Friday, April 11, 2014

Lunch


The following short but humorous story will make you smile. And surprise … it relates to government and budgets

An elderly king laid on his deathbed. He was very ill, but wanted to die as the wisest man in the world. So, he called his advisors to his bedside and instructed them to go out and bring back all of the wisdom in the world for him to read before his death.

His advisors returned a few days later with 1,000 books. The king was dismayed. “I don’t have time to read all of these, I won’t live that long.” So, he sent his advisors back into the world to gather condensed wisdom.

They returned a week later. This time they had only 100 books.

Again, the king was dismayed. “I’m very ill, and do not have the strength to read even 100 books.” Again, he sent them into the world.

They returned a week later, and were exuberant. “Your majesty,” they proclaimed, “we have reduced all of the wisdom in the world into one simple sentence.”

“Quickly.” said the king, “Tell me.”

His chief advisor approached the bed, leaned toward the king and whispered, “Your majesty, there’s no free lunch.”

The moral of the story is self-evident. As each of us looks within ourselves to decide what we expect from our government, we need to remember this pearl of wisdom.

Every spending decision has consequences. Every short-term increase in spending must be offset by an equivalent cut elsewhere. Otherwise, taxes will need to be raised.

Most importantly, bigger government means fewer freedoms.

Why?

You know the answer … Because there’s no free lunch.

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