The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction. Thomas Sowell assumptionbasebudget Change image and share on social
The people made worse off by slavery were those who were enslaved. Their descendants would have been worse off today if born in Africa instead of America. Put differently, the terrible fate of their ancestors benefitted them. Thomas Sowell africaamericaancestor share on social
The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling. Thomas Sowell confusefeltjohnny Change image and share on social
If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today. Thomas Sowell agobelievejudge share on social
Mistakes can be corrected by those who pay attention to facts but dogmatism will not be corrected by those who are wedded to a vision. Thomas Sowell attentioncorrectdogmatism Change image and share on social
The least productive people are usually the ones who are most in favor of holding meetings. Thomas Sowell favorholdmeeting Change image and share on social
Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more. Thomas Sowell bankruptcyeconomygovernment Change image and share on social
Hyperinflation can take virtually your entire life's savings, without the government having to bother raising the official tax rate at all. Thomas Sowell botherentiregovernment Change image and share on social
The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state. Thomas Sowell dependdependentexpand Change image and share on social
The old adage about giving a man a fish versus teaching him how to fish has been updated by a reader: Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his 'basic rights.' Thomas Sowell adagebasicdeclare share on social
