The Fallacy Of Government Intervention

SEE HERE The reality is that if you want to screw things up just get the government involved.  They are masters of it.  Thomas Sowell points out the obvious, well the obvious to those who are students of history.  The government has actually made downturns in the economy longer and more severe.  A better policy in objective empirical directly observable terms is to quit messing with the economy and just go about legitimate government business and things would right themselves without all the "help". 

At one place I worked we had a lot of bureaucrats who were dedicated to helping the programs by various interventions which invariably made the programs more inefficient, more overloaded with paperwork to make useless reports that no one ever read or did anything about.  But at the culmination of the programs we would always say: "Thanks for all the help."  It was a joke among the program managers because no one actually thought they had been helped.  Well government is just like that and virtually for the same reasons.  They are well intended or at least put on the image of being so, but their interventions always make things go badly.  The lessons of history are that we'd be much better off without all the help.