The greatest moral hazard in American life is politics.
Many of you probably remember 2012 GOP presidential nominee Mitt Romney being secretly recorded by a Democratic operative telling donors that “47% of the people who will vote for the president no matter what” because they are “dependent upon government … believe that they are victims … believe the government has a responsibility to care for them … these are people who pay no income tax.”
Even I could have told you that accusing half the electorate of being a bunch of moochers was a bad idea. Coming from a fat cat like Romney, it reeked of snobbery.
Also, Romney happened to be correct.
And what he said then is even truer today. But in contemporary politics, asking citizens to pay for their own life is an act of self-immolation.
In a recent Gallup poll, an amazing 9 in 10 young women support…
