Why is Economic Slowdown an Excuse for Crime?
Written by: Aaron Katsman | January 30, 2009
The socialists are mad and they aren’t going to take it any more. Labor heads are warning that unless ’something is done’, workers are going to take to the streets, riot, and commit crime.
I’m not making this up. This is right out of Davos. The Timesonline reports: “Guy Ryder, the general secretary of the International Trade Union Confederation (ITUC), said that the current financial turmoil had triggered a social timebomb that would lead to deepening civil unrest and soaring crime. Mr Ryder, speaking as strikes involving hundreds of thousands of workers erupted across France and Germany, told The Times: “We are on the road to serious social instability, which could be extremely dangerous in some countries to democracy itself.”
Why do labor workers have to resort to crime, during an economic slowdown? What, just because times are tough means that we throw our morality, based on Judeo-Christian values out the window? It’s not like we have never had economic problems before? Does Mr. Ryder understand that the standard of living of his members, now, is better than it has even been in the history of the world?
Come on. Enough of the scare tactics. How about a little perspective. Ryder estimates more than 200 million people will be driven into absolute poverty this year alone. Uh huh.
I’d love to see how he gets that number. I wonder how many people have moved on up from absolute poverty, to no poverty at all, due to capitalism? He doesn’t seem to mention that? He doesn’t seem to mention that socialism produced hundreds of millions if not billions of people who ’til today live in poverty, as a result of the kind of economic policy Ryder supports.
When will calmer heads prevail, and let the market forces work out the kinks in the current system? Something tells me that that is the kind of approach that will enable economic growth to resume quickly.
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