Wednesday, August 16, 2017

Don Pittis is Pitiful

Don Pittis writes the most pathetic articles for CBC. Not as bad as Neil Macdonald who doesn’t even write articles but just blabs on about hwo much he loathes conservatives. Anyway Don Pittis is a text-book Keynesian and probably socialist. He can see the dark lining of every white fluffy cloud. He has no idea how the market works. He takes the banal and ever-so-common attitude that the market is stupid, can’t adjust to supply and demand and must be regulated by our government overlords. His articles are predictable and pitiful.

 

Average income goes up? Don Pittis writes about income inequality.

More technology jobs created? Don Pittis writes about the loss of low-end low-wage jobs.

Business profits up? Well, let’s not even go there, that’s just bad news to him.

 

I doubt he even took a single course in economics. He believes in financial stimuli and heavy government control of all aspects of society. He is strongly biased and seeks to prove his anti-conservative bona fides all the time.

 

Why didn’t Pittis write about the low unemployment rate now in the US? Oh right, because Trµmp is in power.

 

Don never talks about the miracles of the market, probably because he sees the market as a threat rather than an opportunity, unless of course it’s a government sponsored green initiative. Then it’s innovative.

 

Practically everything he writes is about the Keynesian concept of boom and bust. To him, it’s absolutely inevitable and for some reason he must write about an inevitability. It’s like being in charge of the physics section of a newspaper and constantly writing about gravity. Or simply stating it exists. Predictably Don Pitti-ful never blames the government for the boom and bust cycle through currency and inflation manipulation, which is the real culprit. That wouldn’t be allowed at CBC.

 

Like Neil Macdonald, Don Pittis has the easiest job ever. Do no research and just sit at a computer and type of random articles about the same thing every week. Glad we are paying these guys hundreds of thousands of dollars. Well, to Pittis that kind of make-work project would be considered an economic stimulus so I’m sure he’s in favor.

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