Welcome to Keith's night. Don't tread on anyone.
This is a book summary of excuse me, Professor challenging, the
myths of progressivism edited by Lawrence.
Read myth. Number one, income inequality
arises from Market forces and requires government
intervention. Summary response, economic
inequality, like the personality traits that make up each
individual or a defining characteristic of humanity, when
economic inequality. Is naturally in the marketplace,
it largely reflects the ability of individuals to serve others.
When it arises from political connections.
It's unfair and corrupt allowing economic inequality to occur.
So long as it doesn't derive from politics, inevitably raises
the standard of living for society.
As a whole concern. For the poor is often a way to
Simply disguise Envy or disdain for the rich.
Myth number two, because we're running out of resources,
government must manage them. It is simplistic to assume that
people will blindly use up what sustains them without regard to
the incentive structures. They face if they have
incentives to conserve, they will do.
So private property is a powerful incentive to conserve
resources. You lose if you squander, what's
yours, when property is held in common you have a license to use
and abuse. Sources with little incentive to
nurture and improve them. Myth number three, equality
serves the common, good response.
If people are free, they will be different that reflects their
individuality and their contributions to others in the
marketplace. It requires Force to make them
the same talents, industriousness, and savings are
three of many reasons why we are in different incomes in a free.
A society forcing people to be equal.
Economically may make misguided egalitarians feel better, but it
does real harm to real people myth.
Number four, the more complex the society, the more government
control. We need response complexity does
not automatically suggest centralization of power.
You and I have a full-time job managing our own respective
lives. Our task increases
exponentially. If we Try to control the lives
of a handful of others and it explodes Beyond Reason, if we
try to control the lives of millions, myth number five,
income inequality is the great economic and moral crisis of our
time. Historically, the worst
demagogues demonize a group. They don't like such as the rich
for the purposes of political gain and power.
Lust hypocritically many progressives Advocate government
income redistribution. Bution in the name of equality,
but rarely run their own lives, that way, or spend their own
money and accordance with the policies.
They support myth, number 6, capitalism Foster's, greed, and
government policy must temperate, summary, response
greed has become a slippery term that cries out for some
objective. Meaning, it's used these days to
describe lots of behaviors that somebody doesn't like for
others. Sometimes, hidden reasons self.
Interest is healthy and natural how you put it into action in
your relationships with others is what keeps it healthy or gets
it Off? Track lawmakers and government
are not immune to Greed and if anything they magnify it into
harmful outcomes, myth number seven, the free market ignores
the poor explaining, how a, socialist have a socialized
activity, could actually be done better by private voluntary.
Terry means in a free market, is a little, like, telling a blind
man, what it would be like to see, but that doesn't mean we
should just give up and remain blind examples of the wonders of
free and willing, exchange are all around us.
We take them for granted. Just imagine what it would be
like if she was in Sox, had been a government of plea for a
couple hundred years versus the variety and low cost of shoes as
now provided in 40 countries by entrepreneurs free markets open
the way for people to Act immorally, but that doesn't mean
they always will nor should we assume that when armed with
power, our Behavior will suddenly become more moral
number 8, the economy needs more planning Central planning that
is consider the Wonders all around you.
Perhaps far, more than you ever imagined are the result not of
some top down Central plan, imposed by wise, schemers and
government, but rather of the dreams and plans of individuals.
Owls and their personal initiative Central planning, as
an economic framework is rooted in what?
Hayek would call a pretense to knowledge.
No, group of people, no matter how much government power, they
possess can possibly no more than an infinitesimal fraction
of the knowledge. They would have to possess to
plan and economy. Myth number 9, human rights are
more important than property rights summary.
You own yourself and you own those material, things you've
created or traded. For freely with others.
These are rights to property property in yourself and in your
possessions and cannot be separated from Human Rights.
America's Founders made no distinction between human rights
and property rights for good reason.
There aren't any. They are one and the same.
You're right to. What's yours is very different
from a claim on the person or property of others.
Myth number 10. I have a right summary.
Genuine rights. Prior to government.
They are part of our of your nature.
As an individual human, the desire to have something doesn't
automatically mean, you have the right to it.
If your alleged or right to something cannot be achieved
without forcing another person. To provide it to you.
Then it wasn't a right to begin with.
You have a right to read a book, but you have no right to compel
someone else to give you one. Myth number 11, rich people have
an obligation to give back summary response, the innocent
sounding phrase. I want to give back far too
often implies guilt for having been productive or successful.
