great society

‘Deep Poverty’ and the No-Growth Open-Borders Quagmire

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?

Homeless camp out September 23, 2015, in the skid row section of Los Angeles, California. Mayor Eric Garcetti and City Council members declared public emergency, the first city in the nation to take drastic step in response to increase in homelessness and that they're ready to spend $100 million per …

Book Review: ‘Wealth, Poverty, and Politics’ by Thomas Sowell

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.

Screenshot

Medicare Hits 50 Years Old and Is Broke as a Joke

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.

Medicare (Justin Sullivan / Getty)