Milton Friedman & Thomas Sowell vs. A Welfare Administrator

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Common Sense Capitalism

Common Sense Capitalism

13 жыл бұрын

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@evaadams4243
@evaadams4243 5 жыл бұрын
Welfare woman: "I'm not making them have illegitmate children. Ah, I hope that's clear." Thomas: "Oh, you don't have to do that. You simply SUBSIDIZE it."
@gacituaiaf
@gacituaiaf 4 жыл бұрын
This is so TURN DOWN FOR WHAT!!!!
@SandfordSmythe
@SandfordSmythe 2 жыл бұрын
Starve the little brats.
@williamweigt7632
@williamweigt7632 Жыл бұрын
BOOM!
@LonestarEventPro
@LonestarEventPro Жыл бұрын
Conservatives- It's better to have children starve or sold into adoption rather than subsidize it. Please subsidize my business. godless.
@SandfordSmythe
@SandfordSmythe Жыл бұрын
Clinton had reformed the laws on these to make things tougher in several ways. I'm not a big expert in this area but I sure most commenters know very little about the rules and regulations.
@thomasjoyce7910
@thomasjoyce7910 7 жыл бұрын
'Does your program plan to eliminate there being a bottom 20%?" I love Thomas Sowell.
@myroseaccount
@myroseaccount 6 жыл бұрын
Or the bottom 99%.
@shivam.maharshi
@shivam.maharshi 4 жыл бұрын
That was so savage! 😂
@Ignasimp
@Ignasimp 2 жыл бұрын
She is so dumb lol there will always be a bottom 20% no matter what you do.
@tcskips
@tcskips 2 жыл бұрын
Then she said “no”, at which point I had to ask myself “what’s the point in welfare then?”
@thomasdavenport8893
@thomasdavenport8893 2 жыл бұрын
They plan to eliminate the bottom 20% through abortion
@Delorian82
@Delorian82 10 жыл бұрын
Sowell and Friedman in one room. How did the universe not explode?
@SeraphsWitness
@SeraphsWitness 3 жыл бұрын
I always thought it was a bad idea. It's like the President and his VP, you have to keep them separate for national security reasons. lol
@thomasdees314
@thomasdees314 10 жыл бұрын
This is glorious. Sowell and Friedman in one video together? MY God, that poor woman never had a chance.
@SupaNami
@SupaNami 10 жыл бұрын
***** Agreed!! The Truth has no agenda!!! Compulsive liar's do have an agenda!! This lady is really fucking stupid and shouldn't have been Secretary of Welfare in PA. Or, she's just a clueless clown that has no Idea how economics work!! Helen Bohen O'Bannon!!! You're a fucking Moron!! She's a Progressive, just like that Miss. Stupid from Ca. Nancy Pelosi!! She (Nancy Pelosi) and her husband... inside trade like crazy!!! They make millions doing it ... it's legal for her .. but if we (simple people, hard working people) do it, it's illegal for us!! HAHA crazy like a fox... I know right!! Progressive's are nothing but a tyrannical class of people!! Racist set of people!! They're the KKK!!! They've thrown away the ropes and wipes for giving other peoples money away to them ....to get a Voter base!! Why kill them ... when you can make sheep of them and have them do your bidding!! It's a disgrace how they use and abuse the black race, like a damn dog!!!... they're doing it to the Indians again.. sry!! Truth hurts!! .. The Mexican's coming to look for Jobs' sell drugs, and other shit!! Are Indians!! The one's controlling the Drugs, gun's (supplied by the US Gov. by Eric Holder) are from Spaniard people!! White Europeans!! They "Mexicans" just want to escape their problems ... only to be a problem... they bring in corruption .. we have enough of corruption in the White House!!! Don't need anymore ...
@blooddiamond93
@blooddiamond93 6 жыл бұрын
Ha ha! She certainly didn't.
@TheReaper569
@TheReaper569 6 жыл бұрын
my thoughts exaclty, They should have been kept apart, when 2 masters like these come together bounds of the universe start to shake.
@chriselias1521
@chriselias1521 5 жыл бұрын
If only you can build a time machine and add Ben Shapiro and Charlie Kirk.
@miked2513
@miked2513 5 жыл бұрын
@@chriselias1521 Don't mock Friedman or Sowell with such dribble.
@nickvery9283
@nickvery9283 10 жыл бұрын
I actually laughed out loud when Sowell sarcastically asked if there was not yet a program to eliminate the bottom 20% of a group, because that is a mathematical impossibility. And yet that's exactly what she's asking for! Haha too funny
@desultorydilletante4120
@desultorydilletante4120 3 жыл бұрын
Nick, She answered No to his question. I believe she was trying to say that she wanted the income of the population in the lower 20% to increase. This would imply that the rest of the population's income would also increase. I believe it is close to Reagan's (or Freidman's) "a rising tide lifts all boats." DD
@SeraphsWitness
@SeraphsWitness 3 жыл бұрын
@@desultorydilletante4120 Yea the problem is, the income for the bottom 20% HAS been increasing over time. The quality of life for the bottom 20% in America exceeds that of much of the middle class in Europe, in fact. People just compare themselves to others. The only reason they think they have it so bad is because they're looking at how good others have it. It's purely based on envy and selfishness.
