Are you opposed to closing any business

Reader comment on: Bloomberg Applauds Plant Closures, Rate Increases

Submitted by Jerry Skurnik (United States), Sep 16, 2011 17:19

I'm agnostic on the issue of whether Bloomberg is correct that coal fired plants are dangerous. But if they are as dangerous as Bloomberg thinks they are, is so position that no such plants should ever be closed. Aren't there any businesses that you think should close EVEN if they cost jobs & raise some prices? I can think of a few - a heroin factory, a brothel with under-age childen, etc.

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The Future of Capitalism replies:

The two you name are illegal. If Bloomberg wants to outlaw these plants, fine, then there can be hearings, a process of checks and balances, including the hurdle of two houses and a presidential signature or veto, and a quasi-rational debate about costs and benefits.

Meanwhile, he's complaining that the lack of jobs is going to cause riots and at the same time he's celebrating the closure of job-creating coal plants.

Other reader comments on this item

Title By Date
All part of the plan [18 words]BrianSep 19, 2011 18:07
⇒ Are you opposed to closing any business
[w/response] [72 words]		Jerry SkurnikSep 16, 2011 17:19

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