Here’s a pretty remarkable speech on the floor of the U.S. House of Representatives by Jesse Jackson Jr. Among other things, Congressman Jackson suggests that the United States should try to solve its long-term employment problems by giving every child in the United States an Ipod.
There’s an awful lot of economic illiteracy and confusion about the purpose of constitutionally guaranteed individual rights crammed into just 88 seconds. The video is well worth watching as a depressing reminder that some influential people in countries with market economies who still favour an approach to growth and economic development based largely on central planning and massive government spending.
Please be warned that some of the comments underneath the video clip are extremely crude and distasteful.