@Kingx90
@Kingx90 2 жыл бұрын
I didn’t catch that. Good eye, lol.
@Kingx90
@Kingx90 2 жыл бұрын
@@desultorydilletante4120 it is not governments job to raise their income, it is their job. But there will always be a percentage of society that lacks the ambition to make that happen. Not everyone deserves to thrive.
@gc2696
@gc2696 2 жыл бұрын
Welfare maths work to distribute misery so EVERYONE will be " bottom 20% ".
@DrCruel
@DrCruel 10 жыл бұрын
Cutting welfare overnight would be a disaster. Thousands of wealthy government employees would lose their lucrative incomes, benefits and pensions. Politicians would be stuck with millions of Section 8 hovels that are unrentable. Worse of all, the Democrats would lose control of a huge captive voter pool that has been the key to their electoral success for decades. Poverty is inevitable. Government programs make it so, and by design.
@ChannelMath
@ChannelMath 9 жыл бұрын
what you're implying is a conspiracy. is there any evidence?
@DrCruel
@DrCruel 9 жыл бұрын
Conspiracies are assumed to be hidden. This is way out in the open. Go to any employee parking lot at a welfare office. Go to any slum and find out how many Section 8 apartments are run by corporations owned by prominent politicians. Compare how welfare program employees live by comparison to the people they "serve." One favorite trick is to dramatically raise property taxes in a neighborhood that politicians want to own. The locals either pay the taxes (great) or fall behind, in which case a tax lien is put on the property. Eventually the property is seized and sold at an auction only a few people know about. The property is laundered through a law firm, then sold on the cheap to political friends. When enough of the properties have been seized, they're converted to Section 8 housing.
@ChannelMath
@ChannelMath 9 жыл бұрын
i was talking about the laws themselves
@DrCruel
@DrCruel 9 жыл бұрын
The laws mandating a monopoly public school system would be a good start. Ruthless legal attacks on any threat by charters or vouchers to the present union controlled system. The AFT putting pressure on Obama to end a popular DC scholarship program, because the funds go to better performing charter schools. You'd think all the empirical evidence of increasingly affluent government employees and increasing numbers of unemployed and poor people in the private sector would be worthy of consideration. Like I said, it's not like any of this is hidden. It's not conspiratorial - it's simply where top-down paternalistic policies will invariably take us. No secret about it. Dr. Friedman explained it far more eloquently and thoroughly than I ever could.
@ChannelMath
@ChannelMath 9 жыл бұрын
no. you said that the laws are designed to create poverty. That clearly would have to be hidden and thus a conspiracy (which is part of the definition of conspiracy, fyi). where is your evidence?? do you have bugs in politicians of welfare administrators phones?
@jamesw1659
@jamesw1659 2 жыл бұрын
I notice one thing in particular: The bleeding-heart social worker, although I think she is completely wrong, is still quite articulate, and makes coherent arguments, even throwing in a few statistics here and there. Contrast that with the liberal whack jobs of today who can't make a rational argument to save their lives. I sure miss the days when intelligent people could have rational debates without devolving into a shouting match.
@michaelkraus4135
@michaelkraus4135 Жыл бұрын
That is because she is a '' CLASSIC LIBERAL'' that HAD tolerance ,without MELTING DOWN !
@Seldomheardabout
@Seldomheardabout Жыл бұрын
Some of us are concerned with nothing but bringing that back.
@LonestarEventPro
@LonestarEventPro Жыл бұрын
You pretend conservatives make a rational argument. You rule on pain and suffering, with prison as a solution. Liberals can simple show that every other nation has created huge success in solving homelessness, addiction, gun violence, lower teen pregnancy rates, voting rights while conservatives continually wet themselves and cry issues are unsolvable.
@frankd7905
@frankd7905 Жыл бұрын
I really think we want the same thing. The question is how we get there. BIG GOVERNMENT proponents think that governments have all of the answers and the rest of us leave it to the "priofessionals." small government thinks that communities can take care of things themselves. I believe in government oversight but not government CONTROL. Don't expect someone to understand things when their job depends upon them not understanding it.
@chucklesthered2338
@chucklesthered2338 Жыл бұрын
@@frankd7905 Big government is never the right answer. Unless of course you want to be a subject, not a citizen.
@nateo200
@nateo200 6 жыл бұрын
I love how Milton is sitting there deciding whether to keep eating his popcorn or jump in! I love Sowell and Friedman both!
@brettldouglas
@brettldouglas 2 жыл бұрын
Sowell was doing just fine without him!
@sirscrotum
@sirscrotum Жыл бұрын
Hes quite the Sophist, he has clever but fallacious arguments.
@missinterpretation4984
@missinterpretation4984 Жыл бұрын
I’m glad Milton mentioned charity because that’s how those in bad situations should be helped and then there’s humility and appreciation. When it’s government benefits they just feel entitled.
