Socialism is a wonderful idea. It is only as a reality that it has been disastrous. Among people of every race, color, and creed, all around the world, socialism has led to hunger in countries that used to have surplus food to export.... Nevertheless, for many of those who deal primarily in ideas, socialism remains an attractive idea -- in fact, seductive. Its every failure is explained away as due to the inadequacies of particular leaders.
Thomas SowellAll the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.
Thomas SowellThe welfare state is not really about the welfare of the masses. It is about the egos of the elites.
Thomas SowellPeople who believe in 'universal health care' show remarkably little interest - usually none - in finding out what that phrase turns out to mean in practice, in those countries where it already exists, such as Britain, Sweden or Canada. For one thing, 'universal health care' in these countries means months of waiting for surgery that Americans get in a matter of weeks or even days.
Thomas SowellRiskier mortgage lending practices, imposed by government, were what set the stage for many mortgage payments to stop and thus for the financial disasters that followed. Political rhetoric, echoed in the media, seeks to obscure that painfully plain fact.
Thomas Sowell