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The Broken Window Theory

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1The Broken Window Theory Empty The Broken Window Theory Thu Dec 10, 2009 8:11 pm

eveningpolestar

eveningpolestar
Professional Debator
Professional Debator

A guy dressed up in a paramilitary uniform walks from house to house with stick-in-hand breaking windows.

An irate homeowner catches him and shouts "Hey, what in the world do you think you are doing!"

The guy replies, "Stimulating the economy."

"By breaking my windows????"

"Of course. I was able to get this job breaking windows for the government right after it created the Department of Homeland Window Breaking. The government is creating jobs."

"But I will have to pay for this window!"

"You aren't looking at the big picture. The window repairman gets work he wouldn't have gotten before, not to mention all the jobs created by training the unemployed to be window repairmen which will be desperately needed after I finish breaking all these windows. Jobs are created, the economy is stimulated, and you get new windows. Everybody wins!

"But I don't need new windows!"

"You do now."

"That's only because you broke them!"

"Just think how bad the economy would be if I didn't break them."

This is a classic economics joke. But when I look at the current scenario of the country where everybody is asking for employment from the government, when workers are demanding an increase in their wages in response to inflation instead of asking the government to curb the inflation, i believe we are living in a joke?

Do you agree or disagree with this joke? What is the primary responsibility of the government: control inflation or provide employment? I mean which one is more important?

http://surathgiri.blogspot.com

2The Broken Window Theory Empty Re: The Broken Window Theory Sun Dec 13, 2009 11:30 pm

Saurav

Saurav
Active Debator
Active Debator

I agree that we are living in a joke. And all 601 are jokers because they are ready to mention, "Government will guarantee food, cloths, house, education, health and employment free of cost."
.....Now I would like to request to guarantee one laptop and internet access free of cost from the government. How's the idea-joke.

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