@drzerogi
@drzerogi 8 жыл бұрын
I couldn't imagine trying to debate against Thomas Sowell and Milton Friedman.
@joeashbubemma
@joeashbubemma 8 жыл бұрын
I'd break down in tears.....I'm glad I'm on their side.
@drzerogi
@drzerogi 8 жыл бұрын
joeashbubemma That makes two of us
@Godzilla52
@Godzilla52 7 жыл бұрын
I think maybe you could debate them if you agree'd on all of the fundamentals, but disagreed with certain aspects of their points. Like if you agreed with Friedman that Reagan's tax cuts or the monetary reform conducted under his government was a good thing, but that the government spending and his deregulation of the financial sector were greatly harmful towards the economy etc. Although yeah, If you disagreed with them on the fundamental principles and attempted to debate them, any of us commenting here would get decimated by either one of them.
@TheChrisneitoffer
@TheChrisneitoffer 7 жыл бұрын
wat Friedman and Sowell are against the FED?
@GamingLoadown101
@GamingLoadown101 7 жыл бұрын
conspiracy nut, do your research!
@roar91328
@roar91328 7 жыл бұрын
i love how thomas sowell sits forward and looks just ready to destroy her argument and does it politely and concisely.
@jetydosa1
@jetydosa1 9 жыл бұрын
Subaru driving, Birkenstock wearing panelist: "I'm not encouraging them to have illegitimate children" Thomas Sowell, resident genius: " You don't have to encourage that, you're subsidizing it"
@charlesterrizzi8311
@charlesterrizzi8311 6 жыл бұрын
Gary H the man was lightning quick with those responses
@perfectDOE
@perfectDOE 5 жыл бұрын
The debate should've ended there!
@potatoradio
@potatoradio 2 жыл бұрын
Piven is the co-writer of (Cloward-Piven strategy - Marxist plan to cause a revolution and overthrow democracy - capitalism)
@MrSanford65
@MrSanford65 10 жыл бұрын
I find it amazing the idea that after 10,000 years of evolution, we've discoverd that human beings cant survive without welfare
@shivam.maharshi
@shivam.maharshi 5 жыл бұрын
Lol so true!
@Cryuff4
@Cryuff4 5 жыл бұрын
Smiled at this.
@louvisconti9583
@louvisconti9583 3 жыл бұрын
One of the wisest things said from all comments! Thanks Donza! 10/4/20
@Strauss-
@Strauss- 3 жыл бұрын
Truly, in nature, animals have a great life. Thinking something that is not found in nature is necessary for consistent, happy survival is scandalous indeed.
@MrSanford65
@MrSanford65 3 жыл бұрын
@@Strauss- excellent point in this era of Amazon and online shopping . And the lockdown is a great microcosm because as we become more insulated from nature, desire itself becomes insulated and separated from survival and takes on a life of its own that can feed off itself to -infinity
@reuvenpolonskiy2544
@reuvenpolonskiy2544 7 жыл бұрын
LOL look at Milton Friedman smile on 2:30, He just knows he is about to see a master strike from the magnificent Thomas.
@supahsekzy
@supahsekzy 11 жыл бұрын
2:57 Welfare Admin: "I'm not making them have illegitimate children. I hope that's clear." Tom Sowell: "You don't have to do that. You simply subsidize it." OWNED
@Ringofire280
@Ringofire280 8 жыл бұрын
Intellectual titans among men.
@radiantjet418
@radiantjet418 10 жыл бұрын
Welfare is ment to only be temporary! Not a long term solution which a majority of the population has come to be dependent on. Now we have generations of people who are welfare dependent . How is this good for a economy? All this did was make people LAZY! We need to make a push to focus back on rebuilding the family and having a moral base again. But I am afraid that is lost to us now. because it's not "popular" or "politically correct" to think that way anymore.
@clemep
@clemep 10 жыл бұрын
thank you...you speak the truth...if only the young people today could understand...
@radiantjet418
@radiantjet418 10 жыл бұрын
***** What language are you speaking?
@JohnnyBoyCali
@JohnnyBoyCali 9 жыл бұрын
ha ha its not about "rebuilding the family". Most of these are NOT "single family homes". Its all a big lie.Most of these women know that to qualify for all these benefits they have to say they're single so they avoid official marriage but their babies daddies and boyfriends still come over and most of the time live with them.
@radiantjet418
@radiantjet418 9 жыл бұрын
JohnnyBoyCali Ummm did you read the WHOLE comment and not just part of it? Don't you think I already know this? Also plz read the whole statement before replying. You would see what I really said. What you think I said? Welfare rebuilds family's??? It's a cancer on society!
@JohnnyBoyCali
@JohnnyBoyCali 9 жыл бұрын
rAdiant Jet i read the whole thing and even though we agree on most things some of your statement is incorrect. Its a fallacy that these are broken homes and that we have to rebuild anything. Most of these are homes with a mother on welfare and a boyfriend with a job. The woman just puts shes single for ever and gets an extra paycheck.
@CocoXLarge
@CocoXLarge 7 жыл бұрын
Sowell + Friedman VS X. If this isn't inequality I don't know what is.