If you earned it through wealth creation, followed by free and
voluntary exchange. Don't let others get away with
making you feel guilty just because you have it, the people
who really should give it back. Are those to whom it doesn't
belong or who took it? Mothers in the first place.
Myth number 12. I prefer security to Freedom.
True security is an outgrowth of Freedom.
Not an alternative to, it being dependent, instead of being
independent is a move away from True security.
Mr. Reed's observation more than half a century ago that
increasing Reliance on a welfare state for security would provide
financial problems. Seems positively prescient
today. Consider our Seventeen point
five trillion national debt as evidence.
The real choice is not between freedom and security but between
security and insecurity myth number 13, cooperation not
competition. Competition is actually a very
important kind of cooperation. It prompts people to serve
others in the best ways. They know how a company that
gets a high market share because of its efficiency and service is
both competitive and cooperative.
Sense that it earns the satisfaction, and patronage of
customers and economy. Without competition, would be
larded with waste and indifference.
The core assumptions of antitrust laws are dubious and
nebulous. Myth.
Number 14. Healthcare is a right.
Claiming. That one has a right to
healthcare is rhetorical exercise.
The rubber hits the road, when it's actually enforced, which
means somebody has to be compelled to provide it or pay
for it. Centralizing Healthcare
decisions is a movement in the wrong direction, away from
Individual consumer and toward planners, who have no special
knowledge, that would allow them to make good decisions for
others market-based. Consumer-focused options for
Health Care deserve more serious consideration.
Myth number 15. We are destroying the Earth and
government must do something physics.
Teaches us that matter. Is not really destroyed but
rather transformed. So the ever-present question is,
is it worth it Market transactions?
Transform resources, as well as ownership of them.
And if enhanced value doesn't result from those transactions,
the resulting losses tend to minimize future, mistakes, myth
number, 16 ownership. Must be tempered by sharing
progressives are two-faced when it comes to ownership.
They are suspicious of it when it's private and personal but
supportive, when it's politicized, and centrally
directed, whether it's people or property.
It will be owned. It's just a matter of whether
it's owned by those, to whom it belongs, or to those, who want
to claim it for some alleged higher, cause private ownership
of property. Is both a And a necessity, get
rid of it and you flush civilization down with it.
Common ownership is largely impractical and meaningless.
Even destructive. Myth number 17.
All we need is the right people to run the government.
As Government grows. It creates more and more
problems that are systemic. And intractable profit
management and bureaucratic management are two very
different. At things the former seeks to
generate more value than cost. While the top priority of the
latter, is the promulgation and implementation of rules and
regulations. The bigger government becomes
the more calls you here. Endlessly for reform, which may
suggest there's something inherently defective about the
political system that prevents its practitioners from ever
getting things right from the start government-run running
government like a business. A popular rhetorical point, but
essentially an illusion that fails to recognize the Deep
differences between profit-driven business and Rule
driven government. I would also add it doesn't
differentiate from the voluntary sector and the coercive sector
myth number 18, Humanity can be best understood in a collective
context. If you see the world as a
collective lump of humanity, you'll likely come to very
different conclusions about life and economics.
Then, if you see it as composed of billions of Unique
Individuals, a snowstorm is only as big as its individual
snowflakes. Numerous abstractions are just
that. Well, individuals are real take
individuals out of the equation and you remove humans from
Humanity. Myth number 19.
Big government is a check on big business, summary big government
and big business often play well together at the expense of
startups, little guys and consumers.
Artificially politically instigated barriers to entry
make markets less competitive and dynamic and established
firms. More monopolistic a free market.
True capitalism not its adulterated.
Crap at ilysm version, maximizes competition and therefore
service to the consumer. Miss number 20, government.
Can be a compassionate alternative to the harshness of
the marketplace, compassion, isn't simply giving something
away. Especially if what you're giving
away wasn't yours in the first place.
True. Compassion means getting
personally involved. In stinka instinctively when we
want to help others with our own time and resources.
We overwhelmingly tend to do so through donations of time and
money to private agencies. Public ones, the marketplace,
where self-interest is a powerful motivator for the
creation of wealth is therefore the primary source for whatever
wealth anybody has to give away myth number 21, capitalism's
sweatshops and child labor. Cry out for government
intervention. Sweatshops and child labor were
commonplace in pre-industrial pre-capitalist days because
production and productivity were so low.
