Showing posts with label equalization. Show all posts
Showing posts with label equalization. Show all posts

Sunday, August 26, 2012

John Robson on equalization fraud

Make It Go Away:
Equalization makes us poorer, encourages bad policy and fosters bitterness. Unfortunately we can’t just take it out behind the barn and kill it with an axe. ...
Not to mention that it's fraudulent:
Satirist P.J. O’Rourke says, “Beyond a certain point complexity is fraud … when someone creates a system in which you can’t tell whether or not you’re being fooled, you’re being fooled.” So take Canada’s multi-billion-dollar equalization program … please. It’s so complicated even experts have trouble with it, and regular citizens are excluded completely.
... equalization is arbitrary. Devised with theologian Soren Kierkegaard's "covetous eye on the outcome," it provides dense technical cover for political shenanigans involving billions of dollars.
This much complexity is fraud, plain and simple.