Learning about capitalism, in an engaging fun way; explained by a fun engaging young man trying to educate folks in a way they would like to learn. And enjoying every minute of being a part of the "new media"
Friday, June 03, 2005
Can solving economic problems be expensive?
Words such as "affordable" and "free" get used often by liberal politicians who demand some form of government welfare for the poor. That covers everything from "free healthcare" to "affordable housing". Now the question you should ask yourself concerning such ideas is, will more problems be created by the use of government intervention? So-called "free healthcare" is a good example. What happens to a doctor's office when they offer "free" services? They get clogged with so many people that you could wait months at a time to get to see the doctor; not to mention the fact that if you are a taxpayer the services aren't "free" at all. As for "affordable housing" you need not look further than our government housing projects. Ask the people who live there if they feel delighted to live in their environment. So we need to ask ourselves whenever a politician promises help from the government: " Could this eliminate one problem and create ten others?"
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Capitalism isn't the reason a coke bottle costs $3 today. Capitalism is the reason a coke bottle cost only 5 cents in the old days. G...
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Capitalism isn't just about making money. It's also about competition. When lots of people are trying to sell the same thing, the...