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Notable Quotables

April 11th, 2012 Leave a comment Go to comments

Thomas Sowell on the economy:

Have you noticed that what modest economic improvements we have seen occurred during the much-lamented “gridlock” in Washington? Nor is this unusual. If you check back through history, doing nothing has a far better track record than that of politicians intervening in the economy.

With all the talk about people paying their “fair share” of income taxes, why do nearly half the people in this country pay no income taxes at all? Is that their “fair share”? Or is creating more recipients of government handouts, at no cost to themselves, simply a strategy to gain more votes?

People who believe in evolution in biology often believe in creationism in government. In other words, they believe that the universe and all the creatures in it could have evolved spontaneously, but that the economy is too complicated to operate without being directed by politicians.

The United States now has the dubious distinction of having the highest corporate tax rate in the world. And people wonder why American corporations are expanding overseas, providing jobs to foreigners. The left may get their jollies attacking “the rich,” but the real victims are other people, who want the jobs that are sent overseas to escape a hostile business climate at home.

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