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Quote by Kenneth Rogoff

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Kenneth Rogoff
Kenneth Rogoff

Kenneth Rogoff is a renowned economist currently serving as a professor at Harvard University's Kennedy School of Government. He has extensive research and influence in the fields of international finance, monetary policy, and macroeconomics. more

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“Most Americans living below the official poverty line own a car or truck - and government entitlement programs seldom provide cars and trucks. Most people living below the official poverty line also have air conditioning, color television, and a microwave oven - and these too are not usually handed out by government entitlement programs. Cell phones and other electronic devices are by no means unheard of in low-income neighborhoods, where children would supposedly go hungry if there were no school-lunch programs. In reality, low-income people are overweight more often than other Americans.”

“It's a peculiar thing about liberals. When it comes to middle-class people who are fully capable of caring for themselves, liberals seek to undermine their independence in every way possible. With seductive 'entitlements' like guaranteed retirement, health care, nutrition, education, and jobs, liberals attempt to lure the middle class into dependence on the state. But when it comes to those who are truly incompetent, those whose mental afflictions render them unable to manage their lives at all, liberals are suddenly transformed into absolutists for personal autonomy.”

“I can remember the time when, if we wanted a house or housing, we relied on private enterprise. In fact, Americans built more square feet of housing per person than any other country on the face of the earth. Despite that remarkable accomplishment, more and more people are coming to believe that the only way we can have adequate housing is to use government to take the earnings from some and give these earnings, in the form of housing, to others.”