This video of a Fox News interview with Professor Jack Chambless comes via Casey Research:

It’s no surprise what most students want. Everything, free.

It is a surprise that there is an economics professor in an American university who does not teach them to want and expect all that. (We’ll overlook the “God-given right” bit – we’re pretty sure Hayek never said it.)

They want the government to supply them with everything To redistribute wealth for their benefit. Which is to say, they want socialism.

Socialism has caused the economic collapse of European states, yet about half the voters in America, to judge by current polls, want to emulate them.

In connection with the video and this theme, David Galland writes at Casey Research:

The global trend toward a resurgence in public demand for socialism in response to a worsening crisis is a certainty.

How could it be otherwise when for decades now the schooling of children has been delegated to functionaries of the state? 

– Which is the main reason why there should be no state-provided, state-run education.

For evidence, look no further than the screen swipe here. It is a quote from an essay by a college student in the United States on role the government should play:

There in one sentence are a bundle of beliefs and values that Ayn Rand rightly loathed and despised. They pave the road to ruin.

The writer of those words was a member of a Valencia University economics class. The professor, Jack Chambless, asked the class to write an essay on what the American dream means to them, and what they want the federal government to do to help them achieve that dream. Out of 180 students participating, only about 10% wanted the government to leave them alone and not tax them too much, but a whopping 80% wanted the government to provide pretty much the whole dream thing wrapped in a tidy bow – including free college tuition and health care, jobs, even the down payment on their future homes, money for retirement and hard cash, taken in the form of taxes from rich people.

And that is Obama’s economic policy.