Category Archive: Government’s War on the Poor

Nov 03

Overpaid government ‘workers’ are bankrupting major cities

America has moved toward becoming a feudal society like the tyrannical fiefdoms of yesteryear, with private households mired in poverty, debt and hopelessness while those in government live like kings (pun intended). The average federal ‘worker’ is paid about twice what a worker in the private sector would make doing the same type of job. …

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Oct 26

“Affordable Care Act” incentivizes poverty

“If you like your current plan, you will be able to keep it,” said President Obama. “Let me repeat that: If you like your plan, you will be able to keep it,” he said. This week, the Kaiser Family Foundation released an analysis of the Obamacare insurance exchanges that indicates there will be five states …

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Oct 24

Growing numbers of poor Americans find retirement elusive; they must work till they die

Sad story from the Associated Press. America has become a two-tiered society, with those in power pampered in luxury while those without government positions live lives of poverty. For years, the U.S. government has punished savers, entrepreneurs and investors. Social Security, for example, takes money from people’s paychecks during periods when they most need money …

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Oct 14

Starving Venezuelan prisoners kill, dismember and eat a fellow inmate

Socialism is a curse that should be wished only on a hated enemy. As Venezuela plunges deeper into socialist terror, poverty and malnutrition, there are now reports that 40 Venezuelan prisoners killed, dismembered and ate an inmate. See here.

Oct 09

Poorer households suffer more from government regulations than do richer households

A new study finds that poorer households spend a higher proportion of their incomes on more heavily regulated goods. Consequently, the costs of regulations falls disproportionately on the poor. See here. The study, entitled “How Do Federal Regulations Affect Consumer Prices? An Analysis of the Regressive Effects of Regulation,” was authored by Dustin Chambers and …

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Oct 09

7 in 10 Americans have less than $1,000 in savings

If you save anything in modern America, you are an utter fool. The U.S. government has been punishing savers for years. A variety of government programs punish savers: For example, near-zero percent interest rates (which disincentivize saving and incentivize borrowing), and the Social Security and Medicare programs (which incentivize early ‘retirement,’ and convince millions of …

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Oct 02

Minnesota medical insurance poised to skyrocket in cost

The “Affordable Care Act” was enacted by Congress in 2010 with claims that it would bring average savings of $2,500 per year per household. It has actually caused health care prices to explode faster than Medicare and Medicaid did. In Minnesota, average premium prices are set to increase by 50 % to 67% in 2017. …

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Sep 29

The percentage of Americans identifying as “middle class” has plummeted

An economy may be measured in many ways. But the percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61% average between 2000 and 2008 to 51% today. See here. The reality is even worse: only 20% of American households actually possess the income …

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Aug 27

D.C. Minimum Wage Hike has already Cost 1,400 Jobs

Trusters of government rarely think beyond what Thomas Sowell calls “Stage One.” The District of Columbia–like many regions of the United States–has recently enacted an increased minimum wage for all D.C. workers. Employers must pay them $11.50 per hour. You know, . . . to help the poor. It seems the minimum wage increase has …

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Aug 10

Starving Venezuelans Break into Zoo to Eat Rare Horse

Socialism is a curse that should be wished only on a hated enemy. Just 15 years ago, Venezuela was a rising, thriving, dynamic society. Today, after 15 years of government central planning, men die in the streets fighting over pennies. People drink dirty water. Hookers sell themselves for food scraps. Now there is news that …

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