Category Archive: Government’s War on the Poor

Sep 20

Michigan government makes it harder for hospitals to offer new cancer treatments

Michigan’s government, like governments elsewhere, requires new clinics and hospitals to get government permission before opening or offering new treatments. The State’s “Certificate of Need” Commission determines if a new startup clinic might bring unfair competition to preexisting, entrenched hospitals. (And people wonder why health care costs are so high!) On Thursday, Michigan’s government commission …

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Aug 14

As tax complexity increases, “tax manager” is now the hottest career

The United States grew from a poor fledgling nation in 1789 to become the earth’s most powerful country by the twentieth century. It got there with no income taxes and a very low level of regulatory burdens. But by 2019, the United States is drowning in violent police, regulations, and taxation levels which hover around …

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Aug 14

It has never been harder for the poor to strike it rich

Government regulations are increasingly imprisoning the poor in cages from which there is no escape. An analysis by the Federal Reserve Bank of Cleveland has found that the likelihood of a household rising into the top 10 percent U.S. income bracket from lower brackets has BEEN CUT IN HALF in just the past few years. …

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May 16

Half of Americans are one paycheck from financial disaster

Government policies such as progressive income taxation, central banking and Social Security aggressively punish savers. And year after year, Americans reluctantly submit by saving nothing and investing very little. Now a new Marketwatch report shows that 50 percent or more of Americans are just one paycheck away from serious financial disaster. Roughly two-thirds of households …

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Sep 16

Venezuelan government imposes more minimum wage increases, price controls. Thousands of stores close.

Socialists and government trusters are seeing all of their proposed policy ideas implemented in Venezuela. And the results are predictable. The South American socialist regime has driven out most productive industries. Inflation is way above 200 percent. Starvation and disease are rampant. Basic commodities cannot be found. Millions have fled. Men die in brutal fights …

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Aug 08

Study: Welfare has impoverished millions, poisoned entire communities

“Welfare” in the popular sense originated in the 1960s with President Lyndon Johnson’s “War on Poverty.” By the 1980s, profound research by academics documented that households which accepted welfare payments were WORSE OFF 5 years later compared to similarly-situated households which did not receive welfare “benefits.” (Much of this research was PAID FOR BY THE …

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Jul 30

“Medicare for All” proposal would cost $32.6 TRILLION; require more than doubling of all taxation

The GDP of the U.S.–the total economic output of the country annually–is about $16 trillion annually. (And this is deceptively large because it includes government spending in addition to private spending–and government funds are actually taken (and therefore reduced) from the private sector). A new study predicts that Bernie Sanders’ “Medicare for All” plan would …

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Jul 04

Socialist California has gone from the 5th largest economy in the world to the 7th

Forget the overuse of the terms “liberal” and “democratic.” A more accurate description is pro-government. California’s “leaders” have driven its policies in an extreme pro-government direction for 30 years. One-third of the nation’s welfare recipients are in California, which has only one-eighth of U.S. population. See here. “What Happens When Democrats Run Your State?” California …

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Jun 27

Bozeman Daily Chronicle declares regulations and forced redistribution a “glimmer of hope” for the poor in Big Sky

Under the unlikely headline “Big Sky affordable housing sees glimmer of hope in resort tax funding,” the Bozeman Daily Chronicle printed a bizarre story on June 27. Big Sky is Montana’s wealthiest town–where millionaires ski, golf and recreate and real estate prices are sky high. Prices are high because the town is hemmed in on …

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Jun 27

Electric car programs take money from the poor and give it to the rich –and Americans oppose them by wide margins

Government trusters often promote various “alternative energy” schemes designed to wean society off of fossil fuels. One scheme is to have government pay companies to make electric cars. And to subsidize consumers to purchase said cars. And to pay gas stations to install electric charging stations, etc. American taxpayers have been forced to pay billions …

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