Who can compete with Uncle Sam?

In 40 years working in television news, and now living on the Upper West Side of Manhattan, I’m surrounded by people who sneer at “profit.”  At Princeton, I was taught that pursuit of profit was largely destructive, and I took that attitude to my consumer reporting. I hated the profits made by the scam artists and demanded that the government step in and do something. But the more reporting I did, the more it dawned on me that the government is often the problem, and that the biggest profit-makers were the ones who served their customers well.

John Stossel, ABC News.

Comments are closed.