Friday, September 5, 2008

A Penny Saved

As I understand U.S. fiscal policy, we spend more than we earn, then borrow from China and Japan so we can lend money we don't have to countries we know will never be able to pay us back.

An apologist for the improvident Welfare recipients argued that "in a democracy," people should be able to spend their money however they choose. Of course they should--but it wasn't their money they squandered, it was mine!

A compassionate society should provide subsistence for all--no one should starve for lack of food or freeze for lack of shelter--but need not feel obliged to ensure every citizen's comfort and convenience.

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