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Sanity Zone 12-16-2012 Moral Hazard

Posted 12-19-2012 at 02:30 PM by xan

Our country is losing its way. We vote ourselves benefits and perks and earmarks while simultaneously foisting the bill on someone else, justifying it by using the theory that the intellectually and philosophically superior society is better off with those provisions. Its insidiousness has led to a culture of moral hazard.

Moral Hazard is the term used to describe behaviors an individual or group takes knowing that the consequences of those behaviors will be "paid" for by...
xan
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