Eugene David ...The One-Minute Pundit |
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Friday, July 25, 2008
KLUMPH! KLUMPH! KLUMPH! KLUMPH!
There's no denying that there is a cost-cutting benefit to replacing an older worker with a younger worker who will make less money. But protecting older workers interferes with what's called creative destruction, that tearing down and building up again that allows businesses to thrive. Firing some workers often creates opportunity for others. Roger Pilon, vice president of legal affairs for the libertarian Cato Institute.... JOHN STOSSEL! YOU'RE JUST AS CEMENT-HEADED AS THE 100-TO-1 MEDIA TYPES FINANCING DEMOCRATS.
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