Tuesday, April 5, 2011

Quote of the Day

"The latest published data from the 2010 census show how people are moving from place to place within the United States. In general, people are voting with their feet against places where the liberal, welfare-state policies favored by the intelligentsia are most deeply entrenched. ... The movement of the black population -- especially educated young blacks -- is the most striking of all. ... In short, with blacks, as with other racial or ethnic groups, those with better prospects are leaving the states that are repelling their most productive citizens in general with liberal policies. ... Treating businesses and affluent people as prey, rather than assets, often pays off politically in the short run -- and elections are held in the short run. Killing the goose that lays the golden egg is a viable political strategy. As whites were the first to start leaving Detroit, its then mayor Coleman Young saw this only as an exodus of people who were likely to vote against him, enhancing his re-election prospects. But what was good for Mayor Young was disastrous for Detroit. There is a lesson here somewhere, but it is very doubtful if either the intelligentsia or the politicians will learn it." --economist Thomas Sowell

No comments:

Post a Comment