Labor Day is a holiday specifically to thank all the working
stiffs - which is just about all of us
- for making America the nation it is.
Everyone has a theory about what makes an economy like ours
strong, but there is no doubt that without people willing to work hard to
produce products and provide services, we would not be the economic power
that we are.
And we all have a great stake in seeing that the average
working person continues to reap a reward for making the effort necessary to
drive our economic engine.
While there is no doubt that capital plays a role in
creating wealth, it really would be pretty useless unless someone were
willing to add that crucial ingredient called labor, which puts the capital
to use.
If you don’t believe that, then here’s a little experiment
for you to perform this Labor Day:
Take a small amount of capital, say $10, and put it in an
envelope and then set it aside.
Next year, open the envelope and see how much additional
capital was generated without the addition of any other ingredient.
If there’s more than the original $10 in the envelope,
please call us because we would like to be the first to report on a genuine
miracle.
Without labor - be it manual or
intellectual - no one prospers.