Thursday, February 12, 2009

Good News

The Economy has gotten so bad lawyers are being laid off and offices are closing. You want the full scoop on the positive side of this down economy then you need to read Dan Kennedy's article Finally, Good News About The Economy
Economic natural selection would doom lawyers, Congress and other 'non-essential' entities.

The January 26th issue of “The Wall Street Journal” finally provided some really cheery news about the economy with the joyful headline: “Recession Batters Law Firms, Triggering Layoffs, Closings.”

I’ve long advocated a government imposed one- to two-generation moratorium on lawyers breeding. It would certainly have the support of the vast majority of Americans, but it would raise some thorny ethical and legal issues. So this is the next best thing: a Darwinian thinning of the one herd that probably takes more from the economy than any other, and contributes little. Cannibals even refuse to eat lawyers. It leaves a bad taste in their mouths.

The article says layoffs at law firms are now “commonplace.” Wonderful. Is there any other population of workers in this economy that could be furloughed en-masse and do less harm by its shrinkage?

Yes, actually there is – Congress, which, not coincidentally, has a lot of lawyers in its ranks. If only we could lay off Congress for two or three years. If they’re all home collecting extended unemployment compensation, doing nothing, none of their legislation – or the president’s – can move. And the country will be better off.

After all, most of the blowhards now arguing over how to best spend a trillion or more to solve our economy’s ills are the same incompetents and bought-and-owned toadies who drove it off the cliff in the first place. Having Barney Frank and Chris Dodd engineering the repair of the banking system is like putting the navigator from the Titanic in charge of your cruise.


There are some layoffs I would love to see. Dan has got my top two pegged.

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