Category Archive: Government’s War on the Poor

Feb 04

Tens of Thousands of Seniors Now Live as Low-Wage Nomads in RVs, Vans and Trailers

If you save anything in modern America you are an utter fool. Near-zero interest rates, high taxation, central-banking-driven inflation and other government policies have robbed an entire generation of wealth in their later years. Social Security further robs the poor of their nest eggs, incentivising people to save less, invest less, and work fewer total …

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Jan 16

Socialist California Leads Nation in Poverty

Years of high taxes, overregulation, and cops everywhere have taken their toll on California. The state now leads the U.S. in rates and numbers of people living in poverty. See here. (This is true even though the State has the most social workers, biggest welfare programs and biggest wealth-redistribution operations.) The State also has the …

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Dec 26

United ‘first class’ seats are now mostly reserved for government employees–and higher-level government officials apparently bump lower level government workers to ‘economy’ seating as needed

As private-sector Americans struggle for existence, government officials and workers continue to gain wealth and privilege. Here is a story published in the London Daily Mail (U.S. ‘mainstream’ news outlets have ignored it) about a school teacher who purchased a first-class seat on a United flight. The school teacher was told before the flight that …

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Dec 10

Hundreds of thousands flee socialist Venezuela, to start over with nothing.

Socialism is a curse that one should wish only on a hated enemy. Governments invariably promise cradle-to-grave safety, support and security but deliver only violence, misery and impoverishment. Yesterday’s New York Times detailed how Venezuelans in need of medicine must suffer early deaths or flee to other countries for survival. They were promised government (‘single …

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Nov 16

The world’s richest 1 % now own half the world’s wealth due to overregulation

Government regulations are essentially a wealth redistribution program from the poor to the rich. Those in poverty increasingly find themselves trapped by licensing and other regulatory barriers. In the 1950s, only one in 20 U.S. workers needed the government’s permission to pursue their chosen occupation. Today, that figure stands at almost one in three. See …

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Nov 12

The cycle of poverty under total government

Michael DiFrancesco, a 22-year-old man from Bozeman, Montana, never had a chance. In 2009, DiFrancesco was convicted of being a minor in possession of alcohol and fined $185. He was ordered to pay for and complete a substance abuse course, neither of which he could afford. DiFrancesco’s driver license was later suspended due to the …

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Oct 23

U.S. Life Expectancy Declining under Cradle-to-Grave Government

by Roger Roots, founder of Lysander Spooner University Governments want their subjects sick, weak, scared and dependent. Every generation of Americans has seen its life expectancy improve. Until now. A new Bloomberg News report finds that Today’s Americans are retiring later, dying sooner and sicker in-between. Social Security alone has incentivized millions of Americans to …

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Aug 27

Only 19 percent of wage gains from minimum wage increases go to families in poverty

Trusters of government often claim that government-imposed minimum wages help the poor. But research has shown that minimum wage laws harm the poor by completely locking them out of the bottom rungs of the economy. Minimum wage laws cause unemployment rates to increase, especially among the poorest and most desperate Americans. Only 19 percent of …

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Aug 24

77 percent of Americans live paycheck to paycheck.

Whenever government expands, people become impoverished, dependent, sick, weak, diseased, trapped, and less mobile in every sense. CBS Moneywatch has released a report indicating that “[a]lmost 8 out of 10 American workers say they live paycheck to paycheck.” Government taxes, regulations and central banking savagely punish savers, so most Americans save little or nothing. Studies …

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Aug 09

Venezuelan minimum wage was raised 108,000 % in 20 years, yet today, “Anyone in Venezuela would be happy to eat out of American trashcans”

Venezuelan economist Raefael Acevedo recently addressed the Mises Institute. See here. Between 1999 and 2017, said Acevedo, the Venezuelan minimum wage was raised 38 times: a 108,000 % increase. Yet “[a]nyone in Venezuela would be happy to eat out of American trashcans.”

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