May each of you have the heart to conceive, the understanding to direct, and the hand to execute works that will leave the world a little better for your having been here. -- Ronald Reagan

Monday, January 4, 2010

Views on the Economy


Regarding the economy, the Statist idea of taking massive amounts of money from a few people, pocketing a lot of it, and giving the rest to constituents, as the basis of national fiscal management doesn't work, has never worked, and never will if the desired result is the most amount of wealth and productivity for the most amount of people.

Another analogy is a man with a bucket at a swimming pool. He's dipping the bucket in the deep end, walking to the shallow end and pouring the contents there, thinking he'll make the shallow end deeper.

No comments: