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The Reverse Midas Touch of Government

drrisk2 Wrote: Jan 07, 2013 2:55 PM
The first SS retiree received benefits for 23 years. She and her employer paid in a grand total of $25. SS is nothing but a tax scheme, always has been.

Since I’m an out-of-the-closet libertarian, it goes without saying that I’m not favorably disposed to government intervention. As far as I’m concerned, Washington’s an inherently corrupt town filled with people seeking unearned wealth.

But even if I didn’t have any underlying philosophical or moral principles, I think I would still favor small government.

Why? Because just about everything government does turns into a bloody cluster-you-know-what, so there’s also a utilitarian case for libertarianism.

I discuss the reverse Midas touch of government with John Stossel.

The theme of Stossel’s show, by the way, was looking at how...