Showing posts with label Walter E. Williams. Show all posts
Showing posts with label Walter E. Williams. Show all posts

Wednesday, February 07, 2018

Walter Williams: "The true measure of government's impact on our lives is government spending, not government taxing."

Let's Limit Spending

Walter E. Williams
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Posted: Feb 07, 2018 12:01 AM
Some people have called for a balanced budget amendment to our Constitution as a means of reining in a big-spending Congress. That's a misguided vision, for the simple reason that in any real economic sense, as opposed to an accounting sense, the federal budget is always balanced. . .
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Thursday, June 30, 2011

Black silence in the face of black racism has to be one of the biggest betrayals of the civil rights struggle that included black and white Americans.

Walter E. Williams:
Most racist assaults are committed by blacks. What's worse is there're blacks, still alive, who lived through the times of lynching, Jim Crow laws and open racism who remain silent in the face of it.
America's New Racists

Wednesday, April 07, 2010

Secession: the elephant in the room

Walter E. Williams:
Americans who wish to live free have several options. We can submit to those who have constitutional contempt and want to run our lives. We can resist, fight and risk bloodshed and death in an attempt to force America's tyrants to respect our liberties and human rights. We can seek a peaceful resolution of our irreconcilable differences by separating. Some independence movements, such as our 1776 war with England and our 1861 War Between the States, have been violent, but they need not be. In 1905, Norway seceded from Sweden; Panama seceded from Columbia (1903), and West Virginia from Virginia (1863). Nonetheless, violent secession can lead to great friendships. England is probably our greatest ally.

The bottom-line question for all of us is: Should we part company or continue trying to forcibly impose our wills on one another?
PARTING COMPANY

Saturday, March 13, 2010

Rights vs. Wishes

For Congress to guarantee a right to health care, or any other good or service, whether a person can afford it or not, it must diminish someone else’s rights, namely their rights to their earnings. The reason is that Congress has no resources of its very own. Moreover, there is no Santa Claus, Easter Bunny or Tooth Fairy giving them those resources. The fact that government has no resources of its very own forces one to recognize that in order for government to give one American citizen a dollar, it must first, through intimidation, threats and coercion, confiscate that dollar from some other American. If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.

To argue that people have a right that imposes obligations on another is an absurd concept. A better term for new-fangled rights to health care, decent housing and food is wishes...
The nature of rights, and of wishes

Wednesday, January 28, 2009

The President and The Swimming Pool

In stimulus package language, if Congress taxes to hand out money, one person is stimulated at the expense of another, who pays the tax, who is unstimulated.

A visual representation of the stimulus package is: Imagine you see a person at work taking buckets of water from the deep end of a swimming pool and dumping them into the shallow end in an attempt to make it deeper. You would deem him stupid.

That scenario is equivalent to what Congress and the new president propose for the economy.
Find out the shit we're in HERE!

Wednesday, June 13, 2007

War of the Words

Duping the Public With Clever Words
by Walter E. Williams
Posted 06/12/2007 ET


Dr. Thomas Sowell, a distinguished economist and longtime friend and colleague, recently wrote a series of columns under the title “A War of Words.” He pointed out that liberals succeed in duping the public because they are so clever with words that they give the appearance of compassion. Liberals talk about the need for “affordable” housing and health care. They tarnish their enemies with terms such as “price-gouging” and “corporate greed.” Uninformed and unthinking Americans fall easy prey to this demagoguery.

Politicians exploit public demands that government ought to do something about this or that problem by taking measures giving them greater control over our lives. For the most part, whatever politicians do, whether it’s rent controls to produce “affordable” housing or price controls to eliminate “price-gouging,” the result is a calamity worse than the original problem. For example, two of the most costly housing markets are the rent-controlled cities of San Francisco and New York. If you’re over 40, you’ll remember the chaos produced by the gasoline price controls of the 1970s. Socialist agendas have considerable appeal, but they produce disaster, and the more Socialist they are, the greater the disaster.

Liberals often denounce free markets as immoral. The reality is exactly the opposite. Free markets, characterized by peaceable, voluntary exchange, with respect for property rights and the rule of law, are more moral than any other system of resource allocation. Let’s examine just one reason for the superior morality of free markets.

Say that I mow your lawn and you pay me $30, which we might think of as certificates of performance. Having mowed your lawn, I visit my grocer and demand that my fellow men serve me by giving me three pounds of steak and a six-pack of beer. In effect, the grocer asks, “Williams, you’re demanding that your fellow man, as ranchers and brewers, serve you. What did you do to serve your fellow man?” I say, “I mowed his lawn.” The grocer says, “Prove it!” That’s when I hand over my certificates of performance -- the $30.

Morality of Allocation

Look at the morality of a resource allocation method that requires that I serve my fellow man in order to have a claim on what he produces and contrast it with government resource allocation. The government can say, “Williams, you don’t have to serve your fellow man. Through our tax code, we’ll take what he produces and give it to you.” Of course, if I were to privately take what my fellow man produced, we’d call it theft. The only difference is when the government does it, that theft is legal but nonetheless theft -- the taking of one person’s rightful property to give to another.

Liberals love to talk about this or that human right, such as a right to health care, food or housing. That’s a perverse usage of the term “right.” A right, such as a right to free speech, imposes no obligation on another, except that of non-interference. The so-called right to health care, food or housing, whether a person can afford it or not, is something entirely different. It does impose an obligation on another. If one person has a right to something he didn’t produce, simultaneously and of necessity it means that some other person does not have right to something he did produce. That’s because, since there’s no Santa Claus or Tooth Fairy, in order for government to give one American a dollar, it must, through intimidation, threats and coercion, confiscate that dollar from some other American. I’d like to hear the moral argument for taking what belongs to one person to give to another person.

There are people in need of help. Charity is one of the nobler human motivations. The act of reaching into one’s own pockets to help a fellow man in need is praiseworthy and laudable. Reaching into someone else’s pocket is despicable and worthy of condemnation.

Dr. Williams is a nationally syndicated columnist, former chairman of the economics department at George Mason University, and author of More Liberty Means Less Government