To reverse the trend and reduce the role of government in our lives, and thus alleviate the government deficit and inflation pressures, is a giant educational task. The social and economic ideas that gave birth to the transfer system must be discredited and replaced with old values of individual independence and self-reliance. The social philosophy of individual freedom and unhampered private property must again be our guiding light.
Hans F. SennholzA government debt is a government claim against personal income and private property - an unpaid tax bill.
Hans F. SennholzInflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.
Hans F. SennholzThe government transfers income and wealth according to the rules of politics, which make politicians the primary beneficiaries of the system, and the poor and needy the primary victims.
Hans F. Sennholz