Monday, June 20, 2005

In the car I was listening to WLS, and there was a host from the far left filling in. I heard complaints about not enough money going to minority districts. They talked about money for education and for "economic development." More money always seems to be the answer. However, spending at all levels of government on education, economic development, and whatever other programs that are supposed to save the world has risen over the decades only to be followed by no improvement in the situation. Decades of failure have not convinced everyone that government spending is not the answer. (Unless you still believe the New Deal got us out of the Great Depression) Many still believe if they give the government some more money and power, it will be better. They will protect us and solve all our problems, but of course they never do. As Milton Friedman said, "Nobody spends other people's money as carefully as he spends his own." When the government takes money from those who earn, the money is not carefully spent in most cases. Welfare, social security, and education run by the government have produced costs that are out of control and dismal results. While the US military is the best in the world, there is a huge amount of waste in Pentagon as well. We would be better off having those that earn the money, keep their money.

Perhaps, I'll form this into a more a coherent rant...

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