Saturday, January 27, 2007

Couldn't have said it better myself

"In evaluating the socialistic welfare state, it might be timely to reflect on a few basic economic truths, which have been proved many times in the course of history:
• Governments cannot give to the people what they do not first take away.
• You cannot multiply wealth by dividing it.
• You cannot legislate the poor into economic freedom by legislating the wealthy out of it.
• That which one man receives without working for, another man must work for without receiving.
• Nothing can kill the initiative of a people more quickly than for half of them to get the idea that they need not work because the other half will feed them, and for the other half to get the idea that it does no good to work since someone else receives the rewards of their labours."
(source: http://www.ve7vic.ca/Quarterwave/quarterwave_may06.pdf)

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