One of the stupidest things I ever heard come out of Bill Kristol's mouth

posted by The Vidiot @ 4:51 PM Permalink

(And I'm pretty sure it was Bill Kristol, though all "those guys" seem to blend together into one annoying amalgam whose different parts are barely discernible) Anyway, he said something to the effect that "of course the market works. Look at McDonalds! In these hard times, their profits are soaring."

And it's true, McDonalds profits are soaring.

US fast-food giant McDonald's said Monday its 2008 net profit soared 80 percent from a year, lifted by growing demand from consumers seeking low-cost meals in a deepening global recession.

But it's not because the market works, at least not for the little guy. The market has bankrupted regular people to such an extent they can only afford the crappy, fatty food they sell at McDonalds. Hell, even sad Wall Street guys are succumbing to the lure of the artery clogging eatery. It's sad that the only food people can afford to feed themselves is stuff that will kill them.

What Kristol said was disingenuous at the least, and massively offensive at the most. Too bad he lost his job at the New York Times. Now HE might have to eat at McDonalds.

Labels: bill kristol, capitalism