Wednesday, October 29, 2008

How our economy currently works

Entrepeneur starts business, borrows money.
Entrepeneur hires workers, buys materials, buys equipment, sells goods/services.
Employees spend money on other goods/services/investments.
Business makes money, spends money on expansion, spends money on investments.
Business grows, hires more workers, buys more stuff, sells more goods/services.
Employees spend money on other goods/services/investments.
Business reaches plateau, expands to new areas.
Business may become corporations, or split into smaller businesses, or go international.

All throughout this process government is taking money from them and their employees, taxing everything they both buy and sell, telling them what they can and can't do, forcing policy decisions that may lead to total collapse years down the road with the assurance that the government will never let that happen, when they are doing well people hate them and want to take more from them, and when they are hurting nobody fucking cares, and they are constantly portrayed as monolithic evil moneygrubbers by politicians and filmmakers.

Meanwhile some people can sit on their ass all day and wait for their magical government checks to show up to pay for their home, their food, their kids, their clothes, they go to emergency rooms for minor things (which runs up your medical bill), and since they don't have a job they can get lots of extra government money to pay for nearly anything they want.

Great setup we have, yes?

No comments: