Politicians reflect moral rot. During last year's budget negotiation meetings, President Barack Obama told House Speaker John Boehner, "We don't have a spending problem." When Boehner responded with "But, Mr. President, we have a very serious spending problem," Obama replied, "I'm getting tired of hearing you say that." ... MORE
Showing posts with label redistribution. Show all posts
Showing posts with label redistribution. Show all posts
Walter E Williams: Spending And Morality
Politicians reflect moral rot. During last year's budget negotiation meetings, President Barack Obama told House Speaker John Boehner, "We don't have a spending problem." When Boehner responded with "But, Mr. President, we have a very serious spending problem," Obama replied, "I'm getting tired of hearing you say that." ... MOREIncome Redistribution About Votes, Not Helping The Poor
by Jeffrey Dorfman. Everyone knows the famous Chinese proverb: Give a man a fish and you have fed him for a day; teach a man to fish and you have fed him for a lifetime. So why does the federal government spend so much money on giving away fish and so little on teaching people how to fish? Because Democrats want people to depend on ... MOREIncome Redistribution's Logical Conclusion Is Communism
by Jeffrey Dorfman. Income inequality is dominating the economic news cycle at the moment with multiple stories about rising income inequality, the need to raise the minimum wage, and anecdotal stories designed to make the more fortunate feel sorry for the less so. There are, however, two big problems with this narrative. First, most of the ... MOREThomas Sowell: The 'Trickle-Down' Lie
Introducing the Big Apple's new lyin' king. New York's new mayor, Bill de Blasio, in his inaugural speech, denounced people "on the far right" who "continue to preach the virtue of trickle-down economics." According to Mayor de Blasio, "They believe that the way to move forward is to give more to the most fortunate, and that somehow the ... MOREGiving Free Money Is Better Than The Welfare State
Matthew Feeney on a guaranteed income. The Swiss are set to vote on whether their country should introduce a basic national income of 2,500 Swiss Francs ($2,800) a month for every adult, regardless of their salary or net worth. A date for the vote has yet to be announced. Without the Swiss proposal being attached to drastic welfare reforms ... MOREImagine If President Obama Ran Disneyworld
by Jeffrey Dorfman. The federal government is moving closer and closer to taking control of the entire health care sector. It already controls close to half of all health care transactions and it might reach two-thirds soon. The federal government has also
expanded its role regulating and controlling the food industry, the
automobile ... MORE
How ObamaCare Rips Off The 'Young Healthies'
by Carl Schramm, WSJ. When ObamaCare is under attack, its defenders retreat to several well-worn claims. Among them is a provision that compels insurance companies to allow parents to keep their "children" ages of 21 to 26 on their family policies. Yet this part of the Affordable Care Act was not engineered in response to any ... MOREGary Jason: Young Frogs Hop To New Ponds
A recent story concerning the French youth is fascinating. It reports that a poll conducted by the leftist newspaper Le Monde shows that the French are not happy with their socialist government. Seventy percent now believe that taxes are too high, and 80% hold that President Hollande's economic policies are on the wrong track. And 54% ... MOREWalter E Williams: Is There A Way Out?
The inevitable road of legalized theft. According to a recent Fox News poll, 73 percent of Americans are dissatisfied with the direction of the country, up 20 points from 2012. Americans sense that there’s a lot going wrong in our nation, but most don’t have a clue about the true nature of our problem. If they had a clue, most would have little ... MOREIRS Paid Out $110 Billion In EITC To The Unqualified
One in five dollars squandered on improper payments. The Internal Revenue Service has paid out more than $110 billion in tax credits over the past decade to people who didn't qualify for them, a Treasury report has revealed. The Earned Income Tax Credits were intended for poor working families but the report showed that one in five ... MORE
Sheldon H. Danziger: The Mismeasure Of Poverty
We are officially losers in the war on poverty. THE Census Bureau reported yesterday that the poverty rate in America
held stable between 2011 and 2012, at about 15 percent. According to the
official measure, poverty today is higher than it was in 1973, when it reached a historical low of 11.1 percent. To many, this dismaying fact ... MORE W A Beatty: What John Adams Foretold Has Come True
Obama ushers in the 2nd president's dire prediction. John Adams, in 1787, said: Property is surely a right of mankind as really as liberty. ... but the time would not be long before courage and enterprise would come, and pretexts be invented by degrees, ... in sharing it equally with its present possessors. Debts would be abolished first; ... MOREThomas Sowell: Words That Replace Thought
In doing so, they turn smart people into morons. If there is ever a contest for words that substitute for
thought, “diversity” should be recognized as the undisputed world
champion. You don’t need a speck of evidence, or a single step of logic,
when you rhapsodize about the supposed benefits of diversity. The
very idea of testing this ... MOREBrian Vanyo: Unsustainable And Unconstitutional Spending
General welfare and political pandering. According to deficit forecasts in President Barack Obama's latest budget, the national debt will surpass $20 trillion by 2016. If this occurs (and it is almost certain to occur), then Obama will add more to the national debt during his presidency than all prior presidents combined, despite ... MORE
Subscribe to:
Posts (Atom)