"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
As to your automatic raise comment, if an unskilled part timer demands $40k then I demand $160k. And I am worth that much more than the order taker at McD. You think we aren't? Just look around you. I and my brother's and sister's brought to you EVERYTHING you have.