Friday, October 8, 2010

Value

Value, an interesting word. According to Webster's it can be a noun: a fair return or equivalent in goods, services, or money for something exchanged. Or, it can be a verb: to rate or scale in usefulness, importance or general worth. I was thinking about the midterm elections coming up. In a couple of weeks America will determine whether or not we have received fair value for our vote for "change" two years ago. A lot of promises were made. A lot of new laws passed. A lot of money spent. If we use the verb variety of value to determine whether or not the "change" was a success, the 10% unemployment rate, the continuing wars in the Middle East, and the ever increasing slide in VALUE of the dollar would tell us caveat emptor was ignored in 2008. The grass roots movement known as The Tea Party is a manifestation of caveat emptor i.e , they think they were screwed by the "change".These people are madder than the people that forced the "change" in 2008. It will be interesting, to a political junkie like me, how long they stay mad and how successful they are in changing the "CHANGE"

1 comment:

Anonymous said...

750,000,000 (billion) divided by 3,000,000 (million) equals $250,000 per job saved

Not very good value for each job saved. You can pay a ditchdigger 25 grand a year and get 10 times as many jobs. Or get 3 million jobs for 1/10 the cost. Any way you look at it, it wasn't a good deal.