So they’re prepared for the invasion of government equity snatchers and the massive new regulation of every business from corner store to giant manufacturer. They’re not shocked when the government doles out trillions in bail-outs, for bridge building, for computerizing medical records, or – as recently requested by its mayor – for driving prostitutes out of downtown Dayton, Ohio. The millions who never read business media and rely on Katie or Brian or Wolf or – worse – Jon Stewart for their news are being lied to by grand omission, driven to paralysis and despair, convinced that only a benevolent, socialist bureaucracy can save them. Gee, and we bemoan the lack of consumer confidence.
Fortunately, even while The Big Media is telling The Big Lie, every day guys are designing and building new airplanes, investors are starting new banks, “mom ‘n pops” are opening new restaurants and stores and entrepreneurs are bringing new products to market in droves and droves. Fortunately for everybody, these folks read the business media and pretty much ignore Katie, Brian, Wolf, Jon et al.
By the way, I and some associate also launched a new company franchising upscale men’s barber shops late last year, with instant success. (I can’t give it a commercial here either. But if you Google my name…)
Are we crazy, starting new businesses? No, the mainstream media is mentally ill in refusing to tell this story of the resurgent, resilient new, next American economy fueled by the American can-do, will-do, self-reliant sprit. We are the sane ones.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins