By Donald Rieck, February 4, 2013
Our ever vigilant media-critic friend and EconoSTATS advisory board member, Dr. Don Boudreaux, posted this take down the other day on his Café Hayek blog: “minimum questions to answer”.
As always, Dr. Boudreaux’s rapier makes short work of nonsense in the media.
To paraphrase Camus: “There is nothing in life that cannot be overcome by scorn” (original phrasing: “there is no fate that cannot be surmounted by scorn”– The Myth of Sisyphus)
These people are immune to the charms of logic, so why not mockery? However, while I agree that the arbitrariness of this type of mandated increase lends itself to said mockery,
God save us if these “best and brightest” bureaucrats try to link their busybodyness to a non-arbitrary set of “logical” rules. That is, promulgating legislation that starts out with language:
“Every company with….(X amount of market share…. y ROI,…) shall….”.
Or how about this one: In companies with employees exceeding 50, the combined income of the 10 highest paid employees shall not exceed X…
Those thoughts rolled out far too easily… I’ve been around D.C. too long; it’s starting to rot my brain.