Milton Friedman explains why bad government programs never die 👇

Timeliness advice... I love this

Give the government an inch and they take the whole property. And there are no give backs, no undos, no reset. Imminent domain works in one direction. Once the government is given a power it will fight like hell to retain that power always.

Still stands true.

A simple explanation of how we got $38 trillion dollars in debt.

Such a simple while precise view about the estate bureaucracy permanence…absolutely true

The late, great Milton Friedman. His knowledge is part of a potent antidote to what currently ails us. Combine his expertise with Ron Paul’s and we could truly make America great again.

Why every couple of centuries we need a hard reset.

Friedman was right; some bad ideas persist long past their expiration date.

Yet, he was as ignorant of what money is as we are still- he didn’t realize that genuine money has only one source: private purchase where value is exchanged. He held to the common notion that government can issue money- it never has and never will, it can only issue mock money. This is why he mistakenly blames government. In fact, we’re the problem until we awaken to our inherent money power.

100% de acuerdo

Bitcoin is the peaceful revolution.

That’s why you rarely see layoffs in government. They just keep taxing the people and increasing in size.

This will include net zero!

@LPNational Milton Friedman explained this perfectly: Programs that spend other people’s money never die. Foreign military aid is no exception - if it had to meet real ROI standards, it would’ve been reformed decades ago.

Yes absolutely 💯

👍👍👍👍

Obamacare …

He won the. Nobel Prize for Economics in the 1970s - so He should know what He was talking about !

Except he's wrong. The whole economy is built on the idea of business being able to keep pay so low; their employees desperate & dependent on medicaid, food stamps, and public housing.

@elonmusk learned this elusive lesson first-hand with DOGE. Please don’t give up, we must keep fighting big government or we’re sunk.

Same for all the NGOs.

So true.

I'm sure that in the entire history of the human race some bad government programs have died. Perhaps not as many as should. But beware the mangled editing and half-truths of Milton Friedman! lol

Support please

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Milton Friedman: la chose la plus difficile au monde est de se débarrasser d'un programme gouvernemental, quelle que soit son inefficacité

@kann

A ver cuándo alguien cuestione el P5.

so a major issue is to educate the population so they understand how the govt works/does not work don't think this will happen with dumb teacher's unions teaching kids

Not a single government has your wellbeing as their priority

Brilliant!!