Two Pictures that Perfectly Capture the Rise and Fall of the Welfare State

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Jul 182011
 

These images are remarkably accurate.

The welfare state starts with small programs targeted at a handful of genuinely needy people.

But as politicians figure out the electoral benefits of expanding programs and people figure out the that they can let others work on their behalf, the ratio of producers to consumers begins to worsen.

Eventually, even though the moochers and looters should realize that it is not in their interest to over-burden the people pulling the wagon, the entire system breaks down.

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Story Of The Day – The Election

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Jul 152011
 

The kids in the neighborhood held an election. The grownups were astonished that a four-year-old had been elected president.

“That boy must be a born leader,” one dad observed. “How does it happen that all you bigger boys voted for him?”

“Well, you see, Dad,” one boy replied, “he cannot very well be secretary because he does not know how to write. He would not do for treasurer because he is not able to count. He would never do for sergeant-at-arms because he is too little to throw anybody out. If we did not choose him for anything, he would feel bad. So we made him president.”