Wednesday, July 23, 2014

The High IQ of The Great Society

Via Billy

The High IQ of The Great Society

Maybe Lyndon Johnson really didn’t say what he was famously accused of having said about his welfare programs. I would hope so; given that if he were pursuing a bribes-for-votes strategy, then he has miserably failed. This is what typically happens when a welfare state discovers the fundamental economic paradox. From Wikipedia we can quickly learn that this problem is as follows: The economic problem is most simply explained by the question: “How do we satisfy unlimited wants with limited resources?”

We can further derive the following lemmas. A demand can only be temporarily satisfied and then perpetually reappears unless the people demanding are trained to handle it themselves. A welfare state produces virtually nothing on its own accord to satisfy any demand, so it has to steal someone else’s wealth or property to fulfill any demand. Finally, we can easily observe that people dependent upon a welfare state never develop the desire or the ability to cope with anything they don’t get made to. Literally anything. If you think I’m kidding, watch the YouTube below.

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