Any money the government spends must be taxed, borrowed or conjured out of thin air by the Federal Reserve, and that will reduce sound private investment. Obama has no real wealth to inject into the economy. He can only move around existing money while inflation robs us of purchasing power. Meanwhile, private investors who might have produced a better engine, battery, computer, cancer treatment or other wealth-creating and life-enhancing innovations hold back for fear that big government will undermine productive efforts.

I like taking the subway to work.

The one thing I've learned is that stuttering in public is never as bad as I fear it will be.

The political class can't imagine a decentralized world where good things happen...without them. But in the real world, that's exactly how good things happen, and how jobs are created. When government sets simple rules that everyone understands and then gets out of the way, free people create jobs.

Entitlement? How can you be entitled to someone else's money?

No transaction happens unless it is voluntary. It only happens if both of you think you win.

All our rights are gradually eroded as government gets bigger.