Not because people dislike their way.
Wives and children more than they do today, savings
investment and economic growth, improve working and economic
conditions faster and more shortly than well-intentioned.
But misguided laws that simply closed doors of opportunity.
Myth number 22, voluntary Market Arrangements, use people
summary, Advocates of free markets, have long, been accused
of supporting Arrangements that used people.
It's ironic because free markets are the one economic Arrangement
that most respects and empowers individuals markets because they
are rooted in the free choice of individual self ownership,
voluntary and contractual relationships.
And customer satisfaction, arf arf.
Less likely to use people in the pejorative sense, then
Arrangements that are coerced, centrally planned or
bureaucratic people should not be treated as objects of
benevolence, but rather as Sovereign individuals with whom
we deal voluntarily peacefully. And for the mutual benefit that
occurs through Freedom of Choice.
Myth number 23, the balance of trade deficit requires
government action, each of us as individuals, have a Balance of
trade with other individuals, but none of us care about the
numbers. What we care about are the goods
and services. We are trading for balance of
trade figures. Count only merchandise.
They leave out the huge chunk of World Trade involving other
things from Real Estate to Securities to Services.
No trades are deemed as anything but favorable by those engaged
in the trading. So how can anyone add all those?
Trades up and arrive at something unfavorable myth.
Number 24, American squander, their incomes on themselves
while public needs are neglected.
If the political class gets more to spend, that means that
private individuals have exactly that much less to spend
according to their own choices. Authoritarianism.
Always argues for more of what belongs to others
authoritarians, never believe they have enough as long as If
anybody gets to make his own choices rather than having the
state make those choices for him, Freedom means spending your
own money, the way you choose. Even if you sometimes choose
foolishly and there's nothing about government that ensures
that the people in it, who spend other people's money will, spend
it more wisely than would those who earned it in the first
place. Myth number 25, if Government
doesn't relieve distress, who will summary response.
No one can name the names in advance of those who might come
to the aid of fellow citizens in distress.
The question is illogical without government assistance.
A massive amount of private voluntary.
Aid. Has poured forth from American
citizens, since the first settlement here.
Is there any reason to suppose that politicians are more,
caring compassionate or In providing relief with other
people's money, then are the individuals who elect them in
the first place and he'll get personally involved in the
relief of citizens. Nearby government is not true
charity and it politicizes, everything it touches.
If number 26, historical preservation won't happen,
unless the government takes charge summary.
Why sell people And markets short when it comes to history,
examples are endless of private preservation and restoration
private efforts have not just been a sideshow in historical
preservation. They have been the centerpiece
by way of prices markets, send signals about what should be
preserved and what should be discarded?
Private ownership means somebody has a direct incentive to
preserve. If government owns it.
We all have incentives to use it and maybe even abuse something.
That is historically valuable government.
Ownership means, we have to trust.
Bureaucrats to preserve, what they don't personally.
Own myth, number 27, government must have the power to make
people take better care of themselves.
It's easy to fall into the Trap of the quick fix that suggests.
The use of force to address a perceived problem.
A thinking person will step back and consider the consequences of
all of them, including the impact on individual rights,
private property rights. Clearly stated and strictly
enforce provide a better framework for society's rules
than the whims of people who want to dictate to others,
what's good for them. Delusion, paternalism
dependency. Myopia impatience, power, lust,
and self-absorption, may prompt us to call the cops, but are
hardly sound motivations for government policy.
Myth number 28, government spending brings jobs and
prosperity summary the broken window fallacy.
He essentially calls us to be thorough in our thinking, it's
not enough to Simply see the immediate or what strikes.
The eye. We must also consider the
long-run effects of an act or policy on all people.
When government spending seems to stimulate, it's because we're
not seeing it redistributed nature.
If Government spends more, then there is precisely that much
less spending done by those. From whom the money is taken.
If the government spends more and borrows to pay for it,
instead of raising taxes, then it's today's Capital Market that
is smaller precisely to the extent.
Government spending is bigger myth.
Number 29, Upton Sinclair's. The jungle proved regulation was
required summary. Upton.
Sinclair's novel. The Jungle is treated by
progressives as though it were a documentary, but it Was nothing
of the kind, it was a work of fiction full Fabrications.
