June 10, 2014

Dr. Thomas Sowell Destroys the Liberal Rational for making Economic Choices based upon Emotions rather than Rational Empirical Evidence

By Rob Janicki


Economic choices are called opportunity costs.  When one choice is fulfilled, another choice is denied.  What liberals either fail to understand or refuse to acknowledge is that economic choices are to be made on a cost/benefit analysis basis.  This compares the costs and the benefits of the choices under consideration.  

Benefits can be more intangible and thus become subjective in the analysis process, but none the less, monetary numbers will be attached to the intangible elements as best as possible in order to make rational judgments.  Liberals don't like to quantify those intangibles and then they completely overlook them or deny their existence.  

Every welfare program is a wealth redistribution program at its core.  The federal government has enacted many of these wealth redistribution programs, such as Social Security, Medicare, Medicaid and now the Affordable Care Act.  All have failed to honestly address the costs of these programs and the resulting benefits from these programs going forward.  Everyone of these programs have failed miserably to honestly address the costs associated with each individual program and were pushed by liberals on the basis of emotional appeal.  Liberals have always characterized themselves as more caring than those on the political right, yet have failed to provide substantive proof of their assertions. 

What liberals never acknowledge are the true costs to society for these huge and expansive welfare programs.  Every sane individual knows there is no "free lunch".  Every economic action has a reaction resulting in costs to someone or some group of people.  Essentially, liberals have made themselves the determinant element in who will pay for these wealth redistribution programs and who will receive the resulting benefits, without ever acknowledging who or which group will actually being paying for these "entitlement" or welfare programs. 

Liberals will never acknowledge that these welfare programs are transferring significant debts to future generations that will result in one of two outcomes.  Either the welfare program will go bankrupt or it will result in significant benefit reduction payments to recipients.  In either case, promised benefits will not be met and real people will suffer the consequences of these Ponzi scheme giveaways from the public treasury.

Spending other people's money and creating debt for future generations has no significance to liberals, since their concern is about seizing control over people to create their own elitist class to enforce servitude upon those who will be expected to pay for the creation of all these liberal Utopian pipe dreams.  

Remember this simple concept that liberals are always trying to achieve and it will make more sense in understanding their tactics engaged to achieve their strategic goals and objectives.  

It's all about control of people, which is anathema to individual liberty and freedom.  

The last thing liberals want is for people to be able to think for themselves and make decisions that are in their own best interests.  Liberals believe in the "collective" while they deny individual liberty and freedom, since these concepts challenge liberal dogma to control people, culture and society.

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