Labor/Employment,
Government
Feb. 5, 2015
Minimum wages: you can't fake reality (forever)
Although government performs necessary services and provides an infrastructure that facilitates the production of wealth, it almost never creates wealth itself.





James P. Gray
ADR Services Inc.Business and commercial contracts, real estate, construction, employment, PAGA, probate, legal malpractice
19000 MacArthur Blvd #550
Irvine , CA 92612
Phone: (949) 863-9800
Fax: (949) 863-9888
Email: jimpgray@sbcglobal.net
USC Law School
James is a retired judge of the Orange County Superior Court, a private mediator and arbitrator with ADR Services Inc., the author of "Wearing the Robe: the Art and Responsibilities of Judging in Today's Courts" (Square One Press, 2009), and the 2012 Libertarian candidate for vice president, along with Gov. Gary Johnson as the candidate for president.
Reality: Although government performs some necessary services, like military and police protection, and provides an infrastructure, like highways and dams, that facilitates the production of wealth, it almost never creates wealth itself. Instead, government takes large amounts of resources away from people and businesses, keeps a big part for itself, and re-distributes the rest. So increasing government spending does not spur economic growth - mostly it is the reverse.
Reality: Si...For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In