Even in an era of much-ballyhooed “change,” the government cannot eliminate sadness. What it can do is transfer that sadness from those who made risky and unwise decisions to the taxpayers who had nothing to do with their decisions.
Worse, the subsidizing of bad decisions destroys one of the most effective sources of better decisions— namely, paying the consequences of bad decisions.
Thomas Sowell, Dismantling America, pg.25
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