Tuesday, February 17, 2009

More of the same

(by Alex Tokarev for World Magazine)

A quick review of the first few pages of the Bible could help our government see why the obsession with stimulating spending is tragically misplaced. The curse of sin makes labor less rewarding and more painful. At the same time we have unlimited wants and no desire to delay their gratification. If we work and save we do so because the expected future gains outweigh the pains of toiling and waiting.

If I skip lunch this month, I do it to save enough money to take my wife to a fancy restaurant for her birthday next month.

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