Saturday Thoughts

Saturday Thoughts # 1

It is amazing how many people think that the government's role is to give them what they want by overriding what other people want.

Time and again, over the centuries, price controls have produced three things: shortages, quality deterioration and black markets. Why would anyone want any of those things with pharmaceutical drugs?

If the government gave a $5,000 subsidy to anyone who buys an automobile, do you doubt that the price of automobiles would go up -- perhaps by $5,000? Why then does no one see any connection between government subsidies to college students and rising tuition?

Saturday Thoughts # 2

It is fascinating to watch politicians come up with "solutions" to problems that are a direct result of their previous solutions. In many cases, the most efficient thing to do would be to repeal their previous solution and stop being so gung-ho for creating new solutions in the future.

If we become a people who are willing to give up our money and our freedom in exchange for rhetoric and promises, then nothing can save us.

It is amazing how many people think that they can answer an argument by attributing bad motives to those who disagree with them. Using this kind of reasoning, you can believe or not believe anything about anything, without having to bother to deal with facts or logic.

Saturday Thoughts # 3

When liberals in the media or in politics start being alarmed about the national debt, it means just one thing: They want higher taxes. The thought of reducing spending would never cross their minds.

How does our national debt today compare to our national income? It is lower than it was a decade ago, during the Clinton administration, when liberals did not seem nearly as panicked as they seem today.

As a percentage of the national income, the national debt today is less than half of what it was in 1950 and about where it was in 1940 -- back in those "earlier and simpler times."

Someone who is adding to the total wealth of this country is not depriving you of anything. But someone who is consuming the nation's wealth, without contributing anything to it, is. Yet our tax system penalizes those who are producing wealth in order to subsidize those who are only consuming it.