Even Teddy. Roosevelt said the author was
hysterical and untruthful Sinclair was hired to write it
for the purpose of advancing. Socialism in America.
Government Meat, Inspection existed before Sinclair's book
ever was written, if even a portion of what he wrote really
described what was happening, routinely in Meatpacking plants,
either the government inspectors were complicit or else, they
were an Chablis ignorant neither of which makes for a strong case
for new regulation. In the end, the Meat Packers
actually supported the Meat Inspection Act because it put
the government seal of approval on their product and got the
taxpayers to pay for it. Myth number 30, capitalism's
Industrial Revolution curse. The world with the horrors of
child labor children worked before the Industrial
Revolution. It was the Industrial Revolution
fact, which improve productivity so that eventually Really
parents could earn enough to afford to leave their children
at home in Britain. The distinction between Free
Labor, children and Parish. Apprentice children must be
understood. The latter were under the care
of often in different government officials, and the result can be
hardly laid at the exclusive doorstep of capitalism.
Myth number, 31, labor, unions, raise wages.
And the standard of living wages can only be paid out of what is
produced. No production.
No wages there for greater productivity, is the key to
higher wages unions. Typically a production Union
activity, may result in some people getting more but without
an increase in productivity. That simply means that some
other people must get less. Either you bake a bigger pie for
One or you just slice the pie up differently.
It looks sometimes like unions have actually forced wages
higher because of the lower wages in non-unionized
businesses. But the latter are caused in
part by the outflow of Labor from on unionized sectors to
non-unionized ones unionize Auto Workers today, for example, may
make a little more per hour than their non-unionized
counterparts, but there are a lot fewer of them to myth. 4:33
FDR was elected in 1932 on a progressive platform to plan the
economy, Franklin. Roosevelt delivered, a lot of
central planning from Washington, but that wasn't what
he was. He asked voters to endorse him.
That wasn't what he asked voters to endorse in the 1932 election.
FDR attacked Hoover for greatly increasing, taxes and spending.
But one selected did even more of both.
FDR's close adviser James Warburg thought that FDR was
economically, illiterate and politically opportunistic.
Myth number 33. The Great Depression was a
Calamity of unfettered capitalism.
The Great Depression Did not follow a period of unfettered
capitalism. In fact, it was made inevitable
by erratic monetary policy from the federal government.
Namely the Federal Reserve after years of cheap money and low.
Interest rates the FED, set the stage for A correction with a
policy of steep increases in interest rates.
And a deflation of the money supply, the Hoover
administration took a recession and made it a depression by
dramatically choking off World Trade through higher tariffs and
doubling the income tax Franklin, Roosevelt promised to
undo Hoover spending and tax increases, but after he was
elected, he did just the opposite, the New Deal,
lengthen, the depression by preventing recovery.
It cartelized Industries with raised costs.
And destroyed valuable crops and cattle a depression within a
depression occurred in 1937 after the imposition of costly,
new labor rules, and higher taxes.
Myth number 34, government must subsidize.
The Arts Government funding of the Arts is not just music to
the ears. It carries pyramid.
All the downside of dependence on politics claims that Arts
spending is magically multiplied.
Our specious and Ali self-serving and never look at
alternative uses of the same money culture arises naturally
and spontaneously among people who choose to interact with each
other art is part of that. But it also competes with all
sorts of other things. People choose to do with their
time and money. If art is truly important than
the last thing we should want to do is politicize it or divert it
towards those things. That people with power think we
should see or hear myth. Number 35, government is an
inflation fighter. When you change the definition
of inflation, you change the responsibility for it.
Inflation is not Rising prices. In fact, you have inflation
first, and then as a consequence you get Rising prices inflation
properly. Defined involves an increase in
the supply of money. Historically the more control
government exerts. Over money.
The more likely the money will lose its value, the more that
government spends and doesn't pay for with tax revenue.
The more likely it will resort to the printing press.
It's far more accurate to think of government as an inflation
Factory. Not an inflation fighter.
Myth number 36, Outsourcing is bad for the economy, Outsourcing
occurs. When people shop around for the
best deals, we do it all the time as consumers, if it
produces savings. Then savings can be utilized for
the purchase of other things. Outsourcing boosts productivity
and living standards stopping. It means compelling Shoppers in
the case, businesses to settle for a more costly or less
desirable option. Myth number 37, if FDR's New
Deal didn't end, the Great Depression.