@noah.millsss
@noah.millsss 6 жыл бұрын
FreeSheep Thomas Sowell, Milton Friedman, and Ludwig Von Mises vs. Karl Marx jk Marx wouldn't agree to be rape
@globalspiritualrevolutionmedia
@globalspiritualrevolutionmedia 6 жыл бұрын
Milton Friedman and Thomas Sowell are absolute Great Patriots & Great Americans.
@ToLazy4Name
@ToLazy4Name 7 жыл бұрын
Favorite part is the camera occasionally panning over to show Friedman laughing.
@earthwax7946
@earthwax7946 3 жыл бұрын
Milton silently watching Sowell and smiling is great
@daviddeiss3073
@daviddeiss3073 9 жыл бұрын
I've never seen Mr. Sowell attending the fancy dinners in White House... I don't even think he is welcome in there...
@jamaaldaynitelong8367
@jamaaldaynitelong8367 8 жыл бұрын
He probably knows the stench would would drive would crazy.
@YManCyberDude
@YManCyberDude 8 жыл бұрын
12% . . . . My how times have changed . . . .
@MorphingReality
@MorphingReality 7 жыл бұрын
all that affirmative action
@YManCyberDude
@YManCyberDude 7 жыл бұрын
If you subsidize a problem you will grow that problem . . .
@MIT2004
@MIT2004 7 жыл бұрын
YManCyberDude I'll go with "if you subsidize something, you get more of it."
@carlosgambettaucanimados
@carlosgambettaucanimados 7 жыл бұрын
the efficiency of the government.
@yoonjeongsoo9378
@yoonjeongsoo9378 7 жыл бұрын
Honestly, a great question asked by the administrator. Everyone has a default state of mind like she does. An even better answer by Sowell that her narrative starts in the middle of the story.
@ZFlyingVLover
@ZFlyingVLover 9 жыл бұрын
Why couldn't those women keep their legs closed? Sure it takes two to tango BUT ultimately if you're the one that gets stuck with the kid then maybe you should act more like an adult to preserve your future. Don't screw around with men that don't even have the vaguest desire to support their progeny. Why should I have to pay for your mistakes?
@jaelynnzee9091
@jaelynnzee9091 8 жыл бұрын
+ZFlyingVLover Why don't men STOP pressuring women? That happens all the time and you are clueless. Why don't men be fathers? b/c all they care about it sex. This is a problem with men, not women. Also a problem with lack of birth control in the Bible belt. Provide avenues for contraception and sex education and teen births will go down. Teach kids how hard it is to raise decent human beings and much will change.
@ICEGTN
@ICEGTN 8 жыл бұрын
+jaelynn zee women have multiple options: keep their legs closed (I know, very difficult for women), use a female condom, use the pill, abort, put up for adoption. Btw the Bible does teach to abstain from sex unless in a stable marriage (sex education) but people don't like that.
@shtony2717
@shtony2717 8 жыл бұрын
+Luca Fuoco I agree, even if a man pressures a woman (and women especially pressuring other women to have sex with a man) make the choice. Nothing is forced in life, everything is a choice.
@ZFlyingVLover
@ZFlyingVLover 8 жыл бұрын
Carol Danvers Abortion is a 'convenient' response to lack of planning. Repeated abortions is a wonton reckless abuse to lack to planning. I shouldn't have to bail out people who refuse to make the minimal effort to plan for contraception because they need to save their pennies to buy gum, cigarettes, booze and drugs so they can have fun while having sex.
@ZFlyingVLover
@ZFlyingVLover 8 жыл бұрын
Carol Danvers Let me put it this way. Aren't you glad you weren't aborted? Do you think that if you were in danger of being aborted then you should have some rights? Especially, considering animals have more rights than the unborn in america. 1 mistake is bad enough. Considering abortion a solution to that mistake no matter how many times it happens is barbaric. Is it so hard to buy a condom or take contraception? Either solution isn't expensive or complicated.
@BAWAkulkarni
@BAWAkulkarni 7 жыл бұрын
Friedman at 2:30. "I've created a monster. Awesome!"
@alec0062
@alec0062 2 жыл бұрын
you could almost feel Friedman's pride in seeing Thomas Sowell saved from marxism as if he was his son.
@apocalypticskepticus3299
@apocalypticskepticus3299 6 жыл бұрын
'Does your program plan to eliminate there being a bottom 20%?" Holy f, what a savage destruction
@LonestarEventPro
@LonestarEventPro Жыл бұрын
Since that isnt the point of welfare, no it doesn't. Foolish comment rather than destruction.
@bwall49
@bwall49 9 жыл бұрын
two economists that understand the nuances of capital flows know more than a bleeding heart liberal socialist...and Friedman was correct because this video is quite old. Where would the world be if there had never been capitalism? A rural town in the hills of Montana?
@beng4151
@beng4151 6 жыл бұрын
Ha! I live in Montana and thank god for capitalism! This would be rough country without it!
