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Quote by John Stossel

“To finance 'entitlement' programs, the government threatens force against the taxpayers who provide the money. Why are people who favor compulsion called humanitarians, while those who favor freedom are stigmatized as greedy?”

Quote by John Stossel

Author

John Stossel
John Stossel

John Stossel, born on March 6, 1947, is an American journalist known for his distinctive interviewing style and advocacy of free markets. more

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“Is there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.”

“Government intervention in the economy - through taxes, regulation and, most importantly, currency inflation - causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression - wherein the entire sickly structure comes unglued.”