Part 7/10:
A poignant observation in the commentary is how younger individuals—those without substantial financial responsibilities—support expansive social programs and policies that may not be sustainable. Smith analogizes that giving young people control over financial decisions is akin to children running a household—lacking the experience needed for responsible decision-making.
He criticizes promises of free transportation, groceries, and social services as potentially virtuous but ultimately unrealistic. The projection is that these programs, if implemented without adequate funding, would lead to rationing, shortages, and increased bureaucracy, weakening the city's economic fabric.