Oct 13
A 1996 Rand study authored by Constantijn Panis and Lee Lillard found that the average Black male loses approximately $10,000 to Social Security over his lifetime. Because Blacks have lower average life expectancy than whites, most of this money is transferred to white people. Social Security ranks second only to the institution of slavery as …
Oct 10
Trusters of the state often decry the gap between the rich and the poor and call for socialist policies to cure this allegedly growing gap. Specifically, they demand ever-more taxation and wealth redistribution, along with greater and greater levels of regulation on industry. But those very policies are the CHIEF REASON why the poor cannot …
Oct 09
The USA Today reported in 2011 that statistically, federal employees are more likely to die than to be fired or laid off. The federal government fires only about one-half of one percent of its workers annually–compared to the the private sector, which fires about 3% of workers annually. “White-collar federal workers,” the USA Today reported, …
Sep 29
Thomas Sowell: “nobody has done more to make housing unaffordable than [government officials proclaiming a desire to make housing affordable].” “A recent survey,” says Sowell, “showed that the average monthly rent for a one-bedroom apartment in San Francisco was just over $3,500. Some people are paying $1,800 a month just to rent a bunk bed …
Sep 27
A case study in how the government-supporting media report business news through the lens of government. This weekend, dozens of prominent newspapers (including the Bozeman Daily Chronicle) reprinted an Associated Press (AP) story entitled “Side Effects: Lack of regulation, competition, research costs increase prescription drug costs in the U.S.” See the Minneapolis Star Tribune’s republication …
Sep 26
Haters of capitalism routinely invoke the specter of “income inequality” and talk often of the gap between rich and poor. Yet never is that gap larger than in socialist countries which have driven out capitalism. Witness North Korea, where government leaders reside in palaces surrounded by fearful starving servants. Or witness socialist Cuba under Fidel …
Sep 25
Publicly Owned universities are premised on two arguments: (1) that such schools meet the needs of the poor in ways that private schools do not, and (2) that such schools allow more free exchange of ideas in ways that private (often religious) schools do not. Both claims have been shattered by known data. Government colleges …
Sep 25
Government’s slave-plantation-healthcare agenda continues. The Affordable Care Act has now triggered insurance rate hikes of between 22 and 34 percent in a single year for Montanans. See here.
Sep 24
by Roger Roots All of us know that government officials love to pad their government temples of power with gleaming marble, oak and precious metals. I remember the first time I ever argued a case at the U.S. 8th Circuit Court of Appeals in St. Louis. Upon first seeing the government building, I almost vomited …
Sep 22
Government trusters seeking to further socialize America, to raise taxes even further, to abolish (private-sector) money in politics, and further empower government must conceal certain discomforting facts. Government workers are paid at least one-and-one-half-times what private workers are paid for the same work. (In fact, careful analysis which factors in vacation time and benefits shows …
