Monday, October 10, 2011

Video: Keith Ellison says Regulations Create Jobs

There are really only two possibilities here. Either Keith Ellison is lying, er, I'm sorry, failing to meet the duty of candor, OR he is such an economic changeling, he thinks that restricting business actually grows business. Follow the logic here. Ellison believes that because businesses have to hire people to enforce increased government regulations that those regulations actually create jobs. Apparently lost on this genius is the rise in cost without increased revenues. That's partially why the business he's in is over $14 Trillion in debt. I supposed Ellison thinks giving $535 Million to a company that produces solar panels for $6 and sells them for $3 is an excellent business model too.

I'm going with economic changeling.

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