- The Foundry: Conservative Policy News from The Heritage Foundation - http://blog.heritage.org -

VIDEO: Wisconsin Senator Blasts Obama's 'Depressing Display of Economic Ignorance'

Posted By Brandon Stewart On June 24, 2011 @ 11:46 am In Ongoing Priorities,Scribe | Comments Disabled

Sen. Ron Johnson (R-WI) spent 31 years in manufacturing [1] before his election to Congress last November. He’s not letting that experience go to waste.

Johnson is out with a new video [2] this morning to coincide with President Obama’s visit to Carnegie Mellon University [3] in Pittsburgh to promote manufacturing. He criticizes Obama’s recent comments blaming inventions like the ATM for unemployment.

“This is a depressing display of economic ignorance,” Johnson says. He adds: “Technological innovations create jobs. They drive our economy forward, by helping workers be more productive. That raises everyone’s living standards.”

Johnson recounts a story of Milton Friedman’s visit to China. Upon seeing Chinese workers digging with shovels, he asked, “Why not use bulldozers?”. Freidman was told that workers using shovels would create more jobs. He replied, “Then why not use spoons, instead of shovels?”

Heritage is currently seeking stories from business owners who have encountered government regulations that harm business. If you would like to share your story, please send an email to scribe@heritage.org [4].

Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2011/06/24/video-wisconsin-senator-blasts-obamas-depressing-display-of-economic-ignorance/

URLs in this post:

[1] spent 31 years in manufacturing: http://ronjohnson.senate.gov/public/index.cfm/biography

[2] out with a new video: http://www.youtube.com/watch?v=Et47R-jlues

[3] President Obama’s visit to Carnegie Mellon University: http://www.wpxi.com/news/28338168/detail.html?cxntlid=cmg_cntnt_rss

[4] scribe@heritage.org: mailto:scribe@heritage.org

Copyright © 2011 The Heritage Foundation. All rights reserved.