Government intervention drives up cost and brings down quality

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Why is it fun to go to the Apple Store, but painful to go to the DMV or RTA? What’s the difference between the two? Government.

 

Ronald Reagan once said, “The nine most terrifying worse in the English language are, ‘I’m from the government and I’m here to help.'” How true.

In the video below, Dr Ron Paul is asked by the debate moderator how students are supposed to pay for college without the government “helping.” Well, are they actually helping? That’s the question.

So, how do you pay for college without government intervention? “The way you pay for cell phones and computers,” Dr Paul explains. “You have the marketplace there. There’s competition. Quality goes up, the price goes down. Can you imagine what it would’ve been like if the department of homeland security was in charge of finding one person, or one company, to make the cellphones?”

WATCH:


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