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income inequality

The Democrats debate: ‘Tax and spend. Here we go again’

WASHINGTON, Oct. 15, 2015 − Watching the Democratic presidential debate Tuesday, one couldn’t help noting that all the candidates were offering voters a continuation of the Obama administration’s failed policies of the past seven years. Tuesday’s spectacle was reminiscent of a debate held 35 years ago, on Oct. 28, 1980. Then-candidate for president Ronald Reagan listened ...

U.S. income gap keeps increasing. Are we headed for a plutocracy?

MONTGOMERY VILLAGE, Md., June 10, 2015 − We keep reading about all the income inequality in our country. Every day we see statistics massaged every which way to tell us that a minority keeps on getting richer as the poor are getting poorer. Meanwhile, the middle class keeps losing ground. Are we heading for a society consisting of a few ...

Thomas Piketty and Karl Marx – Right analysis, wrong conclusions

WASHINGTON, April 22, 2014 — “Capital in the Twenty-first Century,” a recently released book by French economist and Social Democrat Thomas Piketty, has caused quite a stir in the economics profession. Mr. Piketty’s analysis of historical data is similar to what Karl Marx observed some 160 years ago. Both authors come to the conclusion that Capitalism ...

Income inequality and big government

The market cannot do its job and take its course with crony capitalism interfering in the name of government on a constant basis. President Obama sank billions into failed energy companies, and President Bush sank billions into Wall Street bailouts. The answer to this recession which was caused by big government is not more big government, it is less.

Dissecting the State of the Union Address

Sadly, in his speech, the President of the United States does not seem to understand certain fundamental American ideals. The people of this country do not exist as a community to increase the standing of our nation within the global community, instead the government exists to assist the people of the United States to increase their own personal standing to the greatest individual limit possible.