March 15, 2017

Friedman speaks from the grave.

via KHOW's AM "Hoss Boss" Ross Kaminsky, who paraphrases.

1. A person spending their own money on themselves:
is concerned about cost and quality.
2. A person spending their own money on others:
is concerned about cost, not quality.
3. A person spending others' money on themselves:
is concerned about quality, not cost.
4. A person spending others' money on others:
is not concerned about quality or cost.

Guess which curtain the gov't hides behind? {They only care about volume}
I know, trick question, but a lead in to this terrific video from the geniuses at PragerU: It's hosted by one of economics' leading stars, Arthur Brooks, brilliantly and quotes Hayek, but the image below is the best takeaway. It also supports what my BFF says "government declared war on poverty: poverty won!"

Food%20Stamp%20Failure.PNG

Economics and Markets Posted by nanobrewer at March 15, 2017 3:19 PM

Great image but I had to watch the video to learn something about the Progressives that I didn't know. They see rising food stamp recipients as a success because that shows government "helping" more people.

I have always attributed to the desire to have more people kept in dependency. I was too cynical. They are not evil just wrong.

Posted by: johngalt at March 17, 2017 1:54 PM

Mean ol' Republicans are going to take 14 million off of Medicaid/Medicare in ten years.

They should be handing pout friggin' medals!

Posted by: jk at March 17, 2017 2:42 PM | What do you think? [2]