barack, as per my heading here. Ridicule is like kryptonite to political types, and that’s quality ridicule. Made me laugh, anyway.