@Broker77
@Broker77 4 жыл бұрын
Having children is a choice, good or bad, it's a choice, take responsibility for your own choices.
@HeavyK.
@HeavyK. Жыл бұрын
I love Dr Sowell at every age. He just kicks ass all the time.
@DavidAtomic
@DavidAtomic 8 жыл бұрын
I love Milton Friendman's expression here 2:31
@wronggg
@wronggg 8 жыл бұрын
+DavidAtomic I know, he was so happy to see Thomas shut her down!
@Ignasimp
@Ignasimp 2 жыл бұрын
A teacher seeing his student being a badass intellectual. The dream of any teacher.
@Garrett316
@Garrett316 4 жыл бұрын
At least both sides of the debate are being extremely respectful to each other in this discussion. Just the way Friedman explains with a calm and respectful (yet blunt) manor and how Sowell explains is such a way that the average person can understand without being condescending is truly remarkable. Their styles (including the female speaker in this video) is a dying art form.
@stevefryer3500
@stevefryer3500 7 жыл бұрын
Black people, This is the type of man you should listen to.
@RumbleFish252
@RumbleFish252 7 жыл бұрын
Too bad they rather listen to narcissistic "gangstas", rapping the same lyrics about how cool it is to be a drug dealing killer thug, over and over again.
@JWIZZY4real
@JWIZZY4real 6 жыл бұрын
Do you think generalizations of an entire populus of people as one herd/group/slave thinking mind makes you more or less racist asswipe?
@francismarion6400
@francismarion6400 Жыл бұрын
Why just black people? Have you seen the POTUS son?
@JCDenton2000
@JCDenton2000 7 жыл бұрын
Two legends. Deeply saddened when I heard about Sowells retirement recently.
@wildbikerbill6530
@wildbikerbill6530 Жыл бұрын
Age happens to everybody.
@DayneReedy
@DayneReedy Жыл бұрын
Thomas Sowell and Milton Friedman are amazing!
@jeviosoorishas181
@jeviosoorishas181 7 жыл бұрын
In order for people to get off welfare, they have to have jobs. In order for them to look for jobs, they have to look for jobs that pay more than welfare. (Lets not forget that governments also support raising minimum wages, so thus, it's only bigger and bigger companies that end up being able to hire these people) In order for companies to create "more" jobs they have to need those jobs and they have to have surplus profits in order to pay for labor to legitimize being in business. Surplus profits often come from consumers buying more products, as well as seeing increases on returns of capital from investments. Yet in order to fund welfare, governments have to take out of those surplus profits from the businesses (reducing the chance that jobs will be created). They have to take out money that would be used for goods and services from consumers (reducing the chance that jobs will be created). They also have to take money from investments that individuals and companies make (reducing the chance that jobs will be created). It is thus a logical impossibility that Welfare can actually help the poor (cough cough, well, there's always debt and inflation) in actual reality. They can only help the poor psychologically, by distorting everything. This in essence is the only way socialism lives and survives, since in reality, it has no shot.
@swamptroll3697
@swamptroll3697 7 жыл бұрын
Excellent comment.
@onyong123
@onyong123 7 жыл бұрын
who can argue with this? All logic and reason has been thrown out the window.
@hmmm2357
@hmmm2357 7 жыл бұрын
So perhaps the solution isnt money but education and/or a trade school for anyone under 28. Perhaps a little money with a emphasis on how to handle it. Basically social capital and an avenue to get them out of the cycle.
@natbrownizzle3815
@natbrownizzle3815 7 жыл бұрын
I think that the problem here is, that once you create a class dependend on welfare, while at the same time having left wing groups constantly telling that group, that no matter what they do, they will always be disadvantaged due to a supposed systematic racist government, it will become extremly difficult to motivate that group of people, to go to school and get an education. There is one interview with Sowell where he explains his intellecutal evolution. He started from the bottom and ended up as an economist by working hard and knowing that no matter what, people simply can not deny hard work and intellectual abilities. Today, people like Sowell are called "uncle toms" "neo liberals" etc. by left wing organizations, since Sowell is simply telling people, no matter what color, to take responsability, socialism and collectivism hates nothing more than an individual taking matters into his own hands refusing to become dependend off the government. excuse my poor english, I am not a native.
@swamptroll3697
@swamptroll3697 7 жыл бұрын
Nat Brown Completely agree, this turning minorities into pets for the left is extremely common in Sweden where I live. It's disrespectful to treat people in that manner. Treat them like their children.
@TheKrazyLobster
@TheKrazyLobster 7 жыл бұрын
Two wonderful men.
@dmreeoogdaq
@dmreeoogdaq 10 жыл бұрын
What continues to amaze me is: after 50-plus years of the welfare state, uncounted trillions of dollars, the disintegration of the inner city and the family unit, the proven fact of generational dependency, and the poverty rate literally staying almost exactly the same as it was when the Great Society programs were established, the statist left STILL insists that we need MORE of the welfare state and refuse to acknowledge these failures. They have been dishonest about their motives from Day 1.
@I_like_turtles_67
@I_like_turtles_67 Жыл бұрын
It's worse now than it was when this debate happened.
