Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Magic Numbers in Politics: Part II (Thomas Sowell)
Creators Syndictae ^ | October 13, 2009 | Thomas Sowell

Posted on 10/13/2009 5:00:26 PM PDT by jazusamo

It is understandable that many people do not pay nearly as much attention to political issues as they do to practical decisions that they have to make in their own lives. For one thing, they have only one vote among millions, so their influence on what policies the government will follow is in no way comparable to the weight of their decisions in their own personal affairs.

One consequence is that politicians can get away with half-baked arguments that people would never accept in their personal lives, where they apply a lot more scrutiny.

People who would never let some high-pressure salesman rush them into signing a contract to buy a car, before they have a chance to read the contract, may see nothing wrong with a President of the United States trying to rush Congress into passing a thousand-page bill before anybody has a chance to read it all.

Numbers, as well as words, get more scrutiny in private life than in political issues. Politicians love to cite magic numbers that are supposed to tell us whether some policy is a "good thing" or not. By sheer repetition, it is claimed that bigger numbers mean better results, whether the number is the percentage of families that own their own homes or the miles per gallon that automobiles get.

Administrations of both political parties, going back as far as the 1920s, have from time to time pushed the idea that a higher percentage of people owning their own homes is a "good thing," completely ignoring such repercussions as rising foreclosure rates in the wake of extending mortgage loans to people who are unlikely to be able to keep up the payments.

One of the other magic numbers that is popular in politics is the average miles per gallon of gas that cars are supposed to get, in order to meet standards set by the government. No matter how big this number gets, it can always get bigger, so there is no logical stopping place— which means a never-ending political crusade to increase that magic number.

The open-endedness of magic numbers is not their only problem. The more fundamental problem is that the costs entailed by a magic number are often either ignored or downplayed. More miles per gallon, for example, are usually achieved by having lighter cars— and lighter cars mean less protection from the consequences of automobile accidents. Bluntly, it means more severe injuries and death.

Many of the same people who protest against "trading blood for oil" when it comes to military interventions in the Middle East seem not to see that higher miles per gallon can also mean trading blood for oil.

The magic number du jour is the number of Americans without health insurance. Apparently getting more people insured is another "good thing"— which is to say, it is something whose costs are not to be weighed against the benefits, or whose costs are to be finessed aside with optimistic projections or a claim that these costs can be covered by eliminating "waste, fraud and abuse."

In real life, people weigh one thing against another. But in politics one declares one thing to be imperative, so the issue then becomes how we do it. In real life, all sorts of desirable things are not done, either because of other desirable things that would have to be sacrificed to do it or because of the dangers incurred in achieving the desired objective are worse than the problem we want to solve.

Almost never are the dangers of having uninsured people weighed against the dangers of having government bureaucrats over-ruling doctors and deciding whether money would be better spent saving the life of an elderly person or paying for an abortion for some teenager.

The crowning irony is that the problems caused by insurance companies refusing to pay for certain medications or treatment are to be solved by giving government bureaucrats that same power, along with the power to prevent patients from using their own money to pay for those same medications or treatments.

More than two centuries ago, Edmund Burke said, "Nothing is good but in proportion"— that is, when weighed as a trade-off. But a prudent weighing of trade-offs does not produce the political melodrama of pursuing a "good thing" measured by some magic number.


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS: sowell; thomassowell

1 posted on 10/13/2009 5:00:26 PM PDT by jazusamo
[ Post Reply | Private Reply | View Replies]

To: abigail2; Amalie; American Quilter; arthurus; awelliott; Bahbah; bamahead; Battle Axe; ...
*PING*
Thomas Sowell

Photobucket - Video and Image Hosting

Recent columns
Magic Numbers In Politics
Random Thoughts
A Letter from a Child

Please FReepmail me if you would like to be added to, or removed from, the Thomas Sowell ping list…

2 posted on 10/13/2009 5:03:10 PM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All
Please bump the Freepathon and donate if you haven’t done so!

3 posted on 10/13/2009 5:04:03 PM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
[ Post Reply | Private Reply | To 2 | View Replies]

To: jazusamo

I wish Thomas Sowell could live forever. If only he could have been our first African-American president.


4 posted on 10/13/2009 5:17:33 PM PDT by appleharvey
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

Thanks for the ping jaz.


