The Militant Libertarian

I'm pissed off and I'm a libertarian. What else you wanna know?

Tuesday, June 02, 2009

Recession is the Mother of Invention

Proctor & Gamble, Hewlett-Packard, Burger King, General Electric, Walt Disney Corporation, Microsoft along with electric razors, tampax, car radios, Chocolate Chip cookies, and Xerox machines have two things in common.

They were all created or invented during a recession or depression. In fact, over half of the companies listed on the Dow Jones Industrial Average were formed during a recession or depression.

The other commonality is not a one was conceived by a politician or bureaucrat, nor were they the product of any tax credits, subsidies or other governmental help.

Go to the original site to read the original, with links and more.

Got comments? Email me, dammit!
Permanent link for this article which can be used on any website:


Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home