My Perspective:
The free market is "nonsense?" Obviously this man (Ron Bloom, Obama's manufacturing Czar) has no idea of what he is talking about. He says "free market" and then goes on to describe socialism. George Orwell would be proud. I can't believe that so many people in our government are so inept. I really don't believe that all of them or even most of them have some big hidden agenda. I think most just have no idea what they are talking about.
My favorite part is when Mr. Bloom says that the whole point of the free market is to game it or beat it. This quote just shows that this Bloom has no concept of economics. "...Or at least find someone that will pay you a lot of money, because they're convinced that there is a free lunch."
What? No we aren't. Anyone who believes in a free market will tell you that there is no free lunch. This man is an idiot. I think he just heard a bunch of phrases while at college (I'm assuming he went to college) and lumped them all together so he sounded like he knew what he was talking about. I feel like he is just reading random phrases out of an Econ 101 textbook. I don't even think Bloom had a economically coherent thought in that entire clip.
A free lunch is exactly what Bloom and his big government friends are trying to create, and as everyone knows, even Bloom, there is no such thing as a free lunch. And that point is never truer than in a free market. Government is the only way to get a "free lunch," and even then it only appears to be free. Government robs peter to pay paul, but paul doesn't know peter or care because he got something he didn't have to work for. That is as close to a free lunch as anyone will find on this earth. Oh, and if you've ever noticed anything about free lunches, they always taste bad.
Free markets reward hard work and virtue and that is not nonsense.
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