“The problem is that as the government sector expands in a society, it creates the illusion that the parasitic sector, owing to its enormous size and reach, must be kept intact and even expanded to maintain economic prosperity. But that’s the worse thing a society can do because it will only move society further in the wrong direction–in the direction of impoverishment and bankruptcy. The best thing people can do is permanently lay off all those parasitic workers (and bring an end to their welfare-warfare functions), thereby restoring the right of people in the private sector to keep their wealth and thereby raising everyone’s standard of living in that society.”
http://fff.org/2013/09/26/permanently-lay-off-the-parasitic-sector/
Related posts:
A bitter lesson from ‘the best and the brightest’
Jacob Hornberger: Let Puerto Go
The Paul Ryan Record – Not as Fiscally Conservative as You Think
Just Wait Until Ferguson Police Get Federally Funded Drones
Obama admin. sends guns to Syria…without background checks
When The Media Lauded Clinton's Gestapo Immigration Tactics
How Do Ponzi Schemes End?
Judge Napolitano: FBI Fake Terror Plot History
Who's Your Guy: Obama or Manning?
Venezuela Runs Out of Toilet Paper, Achieves True Socialism
Ron Paul: Why Won’t Obama Just Leave Ukraine Alone?
Should You Trust Your Instincts on Gold?
U.S. Helping Iranians With Surveillance Circumvention Technologies
Paul Craig Roberts: Why Are Obama and Kerry Desperate to Start a New War?
The Wrong and Right Way to Buy Gold, Part III