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If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.

Walter E. Williams

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Walter E. Williams
Age: 84 †
Born: 1936
Born: March 31
Died: 2020
Died: December 1
Columnist
Economist
Journalist
Radio Personality
University Teacher
Philadelphia
Pennsylvania
Walter Williams
Walter Edward Williams
Degrees
Diploma
College
Bachelors
High
Credibility
School
Inflation
Much
Grade
Continues
Grades
Degree
Bachelor

More quotes by Walter E. Williams

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The crucial question for any policy is not what, are its intentions, but what are its effects?
Walter E. Williams
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In general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.
Walter E. Williams
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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Walter E. Williams
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Trying to get government to be as efficient as business is as hopeless as trying to teach cats to bark and dogs to meow.
Walter E. Williams
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Saying the Constitution is a living document is the same as saying we don't have a Constitution.
Walter E. Williams
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You can bet the rent money that whatever politicians do will end up harming consumers. ... Economic ignorance is to politicians what idle hands are to the devil. Both provide the workshop for the creation of evil.
Walter E. Williams
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Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed incalculable harm on the disadvantaged members of our society. The only moral thing to do is to repeal it.
Walter E. Williams
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According to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family.
Walter E. Williams
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If the Constitution framers would come back today, they would have contempt for most of us.
Walter E. Williams
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Most of what Congress does fits the description of forcing one American to serve the purposes of another American. That description differs only in degree, but not in kind, from slavery.
Walter E. Williams
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There are many farm handouts but let's call them what they really are: a form of legalized theft. Essentially, a congressman tells his farm constituency, Vote for me. I'll use my office to take another American's money and give it to you.
Walter E. Williams
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The greatest percentage of poverty is found in female-headed households. Over 70 percent of female-headed households are poor. A large percentage of poor people are children (17 percent) fully 85 percent of black children living in poverty reside in a female-headed household.
Walter E. Williams
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The founders of our nation feared paper currency because it gave government the means to steal from its citizens.
Walter E. Williams
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All we have to do now is to inform the public that the payment of social security taxes is voluntary and watch the mass exodus.
Walter E. Williams
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Cap and trade is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.
Walter E. Williams
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Maybe I'm overly pessimistic, but most of Africa is a continent without much hope for its people... What [Africa] needs, the West cannot give. ...what Africans need is personal liberty...[and] guarantees of private property rights and rule of law.
Walter E. Williams
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Experts and the educated elite have replaced what worked with what sounded good. Society was far more civilized before they took over our schools, prisons, welfare programs, police departments and courts. It's high time we ran these people out of our lives and went back to common sense.
Walter E. Williams
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Once Congress establishes that one person can live at the expense of another, it pays for everyone to try to do so.
Walter E. Williams
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Legislators aren't known for being rocket scientists.
Walter E. Williams
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After a Canadian has been referred to a specialist, the waiting list for gynecological surgery is four to 12 weeks, cataract removal 12 to 18 weeks, tonsillectomy three to 36 weeks and neurosurgery five to 30 weeks.
Walter E. Williams