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Quote of the Day: Decision-Making - Ricochet.com

“It would be hard to think of a more ridiculous way to make decisions than to transfer those decisions to third parties who pay no price for being wrong. Yet that is what at least half of the bright ideas of the political left amount to.” – Thomas Sowell

Although Thomas Sowell wrote this years (perhaps decades) ago, it is more relevant today than when he wrote it. We have had our noses rubbed in the consequences of transferring important decisions to third parties who pay no price for being wrong for nearly ten years — certainly since January 2009 when the American people inaugurated a government for experts, of experts, and by experts. Since then, they have made dozens of faulty decisions, for which others paid the price of the “experts” being wrong. The third-party deciders suffer no consequences except occasionally being promoted.

There is nothing more dangerous than putting your wealth, your livelihood, and your health in the hands of third parties who have no skin in the game when their decisions go wrong. And yet when things go wrong, that is what most career politicians suggest as the fix.

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