tag:blogger.com,1999:blog-15078815.post4924682295445224105..comments2023-09-25T21:22:28.439-04:00Comments on Cup Of Joe Powell: Corporate Freebies - A Southern FollyJoe Powellhttp://www.blogger.com/profile/04326800254526438870noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-15078815.post-80444998781330990122007-04-24T08:15:00.000-04:002007-04-24T08:15:00.000-04:00My friend just opened a restaurant there, which wa...My friend just opened a restaurant there, which was a smart move, given his fare and pricepoint. I don't think that area will reap any benefits from KIA for a very long time, and I too am concerned about the incentive package. I lived there for many years, and yes, most of the mills are gone, but unemployment isn't rampant. I wonder what the average salary will be at that plant?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15078815.post-13190200835740411882007-04-23T12:55:00.000-04:002007-04-23T12:55:00.000-04:00Oxy -- your comments give much food for thought.in...Oxy -- your comments give much food for thought.<BR/><BR/>interesting point about Smith. however, I have to wonder if Smith's philosophy ever considered the realities of the world we inhabit today.<BR/>for instance, Smith noted an individual promoting his own good tends to promote the good of the community.<BR/>yet, what if that individual promoting his own good were one of those elected officials in TN cited in the TN Waltz scheme, who looked to their own good ... i suppose the good of the community was served when they were caught. but how often do those who serve themselves first and last in violations of law are the subjects of a criminal investigation?<BR/><BR/>i suppose it could be said that no matter the action taken by an individual, some good comes from it. is that optimism? philosophy? a rose-colored illusion?<BR/><BR/>in Smith's day, immense numbers of the population were daily involved in the economic life of a community, whether local or foreign, and in affecting growth within a community, and not just thru the paying of taxes on goods and services. today such workers/creators are far removed from the forces, invisible or otherwise, which shape the world at large.<BR/><BR/>most interesting topic, Oxy.Joe Powellhttps://www.blogger.com/profile/04326800254526438870noreply@blogger.comtag:blogger.com,1999:blog-15078815.post-67215108974851793322007-04-23T12:26:00.000-04:002007-04-23T12:26:00.000-04:00This is the "conservatives" version of Adam Smith'...This is the "conservatives" version of Adam Smith's "invisible hand" at work. <BR/>Never mind that this kind of incentives is a throwaway, it undermines allready estabished facilities of companies who pay their employees long term health and pension costs. <BR/>Government underwritten corporatism: what's 'at called agin?Anonymousnoreply@blogger.com