5 posted on 10/13/2009 6:46:35 PM PDT by rockinqsranch (Dems, Libs, Socialists...Call 'em What you Will, They ALL have Fairies Living In Their Trees.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: appleharvey
>"If only he could have been our first African-American president."

Technically that is still possible.

When pres--ent without ID, gets green carded, it's fair game again.

I'd vote TS in a spit second.

They're gonna try and shove Jhindal down our "racist" throats though, I fear.

6 posted on 10/13/2009 6:57:00 PM PDT by rawcatslyentist (Ifanationexpects tobe ignorantandfree,inastateofcivilization,itexpects whatneverwas andnever will be)
[ Post Reply | Private Reply | To 4 | View Replies]

To: rawcatslyentist

BUMP!


7 posted on 10/13/2009 7:10:14 PM PDT by Publius6961 (Â…he's not America, he's an employee who hasn't risen to minimal expectations.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: jazusamo
The magic number du jour is the number of Americans without health insurance. Apparently getting more people insured is another "good thing"— which is to say, it is something whose costs are not to be weighed against the benefits, or whose costs are to be finessed aside with optimistic projections or a claim that these costs can be covered by eliminating "waste, fraud and abuse."
Bump.

8 posted on 10/13/2009 7:15:03 PM PDT by conservatism_IS_compassion (SPENDING without representation is tyranny. To represent us you have to READ THE BILLS.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo
Thomas Sowell is a true national treasure. The only reason he doesn't receive the recognition he deserves is because the communist fringe media are flaming racists, and can't bear the thought of an independent, intellectually superior black man who rejects the culture of sloth and entitlement forced on "his people" by the elite commie white Klansmen.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

9 posted on 10/13/2009 7:37:30 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo
deciding whether money would be better spent saving the life of an elderly person or paying for an abortion for some teenager.

in the cult of death, this is known as a 'twofer'...

10 posted on 10/13/2009 7:51:28 PM PDT by Gilbo_3 (Gov is not reason; not eloquent; its force... Like fire, a dangerous servant & master. GW)
[ Post Reply | Private Reply | To 2 | View Replies]

To: jazusamo

First the commons became public land, the land became parks and fees were enacted to maintain “nature;” when that failed the decision was made to turn public land into public trusts and convert user fees into general fund upkeep through added taxes; now the public use is being systematically curtailed and the people huddled into sustainable corridors and centers; soon these corridors will be curved in upon themselves and only established ghettoes will remain while the public trusts will be become the unapproachable frontiers.


11 posted on 10/13/2009 8:03:50 PM PDT by Old Professer (The critic writes with rapier pen, dips it twice, then writes again.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

He should be awarded the Nobel prize for common sense. On second that, call it something else, maybe the Freidman prize. I don’t want to insult the good professor.


12 posted on 10/14/2009 8:10:51 AM PDT by SupplySider
[ Post Reply | Private Reply | To 1 | View Replies]

To: SupplySider

“that” should be “thought”. Sorry.


13 posted on 10/14/2009 8:12:44 AM PDT by SupplySider
[ Post Reply | Private Reply | To 12 | View Replies]

To: SupplySider

Yes he should and an excellent suggestion for us to have a Freidman award.

It’s a shame the panel for the Nobel Peace prize have made the award into a laughable thing and it reflects on the balance of them when it really shouldn’t.


14 posted on 10/14/2009 8:30:16 AM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
[ Post Reply | Private Reply | To 12 | View Replies]

To: jazusamo
Every young economist should aspire to be another Thomas Sowell.

Friedman, Hayek, and Misses were guiding lights for freedom loving intellectuals in their day. Now it is Thomas Sowell who tries to defend freedom against socialism. They were all exceptional thinkers, each distinctive in his own way. They all relied on economic reasoning, and reasoning in general. But I think Sowell leads the way in amassing pertinent historical material to support his arguments.

15 posted on 10/14/2009 11:08:55 AM PDT by ChessExpert (The unemployment rate was 4.5% when Democrats took control of Congress. What is it today?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChessExpert
But I think Sowell leads the way in amassing pertinent historical material to support his arguments.

Well said and Dr. Sowell is extremely adept at writing in a manner that's easily understood.

16 posted on 10/14/2009 11:16:22 AM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
[ Post Reply | Private Reply | To 15 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson