I’ve previously explained that the federal government should have no role in housing and that the Department of Housing and Urban Development should be abolished.
If I haven’t convinced you, then you should watch this powerful video from the folks at Reason TV.
What an outrage.
Politicians create a program, claiming that they will help the less fortunate. But as is so often the case, it’s a scam that winds up hurting poor people and instead lines the pockets of politically connected rich people.
Using the coercive power of government to redistribute from rich to poor is economically misguided. Using the coercive power of government to redistribute from poor to rich is far worse – a combination of bad economic policy and complete moral depravity.