Politicians 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 StosselAs coercive monopolies that spend other people's money taken by force, governments are uniquely unqualified to solve problems. They are riddled by ignorance, perverse incentives, incompetence and are self-serving.
John StosselUnions say, 'Education of the children is too important to be left to the vagaries of the market.' The opposite is true. Education is too important to be left to the calcified union/government monopoly.
John StosselLiberalism had come to mean spending more on everything-speech police, failed poverty programs that reward dependence, a bigger nanny state telling us we cannot eat fatty foods, workplace roles that stifle opportunity, and absurd environmental regulations.
John StosselI was bullied as a kid, and I got a job on television. And I had a camera. And so I wanted to go after those business bullies. And I just have been following that instinct.
John StosselThe 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 Stossel