@sarahkanto1883
@sarahkanto1883 Жыл бұрын
@@I_like_turtles_67 Some of these welfare govt. employees are extremely rich from keeping and maintaining this welfare instead of creating more business and training kids properly for the future.
@I_like_turtles_67
@I_like_turtles_67 Жыл бұрын
@@sarahkanto1883 100% true. I worked in the food distribution business for about twenty years. We sold/delivered school lunches to public schools. It's amazing the amount of waste involved. We made more money, when the economy was in the shitter. More free/reduced daily participation equals more government spending. The craziest thing is the budgets. If a school district finished the year in the black. They would reciece less funding and lose what they didn't use. So they're all incentivised to use every dollar they recieve. Otherwise they're going to get less the next year.
@TigerDude333
@TigerDude333 Жыл бұрын
Reagan's 35 years of wealth transfers to the rich continue unabated, why no comments on that?
@I_like_turtles_67
@I_like_turtles_67 Жыл бұрын
@@TigerDude333 WTF are you rambling about? Reagan did some dumb shit. The war on drugs was a joke. The signing of ANY unconstitutional gun laws was reprehensible. But the economy was the least of his failures. That falls directly on politicians like Biden. Who have been in public office since before Ronald was elected president. Like the current vegetable in the oval office.
@butziporsche8646
@butziporsche8646 Жыл бұрын
Prof Sowell is my guru. I never miss one of his videos. A national treasure!
@Niconogood
@Niconogood 2 жыл бұрын
Must admit seeing Friedman and Sowell, the greatest ecoomists of all time, in the same clip, made me a little emotional.
@valeriehaeder5701
@valeriehaeder5701 2 жыл бұрын
I'm with you there!
@swankiman
@swankiman Жыл бұрын
Amazing to look back and see just how vindicated Tom Sowell and Milton Friedman have been. Right about literally everything.
@vanhaydu
@vanhaydu 8 жыл бұрын
it never ends
@carlmessalle473
@carlmessalle473 Жыл бұрын
Sowell is a national treasure. He is one of the smartest and articulate human beings I have ever heard/seen. Ashamed that our society does not listen to him and revere him.
@boedillard4541
@boedillard4541 Жыл бұрын
Somehow my mother was able to leave me unattended at the age of 5 and I never burned down the home, never joined a gang and never robbed a liquor store.
@skysurfer
@skysurfer 3 жыл бұрын
The anti-conservative argument was joined at the hip with righteous indignation even back when this was filmed. Nice to see Sowell and Friedman ignoring the bait and just plowing forward with facts.
@boli4203
@boli4203 Жыл бұрын
Even back then it was all they had to argue with...
@spitfireap77
@spitfireap77 2 жыл бұрын
Do-gooders like this lady ensure those bottom 20% she speaks of stay at the bottom.
@DMONEY7720
@DMONEY7720 Жыл бұрын
I also love that when she doesn't like what she's hearing she just cuts Sowell off and just starts talking over him
@planetmikusha5898
@planetmikusha5898 Жыл бұрын
That's called woman-splaining.
@migueldecarvalho8012
@migueldecarvalho8012 Жыл бұрын
There was a Historian called J. Rufus Fears who said, before he died, that he was worried about the future of democracy - because humanity lived much longer under dictatorship than under democracy.
@nigelbagguley7606
@nigelbagguley7606 Жыл бұрын
The simple fact is that by the modern definition poverty ( among all sections of society) can NEVER be resolved because it would destroy the Poverty Industry and jobs for people like this woman.
@joelhungerford8388
@joelhungerford8388 Жыл бұрын
Same with EVERY anti racism/sexism etc etc organisations, it doesn’t make sense for them to eliminate whatever it is they claim, it makes business sense to increase demand or find more racism more sexism. Kinda like how all those aid foundations for Africa etc have been there for decades yet there is never progress
@nigelbagguley7606
@nigelbagguley7606 Жыл бұрын
@@joelhungerford8388 With respect to Africa, don't forget, foreign aid exists to transfer money from poor people in rich countries to rich people in poor countries.
@brettb.7235
@brettb.7235 2 жыл бұрын
"I'm not making them have illegitimate children" no you're just paying them for it. "I didn't make the assassin kill someone I just paid them for it." See the issue?
@rickintexas1584
@rickintexas1584 Жыл бұрын
Milton Friedman and Thomas Sowell both are absolutely correct.
@CommonSenseCap
@CommonSenseCap 12 жыл бұрын
Click on the top link in the description and it will take you to all 10 complete videos in the entire series.
@steves1588
@steves1588 10 жыл бұрын
middle aged children?
@MegaAstrodude
@MegaAstrodude 11 жыл бұрын
"I give 15% of my income to my church" Which has nothing to do with helping the poor. This just pays for preachers' lavish lifestyles and solid gold living rooms.
