New Mexico’s Folk Song Army

New Mexico has its own version (subscription) of the Folk Song Army. Here is a sample of the hyperbole (good intentions notwithstanding) of the misguided rationale of redistribution:
“As long as the majority of our state’s children are living in or very near to poverty— without the basics they need today, and the hope of a better tomorrow— we will certainly be advocating for increased spending on education, health care, child care assistance and other essentials before tax cuts that benefit only upper-income earners. We believe in accountability to our children, as well as fiscal responsibility and sound policy making.”
As Arnold Kling points out:
“In short, the Folk Song Army believes that redistribution will cure poverty. The squares believe that market institutions will cure poverty. Most of the emotion seems to be on the side of the Folk Song Army. Most of the evidence seems to be on the side of the squares.”
I am one of those squares who are convinced that market institutions will cure poverty.

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.