Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Millions of individuals making their own decisions in the marketplace will always allocate resources better than any centralized government planning process.
There are many well-meaning people today who work at placing an economic floor beneath all of us so that no one shall exist below a certain level or standard of living, and certainly we don't quarrel with this. But look more closely and you may find that all too often these well-meaning people are building a ceiling above which no one shall be permitted to climb and between the two are pressing us all into conformity, into a mold of standardized mediocrity.
I have only one thing to say to the tax increasers: Go ahead, make my day.
Balancing your budget is like protecting your virtue. You have to learn when to say no.
We can't build a safer world with honorable intentions and good will alone. Achieving the fundamental goals our nation seeks in world affairs - peace, human rights, economics progress national independence and international stability - means supporting our friends and defending our interests.
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