@jimmyolsen5897
@jimmyolsen5897 2 жыл бұрын
Two of my heroes
@atcampbell123
@atcampbell123 3 жыл бұрын
Milton Friedman just cackling in the background whilst Thomas Sowell demolishes her lmao
@reecedrystek2992
@reecedrystek2992 6 жыл бұрын
I think Sowell and Friedman are right and I appreciate the compassion. I think there should be welfare, but it should be a subsistence amount, that no one in their right mind would want to live like that. I'm talking gruel and bunk houses. The safety net is nice, but should be of such low stanadards that the first thing on your mind is how the hell do I get off of it. I realize that it is a market inefficiency in Friedman and Sowell eye's, and I'm fine with it if it doesn't create dependency.
@cathrasher1974
@cathrasher1974 12 жыл бұрын
I could watch these all day. Milton and Thomas are right on all points. And just look at the welfare state it's collapsing. Almost half of aneri and are on the gov dole.
@figward
@figward 2 жыл бұрын
Thanks for sharing
@globyois
@globyois Жыл бұрын
That guy at the end, wow! Great point made.
@smoothALOE
@smoothALOE 9 жыл бұрын
Does the welfare system take into account living standards? Just because someone is below the poverty line doesn't necessarily mean he or she is not making do with what he or she has. What this lady was really discussing is an attempt to close the gap between the poor and the rich. This runs the risk, if sanctioned by the government, of opening the door for socialism or even communism.
@hankgandy5902
@hankgandy5902 Жыл бұрын
that's what some want - somehow, they think it's better
@blank557
@blank557 Жыл бұрын
Poverty and welfare is a moral issue that cannot be solved by a subsidized government system, because over time it creates a generational growth of receipts who are content to live in a safety net instead of working to get out of poverty. The Middle class gets squeezed, and you can only tax the rich so much before you kill the goose that lays the gold eggs to create capital for jobs to pay for welfare. A viscous cycle that profits the hidden rich class--The government, which can always vote itself raises, benefits, and go into debt to take care of itself no matter what happens.
@Mr.ChaudsShow
@Mr.ChaudsShow Жыл бұрын
This type of intellectual dialogue brings a tear to my eye
@dav35601
@dav35601 10 жыл бұрын
Two of the Smartest men in the last 100 years worldwide! Milton Fiedman and Thomas Sowell
@EdgemanLL2
@EdgemanLL2 11 жыл бұрын
"There has been a perm class of poverty since the beginning of time" Correct, which shows the folly of the welfare state pretending it can eliminate it, or combat it. But the difference is that poverty was falling like a rock before we paid people to be poor. And poverty now is (in many cases) generational, where it never was before--not nearly as much before.
@nunceccemortiferiscultu7826
@nunceccemortiferiscultu7826 Жыл бұрын
Intergenerational poverty has been part of mankind since the beginning.
@lancechadwell5138
@lancechadwell5138 Жыл бұрын
Keep that bottom 20 percent poor and you keep your 20 percent under your foot and dependent. Permanent votes you can count on!
@maryp3212
@maryp3212 Жыл бұрын
45 yrs ago, my husband wanted to go back to college to finish pharmacy school. Our son was about 1 yr old. I went to social services and said if I could get food stamps for just my son and I, I could work and pay for rent and everything else. I was told as long as my husband and I were together, they couldn’t help BUT if he left us, they would pay for EVERYTHING and I wouldn’t have to work. We said thanks but no thanks. It was a struggle but we are beholding to no one. Are there catastrophic situations for family and they need a hand to get back on their feet, of course but should be temporary and rare.
@francismarion6400
@francismarion6400 Жыл бұрын
This is a choice the illegal immigrants face daily and they do not file as married couples.
@Ignasimp
@Ignasimp 2 жыл бұрын
Something I didn't know a year ago or so is how economy explains so much about human psychology and behaviour. It's so interesting.
@ronaldbook8179
@ronaldbook8179 10 жыл бұрын
Sowell wrecks so well. That woman didn't have a chance.
@chrispile3878
@chrispile3878 2 жыл бұрын
Of course she disagrees, it's her JOB to disagree. It's contingent on maintaining the welfare rolls or she loses her job.
@18nomah
@18nomah 3 жыл бұрын
To be fair to the Welfare administrator, Sowell Friedman tag team is predestined to be unbeatable.
@pedrozaragoza2253
@pedrozaragoza2253 6 жыл бұрын
The truth is so powerful.
@hightechredneck3362
@hightechredneck3362 Жыл бұрын
I just had an epiphany, the very problem with the welfare system. What other source of income increases simply because you had another kid? In any other endeavor, you would either have to get promoted, get trained and get a better paying job or live within your budget. Instead we have people giving out OUR money to non-productive people (except for producing more mouths to feed) which obviously fuels inflation, devalues the buying power of our currency, giving rise to needing pay (and welfare ) raises. Which in turn causes inflation, devalues the buying power of our currency... I think you get it....
@LonestarEventPro
@LonestarEventPro Жыл бұрын
So you support family planning , contraceptives and sex education. All things that significantly reduce the issue.
@CommonSenseCap
@CommonSenseCap 10 жыл бұрын
See the description. Link should work.
