Other People’s Money
Obamacare, Socialism in America, Running out of other people's money
By Daniel Greenfield —— Bio and Archives--August 11, 2009
American Politics, News | Comments | Back To Full Article
The debate over ObamaCare has also once again raised the debate over socialism in America. Its proponents argue that their plans are a social safety net that will coexist with the free market, that unfortunately is wrong, because socialist systems are parasitic on the free market. Think of a pumping system fueled by water, that pumps water out of a bucket and then redistributes half of it back into the bucket. The system will sooner or later run out of water. Or in Margaret Thatcher's words, "The problem with socialism is that eventually you run out of other people's money."Welcome to CFP’s Comment Section!
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