This has been an incredibly busy week: met with Macy, Annie, talked with Angela on the phone, and met with Sean in Orange County (Knotts and Downtown Disney). I wonder how busy next week will be!
Tuesday, February 05, 2013
Yesterday I read F.A. Hayek’s chapter on Social Security in the book, “The Constitution of Liberty.” In F.A. Hayek’s opinion, the only legitimate form of welfare benefit would be based exclusively on an objective form of minimal need just to live. Of course, in practice, our welfare state has grown to a point in which, as FA Hayek pointed out, a majority votes itself benefits from the minority who have to pay for it. As a result, welfare is not based upon supplying some objective minimal need, but rather, is based upon extracting as many benefits as possible.
I reject the welfare state entirely. One should not be compelled to be made a slave to another person.
Obama suggested that the federal government creates prosperity. Recently Obama said that “you can’t cut your way to prosperity.” This suggests that the federal government is the source of prosperity in America.