Wednesday, January 24, 2018

Is It Reasonable To Ask a Politician To Commit Political Suicide For the Sake Of Princple?

"The sad truth is that we elect politicians for the specific purpose of taking the property of other Americans and giving it to us. Many manufacturers think that the government owes them a protective tariff to keep out foreign goods, resulting in artificially higher prices for consmers. Many farmers think the government owes them a crop subsidy, which raises the price of food. Organized labor thinks government should protect their jobs from non-uion competition. (Davis-Bacon Act0

And so on. We could even consider many college professors, who love to secure government grants to study poverty and then meet at hotels in Miami during the winter to talk about poor people. All of these----and hundreds of other similair demands on government that I coud cite---represent involuntary exchanges and diminish our freedom."

Spoken by Walter Willians and appearing in the September 2009 issue of the Imprims, a publication of Hillsdale College. Walter Williams was at the time Professor of Economics at George Mason University.

Unfortunately so true today and forever.

( You might want to read my blogs on 'Subsidies' and 'Poverty' and 'Hillsdale University')

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