“In 1871 the city of Chicago burned to the ground. There was no FEMA or large federal funding to rebuild it. Instead, the people of Chicago rebuilt their own city and in short order it soared to new heights.
In 1906, after a major earthquake, the city of San Francisco also burned down. There was no FEMA or large federal funding to rebuild it. Instead, the people of San Francisco did it themselves and the city was soon restored.
In 2005 a large part of the city of New Orleans was destroyed when a levy, designed, built, and maintained by government, proved inadequate to protect against a hurricane that was far from the worst that could have struck the city. Private Citizens and businesses such as Wal-Mart rushed to the city’s aid, but were largely blocked by federal officials. FEMA and large federal funding were there to rebuild the city, but today much of New Orleans still lies in ruins.
We see the evidence all around us, where government seeks to help, harm often follows. Education, food, energy, and medical care are all areas where the government alleges it helps you, but all are areas where prices are rising faster than in other sectors.
Government doesn’t work, because government has no incentive to succeed. Instead, government prospers by failing — constantly gaining new power and resources because of the crises it creates.
Meanwhile, we see companies like Wal-Mart working effectively to lower the cost of prescription drugs, and Walgreens is opening discount medical clinics in thousands of their stores to lower the cost of routine health care. We see home schoolers providing vastly better academic results. And we see private innovation that will lower the cost of energy and protect the environment . . .”
– Posted by Spaldam