American Elephants


Congress Has No Money of Its Very Own. by The Elephant's Child
May 6, 2010, 12:18 am
Filed under: Capitalism, Economy, Taxes, The Constitution | Tags: , ,

From Economist Dr. Walter Williams:

“For Congress to guarantee a right to health care, or any other good or service, whether a person can afford it or not, it must diminish someone else’s rights, namely their rights to their earnings.  The reason is that Congress has no resources of its very own.  Moreover, there is no Santa Claus, Easter Bunny or Tooth Fairy giving them these resources.  The fact that government has no resources of its very own forces one to recognize that in order for government to give one American citizen a dollar, it must first, through intimidation, threats and coercion, confiscate that dollar from some other American.  If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.”

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