Thomas Sowell: The Poverty Empire

In this rare, exclusive Free To Choose Network video, Thomas Sowell asks politicians to look at the consequences (not intentions) of legislation designed to help the poor -- especially the black poor. His admonition still holds today. Why, because bills create incentives. And incentives matter.

Category:

Nonprofits & Activism

Tags:

• welfare state
• Thomas Sowell
• unintended consequences
• poverty
• poor blacks
• welfare reform
• incentives

[ASAT225]

@comptonproduction What makes Tom Sowell a sellout?

[comptonproduction]

I THINKS THAT BLACKS IN THE HOOD.WANT TO HAVE A BETTER LIFE FOR THEMSELVES. BLACKS ARE STIGMATIZES BY WHITES, AND ARE ALSO OPPRESSED. UNCLE TOM SOWELL IS A SELLOUT.

[OthelloCarmellow]

@comptonproduction

"Dur! Black people in the ghetto are too stupid and helpless to change their situation! The fact that you think differently Thomas Sowell makes you and uncle Tom!"

Requote: "Makes YOU an uncle Tom..."

Are you FUCKING kidding me?

[comptonproduction]

This this idiot say that He wanted the Boys in the Hood to come up with their own program to uplift themselves out of the ghetto. That's just like asking a blind man to tell me the time. If the knew how to uplift themselves they wouldn't be in poverty. Uncle Tom Sowell is so pathetic. He wasted all his money on college. Did he pay for his College education or did he get welfare.

[comptonproduction]

He's the only disadvantage negro in this room. mental disadvantage.

[AndroidPolitician]

@H1TMANactual

2/2

3. It implemented single-payer, aka Canadian healthcare. Do you think Adam Smith would of been for that or would have called that a "market"?

Just face it, no amount of herp derps, calling people cunts will change the fact that healthcare outcomes flourished after they eliminated the market.

[H1TMANactual]

@AndroidPolitician ...contd...(2/2)

GDP measure includes govt spending there Einstein, obviously it will be lower after govt collapse. Herp derp!

3. Taiwan didn't "eliminate market" you illiterate cunt. All services are still provided by the market, govt just subsidizes it. And their system is actually in the red, and they actually had to implement co-pay to prevent abuse. Herp derp. Please insert a coin and try again. Rename yourself to Mr. Wrong.

[H1TMANactual]

@AndroidPolitician Wrong on all counts.

1. There were retalliations in response from other countries resulting in a 61% drop in exports in one year. Derp!

2. After the collapse of Somalia's socialist govt:

Life expectancy - higher

Access to health care facilities - higher

Infant mortality - lower

Civil liberties - more

Extreme poverty - lower.

[AndroidPolitician]

@H1TMANactual

3. Why didn't single payer make their healthcare worse?

Seriously if markets are the best thing ever, then how come, Taiwan, the process of eliminating markets in favor of single-payer, make their healthcare system better?

[AndroidPolitician]

@H1TMANactual

No they would also need to invest vast amounts into industry and steal and implement patents like the US did early on. Smoot Hawley came in when the US already industrialized and not even Milton Friedman thought it created unemployment or "slid us into depression."

2. Bahahahaha are you fucking stupid? Somalia's GDP per capita was higher in 1975 than today and living standards plummeted during the government collapse.

(Cont.)