Came across this article. I think #2 is the one that incenses me the most.
1) Government cannot create wealth, jobs, or income. Because government has to take money from somebody before it can spend it, there is no economic gain from anything the government does.
2) Income inequality does not affect the economy.
3) Low wages are not corporate exploitation. In a free country, people voluntarily accept employment, so all workers believe their current job to be the best choice from among their opportunity set.
4) Environmental over-regulation is a regressive tax that falls hardest on the poor.
5) Education is not a public good.
6) High CEO pay is no worse than high pay to athletes or movie stars.
7) Consumer spending is not what drives the economy.
8) When government provides things for free, they will end up being low quality, cost more than they should, and may disappear when most needed
9) Government cannot correct cosmic injustice.
10) There is no such thing as a free lunch.
Leave a Reply