Tuesday, August 31, 2010

CORRUPTION IS A ZERO SUM GAME

Most people are honest, some are not.
Most people in private industry are honest, some are not.
Most people in the government are honest, some are not.
Corruption among the public and private sectors is a zero sum game.
Government agencies formed to stop corruption in private industry do not decrease corruption they simply shift it from the private sector to the public sector.
The resources taken in the form of taxes from private citizens in order to fund the new government agency shifts workers and money from private industry to government, with no net change in the total amount of corruption.
Examples of corruption in private industry are many and well known.
Examples of corruption in government are equally as many.
Resources spent on bureaucracies are generally non-productive while resources spent in private business are generally productive.
As resources are increasingly shifted from the private to the public sector, the economy stalls ever more.

1 comment:

  1. What sound economic principles....yet the current administration is hell bent on moving private resources to the public non-productive trough....classic example the IRS is an absolute non-productive agency effectively tax cops....yet BHO wants to substantially increase this agencies duties as medical insurance cops.....great work Dem's.

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