Saturday, December 28, 2013

Tax and Spend

Moguls administer trusts in South Dakota to avoid taxes.

Thanks to its government's bankruptcy, Detroit's resurgence continues.

Even if you believe that government policies are well-intentioned, they still invariably harm the people they are supposed to help.
"sociologist Charles Murray chronicles, most recently in his bestseller Coming Apart, how the federal government’s war on poverty paradoxically hurts the poor. He explains that though welfare benefits are well intentioned, what they in effect do is pay people to stay poor, hurting the very people they intend to help. These misaligned incentives are a leading reason why $15 trillion in welfare spending over the past 50 years has perversely resulted in a 50-year-high poverty rate of 15.1 percent. "
If government policies were well-intentioned, they would be abolished when the damage they do became obvious. But they never get abolished. This proves government policies are not well-intentioned.

The Pentagon refuses to comply with a congressional order for an audit.

No comments:

Post a Comment