Howie Carr writing today in the Boston Herald: Mitt Romney’s only mistake was lumping together all of the 47 percent who don’t pay income taxes. A lot of them are elderly, and many of them are voting for Mitt. And … Continue reading
Each year, the United States spends $65,000 per poor family to “fight poverty” — in a country in which the average family income is just under $50,000. Meanwhile, most of that money goes to middle-class and upper-middle-class families, and the … Continue reading
Free enterprise offers the most happiness, freedom and prosperity to the most people. It is also despised by politicians because it limits their power, and by most businessmen because it limits their ability to set their prices and forces them … Continue reading
But if not everyone can be rich, wouldn’t it be better that some can be rich than that none can? Imagine two very different types of countries or societies, one where there is a more or less permanent and relatively … Continue reading
ST. LOUIS FED PRESIDENT SAYS “BAD LUCK” RESPONSIBLE FOR ECONOMY From CNBC Squawk Box: JAMES BULLARD: The economy, I think 2011, you know, I think the chairman said maybe obliquely, but it’s a bit of bad luck in 2011, I … Continue reading
Capitalism is the best system because it’s based on human nature being intractable and universal; it assumes people will act according to their natures, and we are all driven by our nature to seek the advancement of our own self … Continue reading
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always … Continue reading