Today I shall stray from my ramblings about my childhood memories and discuss a comment recently made by Ben Bernanke. But first let me introduce you to the the laws of thermodynamics as defined by the Readers Digest years ago.
1st Law: Things are pretty bad.
2nd Law: Things are going to get worse before they get better.
3rd Law: Who said they are going to get better.
Bernanke's comment was something to the effect that the job situation was not going to get better any time soon and could get a bit worse before it got better. That sounds very much like the first two laws of thermodynamics in a single statement. What he failed to do was to follow up with the third law. In my opinion the evolution to the third law is inevitable unless we get rid of the politicians in Washington and put in some real business men and women.
While I don't much care for Donald Trump as a person, his ideas for improving the job situation make a lot more sense than the gutless utterances of the folks now in Washington. It's too bad that we cannot have a national referendum to recall all of the elected folks in Washington and start over.
Saturday, February 19, 2011
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