Then WWII did Wars aren't cures for depressions.
They simply divert, Manpower and resources away from what
consumers want to what? Government wants to win the
conflict FDR's. New Deal prolong the depression
and fortunately attempts to revive it to keep the economy.
Going after World War two were squelched.
The economy, didn't collapse after World War Two because
reductions in federal spending and Taxation, encouraged
entrepreneurship. Myth number 38, the minimum wage
helps. The poor billions of people who
are utterly unaffected by the minimum. because, They are
already learning something higher to begin with see their
wages rise almost every year some even during recessions.
It's not a decree of Congress that does this.
It's factors such as the productivity capital investment
and competition in the labor market.
You can't expect employers to pay workers more than their
productivity is worth just because Congress demands it at
higher prices or wages. Less is purchased.
That's a law that How much more powerful than a minimum wage law
from Congress? If raising the minimum wage to
$10.10 make sense? Why not stop there?
Why not declare that? Everyone must be paid fifty
dollars and our myth number 39, free markets exploit women
summary, the Freer, the market, the more opportunities there are
for women and anyone else for that matter to progress up the
economic ladder, most of the 17.9%, Percent wage Gap in the
United States can be explained by a number of hours, worked
marriage and age, women who work full-time and who have never
married make ninety-five point. Two percent of male earnings
narrowing, the gender wage Gap to less than 5% for those women
who want to work. Many paid hours and invest,
highly in education. There are more income
opportunities in the highest. Quintiles than there ever have
been myth number 40, the rich are getting richer and the poor
are getting poorer Progressive, should be honest.
And admit that the anti free-market policies, they
promoted and achieved in the last half-century have
disadvantage. The poor and conferred favors
upon the rich and politically. Well-connected amazingly in
spite of those policies. The poor overall are still
better than they were 50 years. Ago.
Imagine the progress that might have happened.
Had those policies not been in place redistributing.
Wealth is just slicing, the pie differently at the risk of
shrinking. The pie.
It's a static view of wealth one.
That's greatly inferior. To a view of baking, a bigger
pie for everyone. Myth number 41, Rockefellers
Standard, Oil Company. Proved we needed antitrust laws
to fight Market monopolies. If the Standard Oil company was
any kind of Monopoly. It was not a coercive one
because it did not derive its high and temporary market share
from special government favors. There were lots of competitors
to it here and abroad. If it was a monopoly then it was
of the efficiency, variety. Meaning that it earned a high
market share because customers liked what it offered at
attractive prices the prices of standard products chiefly
kerosene in the company's early history steadily fell, the
quantity the quality steadily improved total production grew
from year to year. This is not supposed to be the
behavior of an evil monopolist who supposedly restricts output
and raises prices accusation against standard.
Predatory price cutting buying up competitors conspiracy to
restrict output and raise prices.
Securing railroad. Rebates, Etc.
Sound plausible on the surface, but fall apart upon close
inspection. Myth number 42, Jesus Christ was
a progressive because he advocated income redistribution
to help. The poor free will not coercion,
is a central and consistent element in the teachings of
Christ. It is not recorded anywhere that
Christ called, for the To use its power to redistribute wealth
Christ, endorse things like Choice, charity generosity,
kindness personal responsibility, and voluntary,
Association things that are reckon irreconcilable with
coercively, financed redistribution schemes.
Myth number 43, the free market cannot provide public education,
as long as Government Can tax its citizens, and then provide
Educational Services to them at a marginal price of zero much
private. Acacia will never come into
being most parents would know, more, make educational decisions
without consulting, knowledgeable authorities, then
they would make medical decisions without consulting.
Doctors. We don't use the small number of
neglectful parents as a pretext for government, controlling or
Finance of religion. Nor should we use it as a
pretext for government control or financing of schooling.
Government domination of Education assures that the
entrepreneurial Innovation and creativity.
We are Touch them to and say, the computer industry will be
missing from education. Myth number 44, Warren Buffett's
federal tax rate is less than his secretaries.
Warren Buffett, created a new tax metric by combining
individual income, taxes and payroll taxes into one federal
tax rate. He then asserted that his 2010
federal tax rate of 17.4% was 18.6 percentage.
Points lower than the 36 percent average federal tax rate paid.
By his office workers the 2010 Social Security, and Medicare
taxing mechanisms in place. In 2010 were inherently Fair,
ascribing a federal tax rate differential to employee.
