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How long do politicians have to keep on promising heaven and delivering hell before people catch on and stop getting swept away by rhetoric?
Thomas Sowell
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Thomas Sowell
Age: 94
Born: 1930
Born: June 30
Economist
University Teacher
Gastonia
North Carolina
Stop
Promising
Getting
Swept
Heaven
Delivering
Away
Rhetoric
Keep
Catch
Long
Politicians
People
Politician
Hell
More quotes by Thomas Sowell
Has Obama ever grown even a potted plant, much less a business, a bank, a hospital or any of the numerous other institutions whose decisions he wants to control and override? But he can talk glibly about growing the economy. Arrogance is no substitute for experience. That is why the country is in the mess it is in now.
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Most intellectuals outside the field of economics show remarkably little interest in learning even the basic fundamentals of economics. Yet they do not hesitate to make sweeping pronouncements about the economy in general, businesses in particular, and the many issues revolving around what is called 'income distribution'.
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In politics, throwing the taxpayers' money at disasters is supposed to show your compassion. But robbing Peter to pay Paul is not compassion. It is politics.
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Government's power to bully people who have broken no law is dangerous to all of us.
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Government bailouts are like potato chips: You can't stop with just one.
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Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it has to say about music or literature.
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It takes considerable knowledge just to realize the extent of your own ignorance.
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Any policy is a success by sufficiently low standards and a failure by sufficiently high standards.
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The talkers and writers resent being left on the sidelines by the doers.
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American prosperity and American free enterprise are both highly unusual in the world, and we should not overlook the possibility that the two are connected.
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Someone once said that many bad policies are just good policies that have been carried too far. For example, we have taken tolerance to such an extreme that we tolerate the immigration into our country of millions of intolerant people who hate millions of Americans who are already here.
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The reason so many problems do not get solved in Washington is that solving those problems is not the No. 1 priority: Re-election is.
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The real problem, both in discussions of mass shootings and in discussions of gun control, is that too many people are too committed to a vision to allow mere facts to interfere with their beliefs, and the sense of superiority that those beliefs give them.
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Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all.
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You don't send people to prison on the basis of what other people imagine, or on the basis of media sound bites like 'shooting an unarmed child,' when that 'child' was beating him bloody.
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If you want to get each individual's honest opinion, you don't want that opinion to be influenced by others who are present, much less allow a group to coordinate what they are going to say.
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You may scoff at the Tooth Fairy if you like. But the Tooth Fairy's approach has gotten more politicians elected than any economist's analysis.
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Politeness and consideration for others is like investing pennies and getting dollars back.
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It is amazing how many people seem to think that the government exists to turn their prejudices into law.
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The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
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