The theory of government I was taught says that government provides benefits, primarily security, to the entire population. In return we pay taxes. But lately the government has been a distributor of special privileges, taking money from some and giving it to others. America is now about evenly split between those who pay income taxes and those who consume them.
John StosselWe have all kinds of government compensation systems that are much more efficient than the lawyers.
John StosselCurrent government regulation interferes with honest voluntary exchanges by imposing arbitrary terms and requiring tons of paperwork disclosing information no one wants anyway.
John StosselIf government were less important in our lives, politicians would have fewer goodies to trade. In return, we'd have more money and more freedom.
John StosselMany people are priced out of the medical and insurance markets for one reason: the politicians refusal to give up power. Allowing them to seize another 16 percent of the economy won't solve our problems. Freedom will.
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