"The trouble with socialism is that you eventually run out of other people's money" --Margaret Thatcher
...that is all.
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The real trouble with socialism is that when you take money from one person and give it to another you don't produce anything and you remove the incentive for both people to work. In other words socialism doesn't redistribute wealth, it destroys it. Everyone ends up worse off than they were before.
ReplyDeleteI heard another great quote the other day, can't remember the gentleman's name but he said...
ReplyDelete"Socialism is where successful countries go to die..."
The elephant grave yard for countires perhaps?Thought it was clever.