Saturday, January 11, 2014

The Zombie Confidence Fairy - NYTimes.com

The Zombie Confidence Fairy - NYTimes.com

If they're talking about confidence, they're full of it. It's just that simple. NPR has joined Faux News in this silly mythology. Why? Because that's what their financial overlords tell them to say.

Businesses don't hire people because they can't sell what they've already got on hand.

Why? Because people are out of work. Because workers don't get paid enough to buy stuff. Because most of what you spend on goods and services over and above the cost of production goes to wealthy shareholders and owners, not to the workers who produced it.

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