Saturday, June 13, 2026

Three Year Olds

There is a political party many of whose members are woefully and willfully ignorant of how the economy works. They are declaring that because Elon Musk has a mighty big piece of the proverbial pie that he must have taken some of it from your little slice. The United States and world economies are not static but dynamic where the private sector grows wealth, unlike government which produces nothing and only has the capacity to take from the productive or print (increasingly worthless) money. I have no objection to buying from Mr. Musk, but I don't drive a Tesla or have Starlink, and I sure am not signing up to be launched to Mars, but I recognize Elon has created a lot of jobs and much wealth for those who have invested in his companies. Because Musk has earned success does not mean he has taken anything from you. Musk does not merely increase his own prosperity but the fortunes of many. 

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