[T]he only way to shrink the trade deficit is for the government to prohibit us from buying whatever we want.
John StosselA handful of people who probably never even ran a small business actually think they can reinvent the health care system.
John StosselPeople vastly overestimate the ability of central planners to improve on the independent action of diverse individuals. What I've learned watching regulators is that they almost always make things worse. If regulators did nothing, the self-correcting mechanisms of the market would mitigate most problems with more finesse. And less cost.
John StosselTo finance 'entitlement' programs, the government threatens force against the taxpayers who provide the money. Why are people who favor compulsion called humanitarians, while those who favor freedom are stigmatized as greedy?
John StosselYou can either invade a country or leave them alone and trade with them. When goods cross borders, armies don't.
John StosselPoliticians and bureaucrats clearly have no idea how complicated markets are. Every day people make countless tradeoffs, in all areas of life, based on subjective value judgements and personal information as they delicately balance their interests, needs and wants. Who is in a better position than they to tailor those choices to best serve their purposes? Yet the politicians believe they can plan the medical market the way you plan a birthday party.
John Stossel