A terrific article on creative destruction

[maxiep]

Mr. Kessler explains much better than I ever could at how the best job creators are job destroyers.

http://online.wsj.com/article/SB10001424052702303740704577527200796292034.html

Bottom line, you don't grow the economy by protecting the status quo.

 

[drexlersdad]

interesting

Life comes from destruction, disorder and chaos. Now take this empty glass. Here it is: peaceful, serene, boring. But if it is destroyed...
(He pushes the glass off the table. It shatters on the floor, and several small machines come out to clean it up)
Look at all these little things! So busy now! Notice how each one is useful. A lovely ballet ensues, so full of form and color. Now, think about all those people that created them. Technicians, engineers, hundreds of people, who will be able to feed their children tonight, so those children can grow up big and strong and have little teeny children of their own, and so on and so forth. Thus, adding to the great chain of life. You see, by causing a little destruction, I am in fact encouraging life.

 

[MARIS61]

A good example is how Hitler actually ended the Great Depression simply by snuffing millions upon millions of Poles and Jews. Bin Laden created The Department of Homeland Security by toppling the towers killing thousands, and following it up with a decade of empty threats.

Romney can be damn proud to be running in the same crowd.