The Great Merit Of Gold Is Precisely

If There Is To Be No Loss Whatever Of Dignity Or Self-respect In Getting And Staying On Relief, Then There Can Be No Gain In Dignity Or Self-respect In Makings Some Sacrifices To Keep Off.

The State, Of Course, Is Absolutely Indispensable To The Preservation Of Law And Order, And The Promotion Of Peace And Social Cooperation. What Is Unnecessary And Evil, What Abridges The Liberty And Threatens The True Welfare Of The Individual, Is The State That Has Usurped Excessive Powers And Grown Beyond Its Legitimate Function - The Super-state, The Socialist State, The Redistributive State, In Brief, The Ironically Misnamed 'welfare State.'

Practically All Government Attempts To Redistribute Wealth And Income Tend To Smother Productive Incentives And Lead Toward General Impoverishment.

Government Welfarism, With Its Ever-increasing Army Of Pensioners And Other Beneficiaries, Is Fatally Easy To Launch And Fatally Easy To Extend, But Almost Impossible To Bring To A Halt - And Quite Impossible Politically To Reverse, No Matter How Obvious And Catastrophic Its Consequences Become.

More And More People Are Becoming Aware That Government Has Nothing To Give Them Without First Taking It Away From Somebody Else-or From Themselves. Increased Handouts To Selected Groups Mean Merely Increased Taxes, Or Increased Deficits And Increased Inflation.