There goes the hood. No matter what you do, modern liberals will tell you you're wrong. For decades, liberals complained that American society is segregated because rich, white people don't want to live in ethnically mixed neighborhoods. Sometimes, liberals had a point. From the 1930s to 1960s, as rich white people moved into New York City, urban ... MORE
Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts
Tyler Durden: Alan Greenspan Is Warning Of A Significant Market Event; Predicts Gold To Go Measurably Higher
"Something big is going to happen." With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic ... MORE
We're Number 2! China Tops America As Largest Economy
by Brett Arends. Another dividend of hope and change. Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The Chinese economy just overtook the United States economy to become ... MORE
Labels:
China,
economics,
GDP,
military,
monetary,
politics,
production,
prosperity,
statistics,
wealth
The Typical Household, Now Worth a Third Less
by Anna Bernasek. Economic
inequality in the United States has been receiving a lot of attention.
But it’s not merely an issue of the rich getting richer. The typical
American household has been getting poorer, too. The
inflation-adjusted net worth for the typical household was $87,992 in
2003. Ten years later, it was only $56,335, or a 36 % ... MORE
Walter E Williams: Economic Freedom
Another thing Obama fails to understand. A couple of years ago, President Barack Obama, speaking on the economy, told an audience in Osawatomie, Kansas: "'The market will take care of everything,' they tell us. ... But here's the problem: It doesn't work. It has never worked. ... I mean, understand, it's not as if we haven't tried this theory." ... MORE
Jaana Woceshyn: Income Levels Is Not A Social Issue
Don't take your eye off the ball. I have resisted writing about the perceived problem of inequality in income and wealth; Thomas Piketty’s book, Capital in the 21st Century, has received too much unjustified attention already. But I gave in because I think what I have to add to the debate helps in rejecting Piketty’s argument that ... MORE
Labels:
capitalism,
incomes,
inequality,
politicians,
production,
prosperity,
society,
trade,
wealth
U.S. To Become Bigger Oil Producer Than Saudi Arabia
The glory of fracking. Hector Gallegos sits in the cab of his pick-up enjoying a few hours of calm. A day earlier, workers finished carting off the huge rig that had drilled three new wells beneath this small patch of south Texas farmland and he’s now getting ready to prime them for production. He reckons that about three weeks from now ... MORE
Michael Goodwin: Rich Taxpayers Are Shrugging New York
DeBlasio is driving out city's source of wealth. Money — it’s the root of all evil. Behind every great fortune lies a great crime. Or at least an unfair advantage. That’s the gist of the liberals’ creed and justification for their war on wealth. The other half of their view holds that the poor are innocent victims of life’s rigged game. Their ... MORE
Labels:
charter schools,
government,
incentives,
inheritance,
liberalism,
prosperity,
rich,
tax,
wealth
John Hood: Laboratories For Prosperity
Confirmation of free-market principles. Over the past three decades, America's state and local governments have experienced a large and underappreciated divergence. Some places, usually but not always led by Republicans, have become friendlier to free enterprise. Other places, usually but not always led by Democrats, have become ... MORE
Labels:
economics,
free market,
government,
growth,
local,
policy,
politics,
principles,
states,
wealth
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