Here are 5 sentences that Mr. Obama should read every morning and commit to action. Indeed, every politician lesser than him should read them also. Timothy Geithner might want to read them twice a day.
1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it!
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
English common law has a principle/fable called The Tragedy of the Commons. Our politicians need to understand it better.
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