Hillary Clinton’s gaffe does not take her out of the running for President of the US in 2016.\u00a0 But it shows a weakness.\u00a0 Joe Biden, another candidate, utters innocent gaffes. He may be dyslexic.\u00a0 This hardly disqualifies a decent man, with broad foreiign policy experience from running.\u00a0 In our opinion, the press should lay off his small errors.<\/p>\n
Mrs. Clinton’s gaffe about businesses not originating jobs was more sinister.\u00a0 She seemed to be groping for a phrase some of her political competition uses.\u00a0 She missed the mark.<\/p>\n
A Yale University economiist concluded a decade ago that 2.2 percent of the total present value of social returns to innovation are captured by innovators (although profits to these innovators start out somewhat higher and then decrease rapidly over time.\u00a0 In other words, nearly 98 percent of the value of technological innovations accrues to consumers (through lower prices and increased productivity) rather than to the inventors themselves.<\/p>\n
People who make jobs, enterpeneurs and business people, are to be sure doing this in a country that makes it possible by supporting creativity, risk-taking and effort.\u00a0 We lead the world in this quality, which is rare and\u00a0 valuable.\u00a0 Look at a state like Texas today.\u00a0 Because it supports this spirit, jobs are plentiful and people are profiting across the board.<\/p>\n
Class warfare is not a useful possture from which to improve the economy and create jobs and train people to fill them.<\/p>\n
<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Hillary Clinton’s gaffe does not take her out of the running for President of the US in 2016.\u00a0 But it shows a weakness.\u00a0 Joe Biden, another candidate, utters innocent gaffes. He may be dyslexic.\u00a0 This hardly disqualifies a decent man, … Continue reading ![\"Hillary](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/10\/Hillary-Cinton-Gaffe.jpg\")
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