Kitchen table economics [Darleen Click]
While engaging self-confessed Leftists on Twitter and elsewhere, I’m less amazed than depressed that basic economics slip by. Indeed, when reading rants of naked, covetous Marxism in the New York Times Capitalists and Other Psychopaths, not once do these screeds against wealth ever consider what is easily observed by any parent with two brain cells to rub together.
My nine-year-old twin grandsons have just started getting a weekly allowance. Identical “wages” for identical twins in the same household.
The ice cream man rolls through the neighborhood over the weekend, one grabs two dollars from his allowance to buy goodies. The other doesn’t, he’s saving for a game for his Nintendo 3DS.
Personal choice has resulted in one twin now possessing more wealth than the other despite identical incomes.
Personal responsibility is a fetish? Only to those that want to eat their ice cream and have their brother’s Nintendo game, too.
Tags: capitalism, economics, leftism