This is the other side of the equation. Failure is the inherent risk of life.
This is the side that socialists, liberals, and the dregs of society attempt to whisk out of reality via denial. Simply ignoring the pain or the results of bad choices/decisions does not remove it from the reality of the universe.
Capitalism is the answer. However, all those who ignore their own individual responsibility label it as cruel and evil. To them it is evil, for true capitalism reserves the right to payout failure when it is earned.
Everyone has the right to be wrong and Washington wants this right to be nullified by socialistic programs such as unemployment, universal health care and corporate bailouts.
Follow the logic: if failure is not handed out as payment when earned, how does one make better choices in the future? How does a person grow and learn if the pain of failure is never an option?
This is what Adam Smith called a “moral hazard.” Inevitably, the “invisible hand” bitch-slaps those who steal, cheat, and make the wrong choices in life. Take it from someone who learned this first hand, no pun intended.
-- Lache
