Tuesday, October 23, 2012

The Loser's Game

Electric vehicles might indeed be the wave of the future. That's not the point. The point is that Washington has no business picking winners and losers in the marketplace. An industry that holds great promise doesn't need government handouts. And handouts to industries that can't make it are nothing but a waste.

How easy is it for politicians to take our money at gunpoint, give the money to a third party, and tell us it is for our own good ... and when the dust settles, what is the consequence to those who frittered away the money they stole and gave away ....  nuts.

Why a population will tolerate this behavior is baffling, but I think it is related to economic illiteracy.

Question for the citizen:  Does consent matter? 

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