Monday, October 3, 2011

The Occupy Wall Street Demands

This list of demands is on the "de-facto website" run by the protesters on Wall Street right now.

I too would like to see an end to cronyism, political corruption, and immoral business deals. However I believe a majority of the demands in this list would lead to the very opposite of what the protesters desire. For instance, "Demand three: Guaranteed living wage income regardless of employment." Where would that money come from? Why would you even want to work if that were the case?

More porous borders, I agree with. Human beings are the most important part of any economy.

I also have a proverbial wish list probably as unlikely to happen as the one above and that many would regard as crazy. However, this is a wish list ignorant of economic realities, human nature and how true prosperity is achieved. These efforts have been tried and have failed nearly every time to achieve the sought after result.

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