The other night, I heard a Columbia University professor bashing capitalists as greedy pigs the nation would be wise to banish from our shores.
Does he know they created the endowment that pay his salary? Does he care? Should we confuse him with the facts?
Last week, I read a New York Times story quoting a politician ranting about “the corporatists” in her party. That is code for “capitalists.”
Does she know these very capitalists employ the vast majority of Americans. That they produce the taxes that wind up in the pork she proudly displays in her district? Does she care? Should we invite her back down to earth?
Our US economy is divided into two major components: private and public. The former generates wealth; the latter squanders it on every half-assed boondoggleEmail This Post