Political Quotes

Bob Schaffer: Money follows freedom. That is true almost no matter what we are talking about, whether we are talking about the…

On the recordMay 22, 2002
Money follows freedom. That is true almost no matter what we are talking about, whether we are talking about the leadership of countries. If we look around the world, those countries that have a heavy, autocratic, bureaucratic system of rules and no property rights, they have a very difficult time keeping their economies afloat. Those countries that have made the reforms toward property ownership, toward real liberty and freedom for their citizens begin to see capital being created within those countries. Here in the United States, our capitalist system of competition and freedom has resulted in wealth creation beyond anyone's wildest dreams, and in the history of human civilization. The same is true in education. If we can begin to cut the strings and the red tape and the restrictions that are associated with school money, we will see more of it generated, and that is our goal. The current system, for all the things that people see in that as beneficial, the fact remains that at the end of the day, for every dollar spent, approximately 60 cents makes it to a child. What we are talking about is a freedom-based model of education tax credits wherein, under our proposal, for every dollar that it costs the government, $2 makes it to a child. We do not have to be rocket scientists to figure out this is a great bargain for the government, a great bargain for the taxpayer, and it is a better bargain for the student.
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Bob Schaffer

Editor's note · Context

Discussing the relationship between freedom, economic growth, and education funding.

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