Anything you subsidize, you get more of.
That's it. I should end the thread right here and walk away. If you subsidize something, more and more people will try to take acquire the subsidy. OK, you might say, that makes sense, but so what? Water is wet. Why is this an important concept?
It's an important concept because once you understand it, it becomes crystal clear thatgovernment "aid" programs MUST always fail at their stated purpose. Last week, we discussed how the greatest government power is the power to spend. It's really the only tool in their toolbox. Yes, they can throw you in jail, but after they do that, then what? They have to spend money to feed and house you, and you can't throw everybody in jail. The only way a government can "aid" anyone is to spend money, and as soon as government does that, people or organizations move to capture the money being spent. Here's an example: Starting in the mid-60s, government moved to "aid" single women with children. A noble goal, you might claim, and you might even be right, but what has happened to the illegitimacy rate since then? In 1964, 8% of children born to whites in the US were illegitimate, it was 26% among blacks. In 2012 those rates had risen to 30% and 72% respectively. Now, government aid is hardly the only factor contributing to the explosion of illegitimacy in this country, social mores have changed drastically as well, but a case can be made that a large factor in the social change was driven by the presence of government aid.
Very interesting read...