Showing posts with label standard of living. Show all posts
Showing posts with label standard of living. Show all posts

VIDEO: Government's War On Living Standards


Peter Schiff compares earnings and purchasing power from 1947. 

VIDEO: Working 9 To 5 (Obamacare Remix)

50 Reasons This Is The Greatest Period In History

by Morgan House.       Other than losing our liberties, life is good. I recently talked to a doctor who retired after a 30-year career. I asked him how much medicine had changed during the three decades he practiced. "Oh, tremendously," he said. He listed off a dozen examples. Deaths from heart disease and stroke are way down. Cancer survival rates    ... MORE

Barry Farber: The Latest Marxism In America

Spotlighting Obama's 'The Good Life = less income' claim. Her father stuck his tongue out at her and aggressively allowed her big sister every advantage. He even threatened to strike her with his cane. He once forced her to display her “first bra” at the dinner table. And what was her major complaint about him at the end? He wanted her  ... MORE

Roger Kimball: The Evils Of Capitalism

There is a link between limited government and prosperity. What’s the one thing everyone knows about capitalism?  Why, that it started out as a mean, nasty tool of greedy industrialists. “The Industrial Revolution,” we all learned, was a terrible Moloch that devoured children, put profits before people, and though it made great fortunes      ... MORE

Ronald Bailey: The President Is Wrong On Inequality

It is not the "defining challenge of our time."      Are the rich getting richer? Yes. Are the poor getting poorer? No. In fact, over the past 35 years most Americans got richer. Has income inequality increased in the United States? Yes. Does it matter? Well, President Barack Obama thinks so. In a December speech at the Center for American     ... MORE

National Review: The Fifty Year War On Poverty

Great for Democrats, not-so-good for the poor.    This year marks the 50th anniversary of President Lyndon Baines Johnson’s proclamation of a “war on poverty,” and the progress in this theater has not been encouraging.  Trillions of dollars have been spent, and the number of Americans living in poverty is higher today than it was ... MORE

Walter E Williams: The Pope And Capitalism

Economic theories that are far from divine.     Pope Francis, in his apostolic exhortation, levied charges against free market capitalism, denying that "economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world" and concluding that "this opinion   ... has never been   ... MORE

Ira Stoll: Obama's Bogus Case For A "Decent Wage"

The president's latest bad economic idea.     President Obama’s high-wage vision of the American economy could make a consumer’s typical shopping trip nearly five times more expensive. Think that’s an exaggeration? Obama promised recently that for the “remainder of his presidency” he would focus his energy on “asking our businesses  ... MORE

Thomas Sowell - The Mindset Of The Left (Part II)

Promoting envy and a sense of grievance.    The political left has long claimed the role of protector of "the poor." It is one of their central moral claims to political power. But how valid is this claim? Leaders of the left in many countries have promoted policies that enable the poor to be more comfortable in their poverty. But that raises a           ... MORE

John Stossel: Live Free Or Move

Voting with your feet.      Forty-three million Americans moved from one state to another between 1995 and 2010 — about one-seventh of Americans. It's good that we can move! Moving provides one of the few limits on the megalomania of state bureaucrats. Americans have moved away from high-taxed, heavily regulated states to lower-taxed,   ... MORE

Benjamin Powell: Bangladesh Sweatshops Improve Lives

The reality is counterintuitive.     U.S. companies are rethinking whether to continue sourcing garments from Bangladesh in the wake of the tragic collapse of the Rana Plaza garment factory that killed hundreds of workers on April 25.  If they do so, most Bangladeshi garment workers will be worse off than they are today.      ... MORE

Grover Norquist: One Hundred Years Of Tax Servitude

Happy birthday: The income tax is now 100 years old. In 1913, the 16th Amendment to the Constitution was ratified by three-fourths of the then-48 states. Stop me if you have heard this one, but the federal income tax was pushed by progressives who felt the rich should pay their fair share. They promised that only really rich people would have  ... MORE

How Free Markets And Ingenuity Can Save The Planet

by Ronald Bailey.    “We are a plague on the Earth. It’s coming home to roost over the next 50 years or so,” warned the famed British television naturalist David Attenborough in the January Radio Times. He added: “It’s not just climate change; it’s sheer space, places to grow food for this enormous horde. Either we limit our population growth or the       ... MORE

One Of The World's Most Impoverishing Commands

by Yaron Brook and Don Watkins.       “Give back.” That’s the message sent to successful businessmen. You built a company? You made a lot of money? Fine. Now it’s time for you to use the money you’ve made to do some real good in the world. Apparently, creating our modern standard of living and our modern lifespan doesn’t count.           ... MORE