Monday, November 10, 2008

How would you feel if the 401(k) savers were 'the rich', and 'the UAW members' the poor?

Would you want Robin Hood to come along and 'fix' things?

No, me neither. We should provide equal opportunities to be responsible, and then fight the temptation to reward/incent/subsidize irresponsibility.

UPDATE: Mark Perry and Art Laffer asking similar questions.

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