Tuesday, October 1, 2013

That's not how we do things in America

President Obama had this to say today.

Consider that just a couple of weeks ago, Apple rolled out a new mobile operating system, and within days, they found a glitch, so they fixed it. I don't remember anybody suggesting Apple should stop selling iPhones or iPads or threatening to shut down the company if they didn't. That's not how we do things in America. 

I can't think of anything that is more revealing of the President's utter economic ignorance as to how market choices are made among products (as opposed to government products where you have no choices). 

First of all, Mr. President. When Apple released OS7, 99.9% of it actually worked.  More importantly it was something people voluntarily chose to do. Nobody forced them to use OS7 -- or even an Apple phone. There weren't any fines levied if you didn't buy an Apple.  In fact you have other choices in phones, and, Mr. President, if Apple phones worked as well as the government does, people would run to those other phones in droves and Apple would be out of business. Apple cannot simply tax their customers to make up for their incompetence. 

Mr. President, with all due respect, on what planet did you learn about economics? 

You're right about one thing, though.  That's not how we do things in America. At least the part of America that continually produces things that people want at lower and lower costs every year. 


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