Thursday, December 30, 2010

No, Virginia, there isn't a Santa Claus.

Nothing is easier for politicians than to play Santa Claus by promising benefits, without mentioning the costs....or lying about the costs and leaving it to future governments to figure out what to do when the money runs out.
The results are not pretty, as we can see on TV, in pictures of rioters in the streets, smashing and burning the property of innocent people, who had nothing to do with giving them unrealistic hopes of living off somebody else, or with the inevitable disappointing of those hopes with cutbacks on the giveaways.
Once you buy the idea that the government should be a sort of year-around Santa Claus, you have bought the kind of consequences that follow.

View full Article here.

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