Thomas Sowell

[GALTGULCH8]

http://coyoteprime-runningcauseicantfly.blogspot.com/2010/09/thomas-sowell.html

"The first lesson of economics is scarcity: there is never enough

of anything to fully satisfy all those who want it. The first

lesson of politics is to disregard the first lesson of economics."

- Thomas Sowell

Edited September 12, 2010 by gulch8

[9thdoctor]

There's a huge collection of Thomas Sowell columns here:

http://www.jewishworldreview.com/cols/sowell1.asp

No President of the United States can create either a budget deficit or a budget surplus. All spending bills originate in the House of Representatives and all taxes are voted into law by Congress.

Democrats controlled both houses of Congress before Barack Obama became president. The deficit he inherited was created by the Congressional Democrats, including Senator Barack Obama, who did absolutely nothing to oppose the runaway spending. He was one of the biggest of the big spenders.

The last time the federal government had a budget surplus, Bill Clinton was president, so it was called "the Clinton surplus." But Republicans controlled the House of Representatives, where all spending bills originate, for the first time in 40 years. It was also the first budget surplus in more than a quarter of a century.

Political Fables 9/7/2010

[anonrobt]

There's a huge collection of Thomas Sowell columns here:

http://www.jewishworldreview.com/cols/sowell1.asp

No President of the United States can create either a budget deficit or a budget surplus. All spending bills originate in the House of Representatives and all taxes are voted into law by Congress.

Democrats controlled both houses of Congress before Barack Obama became president. The deficit he inherited was created by the Congressional Democrats, including Senator Barack Obama, who did absolutely nothing to oppose the runaway spending. He was one of the biggest of the big spenders.

The last time the federal government had a budget surplus, Bill Clinton was president, so it was called "the Clinton surplus." But Republicans controlled the House of Representatives, where all spending bills originate, for the first time in 40 years. It was also the first budget surplus in more than a quarter of a century.

Political Fables 9/7/2010

Thanks - have several of his books, but not all by any means...

[DavidMcK]

Thanks for the quote, that's terrific. World history seems to be a seesaw between those two points of view.

"The first lesson of economics is scarcity: there is never enough

of anything to fully satisfy all those who want it. The first

lesson of politics is to disregard the first lesson of economics."

- Thomas Sowell

[9thdoctor]

"There is no such thing as life imprisonment without the possibility of a liberal governor being elected..."

http://jewishworldreview.com/cols/sowell092210.php3

Nice turn of phrase.