@jacobkent2457
@jacobkent2457 7 жыл бұрын
*Reads Thomas Sowell and Milton Friedman in the same title* I came
@eneple
@eneple Жыл бұрын
"You don't have to do that. You simply subsidize it" That's exactly how you do that 😅 Love Thomas Sowell
@EdgemanLL2
@EdgemanLL2 11 жыл бұрын
"Supply and demand are political opinions! Im smart!" LMGDAOOO. I love that one. You cant make this shit up!
@0penthaughtz
@0penthaughtz Жыл бұрын
OMG seeing a young Tomas Sowel and Milton Friedman in the Same room together is amazing! Also I want to say how funny and obvious it is, that this woman isn't arguing on behalf of 12% and she claims. Rather on behalf of herself in order to justify her fake job and why it should exist...LOL
@johnmatherne3095
@johnmatherne3095 4 жыл бұрын
I love the look on freedman face As his Studant Thomas smacking her around
@charlesterrizzi8311
@charlesterrizzi8311 6 жыл бұрын
Can you like this a thousand times.
@EdgemanLL2
@EdgemanLL2 7 жыл бұрын
00:25 "Paging Mr Herman.....paging Mr Herman. You have a telephone call at the front desk."
@georgemalloy5313
@georgemalloy5313 11 жыл бұрын
well said
@katakisLives
@katakisLives 12 жыл бұрын
@ramonpastorius I agree! private charity could never have the scale and consistency to replace state benefits.
@hynjus001
@hynjus001 Жыл бұрын
That Milton Friedman sentiment at the end is so so so true. Welfare state is a kind of tower of babel version of charity. It's help through hubris and just like the story of babel, it end in rampant decentralization.
@spidaman0112
@spidaman0112 Жыл бұрын
Amen Mr Sowell
@Giamarino
@Giamarino 10 жыл бұрын
Does anyone have a link or know where I can find the entire episode/conversation? Clips are great and all, but I want the full context of the conversation leading up to, and proceeding this clip. It cuts off when she is about to say more, and I would like to hear the conversation to its conclusion.
@robertrostad3930
@robertrostad3930 Жыл бұрын
The woman’s name is Helen Bohen O’Bannon, Director Social and Family Services, State of Pennsylvania.
@EdgemanLL2
@EdgemanLL2 11 жыл бұрын
"Gimme Gimme Gimme! I want I want I want! Its MINE, all MINE!!!!" And you call other people greedy? LOLOLOL
@navajasrs2402
@navajasrs2402 7 жыл бұрын
Oh my googness, gold mine. Anyone have a link to the full show?
@FletchforFreedom
@FletchforFreedom 12 жыл бұрын
Yes, and I addressed that. On what basis do you argue that it was done best by large companies rather than countless smaller ones running individual trains or routes, etc.? Certainly, there is some benefit in economies of scale, but the market can best determine where they are realized.
@hufinnpuff3068
@hufinnpuff3068 Жыл бұрын
I'd love to see the full video of this, please send link.
@boobtuber06
@boobtuber06 4 жыл бұрын
Is it possible for the Nobel Committee to give T Sowell a lifetime achievement award??
@dartharpy9404
@dartharpy9404 Жыл бұрын
Love
@mikewilliams-no9cm
@mikewilliams-no9cm Жыл бұрын
What these men have been saying becomes more true over time
@casualobserver3145
@casualobserver3145 Жыл бұрын
Sowell & Friedman on the same debate stage?!?! Sign me up!!
@sfjeff1089
@sfjeff1089 12 жыл бұрын
@sfjeff1089 The opposite situation occurs when you have tons of investment money but the only thing you could possibly do with it is to try to achieve cost savings on or replacements for existing products because if you build anything else there are no consumption dollars available to attract. This is the proverbial "We reached perfect efficiency when everybody went home" scenario. Hallmark of this problem is interest rates approach zero and stimulus is "pushing on a string".
@DavidTangman
@DavidTangman Жыл бұрын
What always fails to be discussed is what happens to the children of parents on public assistance? Yes, some kids have parents who are mentally unstable, drug addicted, irresponsible, etc. Is this their fault? No it is not and it is our collective responsibility to care for these children. Our people seem to have no problem taking away abortion rights so it seems to me that if we are truly a moral, just society then we will also commit to the welfare of those children born into unfortunate circumstances (no fault of their own). If our society can't find a way to balance that equation, then we have no business thinking of ourselves as "moral". All of our concern is for our society's true god... MONEY
@DrMackSplackem
@DrMackSplackem 10 жыл бұрын
Your problem is that this clip ended too soon. The full episode is around (if you really want it). I must ask, though, by what mechanism could simply handing out a check provide an incentive to work? Particularly when, if one now does find employment, much of its reward must now go to daycare during working hrs, perhaps a suitable wardrobe, reliable transportation...you get the picture. These numbers have been run, whether you can bear to look at them is only a question of your honesty.
@goodguygto
@goodguygto Жыл бұрын
Does anyone know where I can see (get), the full video clip (this interview)?
@thejadegiant7315
@thejadegiant7315 2 жыл бұрын
Is there a way to watch this entire meeting?
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