
At the dizzying height of Food Stamp Nation, with some $80 billion a year spent just on food assistance, and a government of unprecedented size and power aggressively recruiting new dependents, how do we still have so many people living in such deep poverty?
by John Hayward19 Nov 2015, 2:39 PM PST0

Sowell’s thesis is that many factors explain unequal outcomes, contrary to left-wing dogma that rich people get rich by exploiting the hapless poor, an “injustice” the State must redress through income redistribution. Nothing remains of “income inequality” rhetoric and redistribution socialism by the time the last page is turned. It’s a relatively short book, but remarkably thorough.
by John Hayward5 Oct 2015, 7:51 AM PST0

On July 30, 1965, President Lyndon Johnson signed Medicare into law and enrolled former President Harry Truman as its first beneficiary. But today, federal unfunded liabilities are catastrophic for future taxpayers and economic growth. The US Debt Clock lists federal unfunded liabilities at $97 trillion. That equals about $818 thousand per taxpayer; about three times average U.S. net worth; and 131 percent of world GDP.
by Chriss W. Street11 Jun 2015, 4:15 AM PST0