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This statement -- joining me now is Walter Williams professor of economics at George mason university -- offer -- Race and economics how much can how much can be blamed on discrimination.
Our professor thanks for joining us ended the notion that's also security is upon his -- seem like a -- still to many people in this country.
But you think that the Texas governor wasn't far off.
You're absolutely right -- And there are there are three Nobel laureate economist.
Who agree with them as well as many other people yeah Paul -- and Milton Friedman and even Paul Krugman.
Says that -- security is the Ponzi scheme.
And it's a rip off of young people and it represents a redistribution of income.
From young people to older people because a young people will never see a dime of Social -- -- be bankrupt by the time they retired.
-- -- -- -- young people yeah I just a minute guys I read.
An opinion of mine something that the president talked about yesterday with respect to kids in crumbling schools.
Not we should expect them to do their best to me this is a mindset that's the mindset.
That that is says OK you don't do well it's acceptable -- try hard it's acceptable if you speak ebonics is not your fault.
Do you sense that the country's sliding in that direction.
Aspect that is we're making excuses for people.
You find students in countries in other places around the world is such as -- Switzerland such as Japan.
That don't spend that nearly as much on education and their students run rings around the American stones.
And and I think that is very tragic for.
For black students that is the average black kid with the high school diploma can read and write and do -- As a white -- in the seventh or eighth grade.
It's nothing but fraudulent education and people are using its -- such -- buildings and computers.
As as the reason why we have -- bad education United States and yet you.
You know this whole notion of some sort of social justice seems to be sweeping not just our country but the world.
Even though we see social that the socialism collapsing in Europe but for MI -- web just got back from Israel He saw big campaign.
All welfare state on Sunday.
Thousand church we had a guest speaker Al Sharpton and He talked about.
What why why isn't that were so fixated on on sort of leveling the playing filled in a way that makes -- people who are successful.
Taking from them rather than improving the people who need the most improvement.
-- -- Well I I think that social justices.
Our key what I earn and you keep what I what you learn and if I want to I'll give you a little bit of what -- If you look at the eight the a huge fiscal problems around the world.
At the root of these problems whether its United States England Portugal Greece at the -- is the government.
Money that they did not earn.
And that's that's the cause of all the problems and if you bet you could correct them if you -- Government stop giving people money that they did not -- that is the government is in the business.
Of taking from some people live sports and intimidation and giving it to others -- of it does not belong and -- that is government does things that we would condemn a private person as an ordinary low down respectable thing but doing the same thing.
So we've got the election coming up and to your point.
This might be the ultimate referendum might think on on your point in other words we can't have -- limited.
Unemployment benefits paid out we can have a record amount of people of food stamps and definitely.
Do you think the American people -- willing to say okay it's time that to.
-- Kerry based in work you know these Christian Judeo nation we really do care for a fellow citizen.
But the smart thing maybe sometimes has to say no you think America's ready to make that statement.
I I don't know and if we're not ready we're going to go down the troops now are believed then help bring our fellow man in a and I think reaching into one's own pockets to help one's fellow man in need.
It's -- where in the and -- reaching in the somebody else's pockets to help once element in need.
Is worthy of condemnation and for the Christians among us when god gave Moses the commandment.
Thou shalt not steal.
He did not mean that thou shalt not steal -- get a majority vote in congress.
However -- live -- there.
Thank you very much words of -- that -- old Walter Williams of George mason university and author of race and economics how much can be blamed on discrimination we appreciate your time.
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