Last year the United States celebrated the 50th anniversary of the War on Poverty begun by LBJ in 1964. Over that time the country has spent approximately $40 trillion on welfare and redistribution programs of one sort or another – and that number doesn’t include expenditures for Social Security or Medicare. The program started out… Read more »
Posts Tagged: welfare
Now that Barack Obama’s first six years are over it might be nice to see what he has wrought, and compare him to another iconic president, Ronald Reagan. When Barack Obama took office in 2009 65.7% of Americans were participating in the laborforce. (This is called the Labor Force Participation Rate – LFPR – which… Read more »
Next to families, communities are perhaps the single most important part of American life. Communities are made up of the places we shop, the churches we attend, and perhaps most importantly where we live. Aside from where we work, our homes are probably the places where we spend the most time. It’s at home where… Read more »
Last week the Bureau of Labor Statistics released a report that said that the labor force participation rate (LFPR) dropped to 63.6%, the lowest rate since Jimmy Carter was in office. Essentially that means that of the population of 16 year and older, 37.4% of them decided not to work or not to seek work…. Read more »
The Journal News in New York took it upon itself to publish a list of legal gun owners and found itself in the cross hairs of outrage. So much so that the editors felt they had to hire armed guards for their own protection. Additionally, a list of the names and addresses of those working… Read more »
America is now poised to enjoy the fruits of what has been a demand from the left for over a quarter century: Government mandated socialized medicine. There have always been three main arguments behind that drive: 1) Everyone has a right to free healthcare. 2) Fairness 3) We’re paying for it anyway. As usual, the… Read more »
The United States was built on the backs of hard working people. From pilgrims who survived an ocean’s journey and founded a colony at Plymouth to slaves who endured the blistering sun as they harvested cotton to settlers who braved temperatures, terrain and Indians to fulfill a Manifest Destiny, the United States was the product… Read more »
Imagine what you could do with three quarters of a trillion dollars. You might buy a new house, maybe a new car and maybe even take a trip to Hawaii or Australia.
Seriously, what can $750 billion accomplish? Well, that all depends on who’s spending the money.
According to the Congressional Research Service the federal government spent $745 billion in 2011 on welfare payments.
President Reagan spends some time in Utah visiting theLDS Welfare system and learning how it works. Here’sa photo with him and the former (center) and current LDS Church Presidents (right). With the selection of Mitt Romney as the Republican nominee for the office of President of the United States, a lot of attention has come… Read more »
As I think about the election in November, I can’t help but think about Matt Ridley and his outstanding book “The Rational Optimist – How Prosperity Evolves”. In it he chronicles the evolution of human society and demonstrates a perfect understanding of why nations fail: