The State

The government doesn’t make anything, except wars. It does provide services, which are paid for either by forcibly confiscating our wealth in taxes or by borrowing from other countries. But of course doesn’t it build roads, bridges, etc.? Well mostly it uses the money it collects from taxpayers to hire contractors to make these things. Of course the Army Corps of Engineers, a branch of government, builds things like the dikes that failed to protect New Orleans when hurricane Katrina hit.
But how about all the services it provides, like unemployment benefits? Yes, those are “paid for” by the same confiscations and borrowing, and the unemployment is provided by regulations and taxation, which suppress business investment that would have created jobs. And if the benefits are good enough people stop looking for work, so unemployment “insurance” ensures that there will be unemployment for many people.


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