The Difference Between California and Texas – THIS IS PERFECT
California’s new Governor Gavin Newsom went jogging on the Pacific Coast Trail one day with his dog.
All of a sudden! Out of nowhere! A wolf jumps out and attacks and kills the governor’s dog. The wolf then bites Newsom on the leg.
Governor Newsom starts to intervene. But then he quietly remembers the movie “Bambi”. He decides to stop because the wolf is only doing what is natural.
He calls animal control. Animal Control captures the wolf and bills the state $400 testing it for diseases and $1,000 for relocating it.
Gavin then calls a veterinarian. The vet collects the dead dog and bills the state $600 for testing it for diseases.
The governor goes to the hospital and spends $7,500 getting checked for diseases from the wolf and on getting his bite wound bandaged.
The running trail gets shut down for one year while Fish & Game conducts a $300,000 survey to make sure the area is now free of dangerous animals.
The governor spends $50,000 in state funds implementing a “wolf awareness program” for residents of the area. The State Legislature spends $8 million to study how to better treat rabies and how to permanently eradicate disease throughout the world.
The governor’s security agent is fired for not stopping the attack. The state spends $1,050,000 to hire and train a new agent with additional special training re: the nature of wolves.
PETA protests the wolf’s relocation and files a $10 million lawsuit against the state.
Now this is how is would happen in Texas!
The governor of Texas is jogging with his dog along a nature trail. A wolf jumps out and attacks his dog.
The governor shoots the wolf with his state issued pistol and keeps jogging.
The governor has spent $0.50 on a .45 ACP hollow point cartridge.
The buzzards eat the dead wolf.
And that, my friends, is why California is broke and Texas is not.
While it is a joke, there is a lot of truth to it.
Ronald Reagan said famously “The nine most terrifying words in the English language are: I’m from the government and I’m here to help”
Government always mucks things up! Beyond the waste, fraud and abuse, the government cannot micromanage.
Milton Friedman stated, “Almost all government programs are started with good intentions, but when you look at what they actually achieve, there is a general rule. Almost every such program has results that are the opposite of the intentions of the well-meaning people who originally backed it.”
It never works out correctly and the joke explains why.
Unfortunately, government cannot resist the temptation to interfere with the free market through a variety of mechanisms. Subsidizes, rent control, interest rate setting and many other schemes all accomplish the same thing: They fundamentally break the price discovery mechanism of the free market and, in all cases, necessarily lead to inefficiencies and exacerbate problems.
Left to its own devices, the free market system has an amazing ability to respond to shortages or surpluses in an agile manner. Further, since no oversight or intervention is needed, this system incurs no overhead costs and does not require a wealth sucking bureaucracy.