Category Archives: Quotations Freedom

If you are talking about working full-time, 50 or more weeks …

If you are talking about working full-time, 50 or more weeks a year, then there are more people doing that in the top 5 percent of households than in the bottom 20 percent. As Casey Stengel used to say, you can look it up. These are Census data, available on-line from the Current Population Survey, Table HINC-06…. It may not be a breakthrough on the frontiers of economics to say that work pays, but it does. Among households in the bottom 20 percent in income, there are more than 13 million people who do not work at all and fewer than 8 million who do work, counting both full time and part time workers. Thomas Sowell
May 2, 2003

Everyone’s a capitalist until socialism can save them from bad economic …

Everyone’s a capitalist until socialism can save them from bad economic decisions. People bought homes they couldn’t afford with loans they should never have received. Bailing out irresponsible lenders and borrowers in order to keep housing prices artificially high will only reward fools and punish future homebuyers. Joe Doser
US News, April 7, 2008