The Obama administration seems to be following what might be called 'the Detroit pattern increasing taxes, harassing businesses, and pandering to unions. In the short run, it got mayors re-elected. In the long-run, it reduced Detroit from a thriving city to an economic disaster area, whose population was cut in half, as its most productive citizens fled.
Thomas SowellA friend from India told me that a countryman of his said: "I want to go to America. I want to see a country where poor people are fat."
Thomas SowellGovernment cannot solve all our problems, even in normal times, much less during a catastrophe of nature that reminds man how little he is, despite all his big talk.
Thomas SowellWhen a highly successful leader retires after a long career, it is very unlikely that his successor will be of comparable caliber. Anyone of similar ability and drive would have gone somewhere else, instead of waiting in the wings for years for a chance to show his own leadership.
Thomas SowellTariffs that save jobs in the steel industry mean higher steel prices, which in turn means fewer sales of American steel products around the world and losses of far more jobs than are saved.
Thomas Sowell