Government Can't Give Us Anything Without Depriving

The Only Way Government Bureaucrats Know Of Keeping Prosperity Going Is To Inflate Some More - To Increase The Deficit Or To Pump More Money Into The System.

A Day Never Passes Without Some Ardent Reformer Or Group Of Reformers Suggesting Some New Government Intervention, Some New Statist Scheme To Fill Some Alleged 'need' Or Relieve Some Alleged Distress.

The Proposal Is Frequently Made That The Government Ought To Assume The Risks That Are "too Great For Private Industry." This Means That Bureaucrats Should Be Permitted To Take Risks With The Tax Payer's Money That No One Is Willing To Take With His Own.

There Are Men Regarded Today As Brilliant Economists, Who Deprecate Saving And Recommend Squandering On A National Scale As The Way Of Economic Salvation; And When Anyone Points To What The Consequences Of These Policies Will Be In The Long Run, They Reply Flippantly, As Might The Prodigal Son Of A Warning Father: 'in The Long Run We Are All Dead.' And Such Shallow Wisecracks Pass As Devastating Epigrams And The Ripest Wisdom.

The Mounting Burden Of Taxation Not Only Undermines Individual Incentives To Increased Work And Earnings, But In A Score Of Ways Discourages Capital Accumulation And Distorts, Unbalances, And Shrinks Production.