Tuesday, August 09, 2011

Quote of the Day: Spending Utopia

From Thomas Sowell

Amid all the concerns about the skyrocketing government debt, a front-page headline in the Wall Street Journal said: "Families Slice Debt to Lowest In 6 Years." It is remarkable how differently people behave when they are spending their own money compared to the way politicians behave when spending the government's money.

I would add that it’s also remarkable how the consensus expect people who work for governments as morphing into supernatural entities by operating above and beyond economic laws.

When we apply utopianism to reality we either get lost, confused and frustrated or become mental slaves (zombies) to the fantasies of a transcendental state.

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