The Law of Unintended Consequences VideoThis video does a good job of explaining the unintended consequences of government programs that attempt to “solve” what is perceived as a problem, yet the solution causes more problems than it solves. I don’t know anything about the National Inflation Association which produced this video, so it isn’t an endorsement of them.
Hat tip to Mish. 3 comments to The Law of Unintended Consequences Video |
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wow just wow. i will agree about the housing bubble because i’ve seen that for years. i’m not going to comment on the wars. but i am going to comment on offshore drilling. anyone who say’s they are stupider for hearing this and sending me an immature video to drive that point home takes the cake. there is no safe way to get oil offshore. i don’t care what the government said about moving it back. it’s not safe, it kills marine life and affects the ecosystem. reminds me of the global warming thing. i’m not gonna say anything about cash for clunkers either. but NASA is doing a good job now with their CARE program of spraying the atmosphere with aluminum oxide and barium to keep in in the atmosphere to stop the sun from heating us up. i suppose its stupid to mention this also but what do you think the long term result of something like this is going to be. it’s really happening bring up nasa as a link or chemtrails. just wow.
I suppose I never gave student loans and tuition a lot of thought but, yes, the obvious effect of government loans would be ever increasing tuitions. No market forces to keep them in check. I would guess Social Security would have a similar effect on retirement offerings in the private sector. It may play into what a company is willing to provide in profit sharing or 401k plans. Employees would not be as demanding as they would without SS.
Thanks Jeff.