Broke? Blame the bank

posted by
April 7, 2011
The Orange County Register
by Thomas Sowell  
Posted in Commentary, PND Commentary

"When someone gives you a check and the bank informs you that there are insufficient funds, who do you get mad at? In your own life, you get mad at the guy who gave you a check that bounced, not at the bank. But, in politics, you get mad at whoever tells you that there is no money. One of the secrets of the growth of the welfare state is that politicians get a lot of mileage out of making promises, without setting aside enough money to fulfill those promises." (04/06/11)  

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