Political Quotes

Jack Kingston: I want to throw something in. I was an economics major in college. I did my senior year term paper on the Russian…

On the recordMarch 9, 1994
I want to throw something in. I was an economics major in college. I did my senior year term paper on the Russian agriculture system. I wish I could remember all the statistics, but the Government collective farms, which basically the farmers of Russia had to give all their food to the Government, they allowed the individual farmers to keep or, excuse me, to use 25 percent of their land for their own food production. It turned out, on that 25 percent of the land that the farmers would keep all their production on, that produced more crops than the entire 75 percent in the system that went to the Government. The point is that if people are using their own money, they have a motive to keep whatever is leftover for a college education, long-term health care, they will be a lot more careful than what is happening right now, where insurance companies are going in there and you have bureaucrats spending their money. American consumers know how to spend their money a heck of a lot better than we do in Washington.
Said by
Jack Kingston
Georgia

Editor's note · Context

Discussing the efficiency of individual versus government-managed agriculture systems.

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