Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.
Thomas SowellThe welfare state shields people from the consequences of their own mistakes, allowing irresponsibility to continue and to flourish among ever wider circles of people.
Thomas SowellDo countries with strong gun control laws have lower murder rates? Only if you cherry-pick the data.
Thomas SowellWhat sense would it make to classify a man as handicapped because he is in a wheelchair today, if he is expected to be walking again in a month, and competing in track meets before the year is out? Yet Americans are generally given 'class' labels on the basis of their transient location in the income stream. If most Americans do not stay in the same broad income bracket for even a decade, their repeatedly changing 'class' makes class itself a nebulous concept. Yet the intelligentsia are habituated, if not addicted, to seeing the world in class terms.
Thomas Sowell