Monday, May 28, 2012

What's bad for the goose...................

From the Privatization Blog:
Even from a conservative, free-market perspective, 
government subsidies for businesses distort markets, 
foster monopolies, undermine competition, and reduce 
efficiency.  The same complaints that business advocates 
make about the welfare system apply to government 
programs to help businesses - the vicious cycle of 
dependence, the lack of incentive to work hard or face 
difficult choices, the inevitable favoritism (some businesses 
get taxpayer subsidies, others miss out, and those that do 
have an unfair advantage over competitors who might 
otherwise win in a free marketplace).  It has a chilling 
effect on market-driven innovation, improvements in 
efficiency, or "creative destruction." 


thanks warren

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