I'm big on free markets. Honestly. I want competition. The North Carolina General Assembly just passed a resolution that is alleged to increase competition -- but as usual, that's just a lie.

The House just passed a bill that would remove a 1929 prohibition on STATE-RUN Universities competing with private businesses. So now the tax dollars paid by businesses to the state can be used by the state to put that very same business out of business.

You see, government cannot compete. Government, by it's very definition, is not a free market. Government, when creating goods and services, does not follow the rules of a free market. They do not adjust to supply and demand. They do not even need to make a profit because they exist based on forced taxpayer funds. So this process can completely eliminate all private business in North Carolina, were it to be taken to it's logical conclusion.

Allegedly the authors of the bill tried to mitigate this process by including a panel to "ensure the universities aren't taking away profits from local businesses or selling the goods that they already provide." So all the university has to do is beat another business to the market and they automatically get a government-sponsored monopoly.

I just wonder why the Democrats in the North Carolina Legislature (that's who passed this bill) hate private business so much. Why do they despise progress and freedom and attempt to destroy it every chance they get?

Posted by: Ogre at 05:31 AM | No Comments | Add Comment
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