Paid payroll taxes as buffeted is analytically incorrect.
This 7.65 percentage Point federal tax rate.
Is a mirage. I must disagree here.
There is nothing. Inherently fair about one person
or group violently taking property from another
incredibly. Buffett included employer-paid
matching payroll taxes into his calculations as well.
Thus doubling the 7.65 percentage Point differential
perfect ignored in his calculations, roughly 1.6
billion in corporate income taxes born by him in.
Ten as a one-third owner of Berkshire Hathaway.
He also ignored his share roughly 400 million dollars of
Social Security and Medicare matching taxes paid by
Berkshire. Hathaway, the analytically
correct comparison, excluding individual payroll taxes and
including corporate income and payroll taxes shows that buffets
federal tax rate was actually over 10 percentage points higher
than the average rate of his office workers in 2010.
Miss number 45, profit is evidence of suspicious Behavior
profit earned in a free and competitive market is the target
of the Miss informed and uninformed.
It's evidence of value-added. Not value subtracted.
Profit is a great motivator and incentivize ER, as most
economists. See at profit is composed of
managerial remuneration, 's interest on Capital invested.
David and entrepreneurial or economic profits by itself.
The sheer dollar amount of a firm's profit.
Tells you nothing about profit as a portion of sales or as a
return on Capital invested, myth number, 46, robots, and
computerization cause unemployment the use of robots
to increase productivity. While decreasing costs Works
basically the same way as past. Advances like the production
line have worked those advances improve the quality of life of
billions of people and created new forms of employment that
were unimaginable at the time compared to humans robots are
cheaper, do employee partly for natural reasons, and partly,
because government intervention natural costs, include training,
safety needs over time and personal problems.
Such as hiring, firing and on-the-job theft unnatural
non-market costs stem from From cronyism dispensed by
governments, and increase. Use of robots will cause labor
dislocation which will be painful for many workers in the
near term. But if Market forces are allowed
to function, the dislocation will be temporary myth.
Number 47, statistical disparities between races, prove
discrimination. There is no evidence from
anywhere on Earth or any time in history, which demonstrates
that, but for discrimination, there would be proportional
representation. Station and absence of growth
statistical disparities by race sex nationality.
And or any other human characteristic, casual
observation of ice hockey, game suggests that blacks attendance
is by no means proportional to their numbers in the general
population, but that's not evidence of discrimination.
Myth number 48. The solution to overpopulation
is population control. There is no relationship between
In high populations disaster and poverty by a considerable
measure poverty, and underdeveloped Nations is
directly attributed to their leaders.
Heeding the advice of Western experts who Champion repressive
redistributive and anti private property Solutions.
What are called overpopulation problems.
Result from socialistic government practices, that
reduce the capacity of people to educate clothes house and feed
themselves. Myth number 49 resource.
Poor countries need strong, central planning to develop Hong
Kong a small rock with little resources, but still a lot of
economic freedom shows that freedom goes a long way to
ensuring progress. No matter how few your
resources. Are the biggest economic flops
of the past Century, were both centrally planned and infatuated
with numbers in spite of being resource-rich.
Myth number 50, people love the Robin Hood story because he took
from the rich to give to the poor Generations have grown up
with the heroic idea. Love Robin Hood, robbing from
the rich and giving to the poor, but it was only in the 19th
century that he amended his modus operandi to include giving
to the poor Market forces emerging with the breakdown of
feudalism. In the late Middle Ages made the
lives of working people and measure.
Lee better and the Nobles who lost their bidding wars for
their services, didn't like it the targets of Robin Hood and
his merry men were Rich from Plunder, not production.
Myth number 51 greedy capitalist, take advantage of
people and natural disasters. Price controls are the answers.
Prices are not set arbitrarily. They are what they are for a
variety of reasons. These reasons are summarized by
two words supply and demand government.
Pros, imposed prohibitions, on price gouging mask, the
underlying reality shielding people from the truth of it,
higher prices in the wake of reduce supplies result in
conservation of what remains and the encouragement of new
supplies, precisely, what the situation calls for myth.
Number 52, progressives have good intentions.
So what else is required one thing Progressive.
Share with almost everyone else has a very high level of
expectations for the private sector and In a very low, one
for the public sector. Good!
Intentions are by themselves nowhere near enough.
Thank you for watching Keith, and I don't tread on anyone.