How Economics Work: Just look to the home of the Whopper

One thing that kept coming up during the election of 2018 was the Democrat notion of inside out economics, as if something grew from nothing to formulate economic activity. Clearly, the only way that economic development occurs is from the top down, starting with an idea, then its implementation, followed by creation, then employment followed by delivery. Jobs do not come from nowhere to suddenly start delivery. Only people who don’t understand the basic foundations of economics could think such a thing and it was Sherrod Brown the very liberal senator from Ohio who said it most when challenged by Jim Renacci—his Republican rival. The entire idea that government creates jobs is a ridiculous notion and it is at the center of all liberal politics. Only a top down approach works which is the general understanding of conservative thought.

A great example of the nature of job creation is in my local community. Near the intersection of Liberty Fairfield Road in Butler County, Ohio and Rt. 4, where I live is several developments that serve the local community such as a Kroger, many restaurants, hardware stores and a wonderful golf course called Elk Run. My wife and I are very busy so we eat out a lot and usually take our pick rotating around all the various food options that are located at that intersection, everything from a McDonald’s to Wendy’s and Frisch’s. There’s a Gold Star, and a Skyline Chili, a Penn Station, and Chinese food—there are so many options including a few pizza places, that there is always plenty of choices and that makes our location particularly attractive to live.

Left leaning people dislike too much development, they prefer lots of green space, which I understand. I like nature, but more than that I love to see the creations that humans come up with. So I enjoy watching new developments come to being. At that intersection there have been a few plots of land that I was hoping would become new restaurants to give us even more options than we already have, but they have sat empty for decades waiting for the right time. Again, left leaning people like to see a lack of development because they think nature is the thing to follow. But in areas where human beings have decided to reside, the ambitions of the human mind can be and to me is, a very beautiful thing. So it was quite a delight to my wife and I to learn that those two plots of land were finally going to become something other than scenery.

At one location across from the Elk Run neighborhood a Dairy Queen is being built, which is very exciting. I love Dairy Queen and this one will be within walking distance so I can take my grandchildren there easily for fun little memories as opportunities present themselves. The second I learned about from a good friend of mine who is in the restaurant creation business, and that is that a new Burger King will be built across from McDonald’s. That is fantastic news because I do love to eat a good Whopper occasionally. My family eats at McDonald’s probably about 5 to 8 times a week, but sometimes we get tired of it. Especially when they are going through management problems, as they are presently. Fast food workers are always high turnover groups by their nature and managers are always challenged with creating reliable staffs. If they get a manager of one of these restaurants who doesn’t get it, the lines are often long at the drive-thrus, and the orders get messed up. So its great to have options and that usually is Wendy’s which is down the street a bit to the southwest.

Burger King is just another great option for us and its creation is literally coming from a plot of land that wasn’t doing anything and is becoming something that gives people like me an option in dining. Its creation didn’t come from some government bureaucrat who looked at that location and thought, “I think people will be best served to have a hamburger place built here.” Rather an entrepreneurial type looked at the demographic data from the area, checked the available land and its pricing and looked hard at a forecast of the new Trump economy and thought that they might make some money at that location. So they put up their money, took a lot of risk, and started getting the permits to build a new restaurant so that a guy like me could visit and have unlimited options to buy a Whopper when I grew hungry. The restaurant builder was taking a chance that he could compete with the surrounding competition and initiated their endeavor based on their best information. There is nothing inside out about that process, only the top down.

The restaurant owners of these new businesses expect to make money, if they don’t then none of the effort would be worth it. It is in the potential of making money that makes all the hard work into building such a place possible. Without that incentive, step one would never happen. That is why socialism fails throughout the world because it is hard to build things, anything. There are so many considerations and without a motivation of profit to lure out the ambitious, nothing happens. Not everyone is equipped to be a restaurant builder or an entrepreneur. Such people often have to work 60 to 100 hours a week, so it’s not for everyone. But the potential to become wealthy with such work motivates the most ambitious to try their hand and that is the key to the American capitalist system. To me I enjoy the scenery of human development sometimes more than a nice mountain or a group of trees. What the human imagination does with wood and stone to create variety in the human experience is something that is very interesting to observe. I never get tired of driving through any town to see what human beings have built for themselves out of their attempts to create wealth. It can and often is a very beautiful thing to observe. It’s not so good when those buildings built with hopes and dreams end up bankrupt and empty. But when they work, they are great to see.

All those inventions of thought make a life-like mine more productive. When I am trying to catch up on the DVR recordings over a weekend and we need to grab a quick bite to eat, I enjoy having the option to get a Whopper and to spend a Sunday afternoon learning things I’ve recorded by people who made those programs with an effort at making money. Everyone’s ambitions come together for my benefit and that is the miracle of modern society. It’s also the nature of all economic activity. Businesses don’t exist to provide jobs, but the jobs are created to pave the way for wealth creation, expanded GDP. And that is something that no Democrat ever came to terms with. They just never understood that basic concept. And that fault is purely theirs. Economic theory is not a newly discovered science, we know the rules. Only liberals have decided to ignore the rules to bend the world to some ancient vision of Karl Marx who was creating the premise of Marxism before a McDonald’s was ever built. But in these days of wealth creation under a capitalist system, the rules are quite clear. And they are wonderful to see in areas experiencing economic growth. Because that is evidence of something even better happening and with every new place of business that opens, it says that the economy is expanding, not contracting and that is always something to celebrate.

Rich Hoffman

Sign up for Second Call Defense here: http://www.secondcalldefense.org/?affiliate=20707 Use my name to get added benefits.