There’s an old joke about two guys camping in the woods, when suddenly they see a hungry bear charging over a hill in their direction. One of the guys starts lacing up his sneakers and his friend says, “What are you doing? You can’t outrun a bear.” The other guys says, I don’t have to […]
read more...I’ve shared many charts over the years, but two of the most compelling ones deal with poverty. The numbers in this chart, which are based on Census Bureau data and scholarly studies (see here, here, here, and here), show that the poverty rate was steadily falling in the United States – until the federal government decided to launch a so-called […]
read more...The welfare state is a nightmare. Programs such as Medicaid are fiscal catastrophes. The food stamp program is riddled with waste. The EITC is easily defrauded, even sending checks to prisoners. And housing subsidies are a recipe for the worst forms of social engineering. The entire system should be tossed in the trash. But what’s […]
read more...Obamacare was put together by people who don’t understand economics. This is probably the understatement of the year since I could be referring to many features of the bad law. The higher tax burden on saving and investment, making an anti-growth tax system even worse. The exacerbation of the third-party payer problem, which is the […]
read more...We’re making a tiny bit of progress in the battle against the welfare state. No, policy hasn’t changed yet, but at least there’s growing recognition that maybe, just maybe, it’s not a good idea to pay people not to work. Particularly when you trap them in lives of dependency and despair and undermine progress in […]
read more...About two years ago, I shared a map put together by a pro-statism organization that supposedly showed that welfare benefits were very miserly and not sufficiently generous to lift people out of poverty. My gut instinct was to reject the findings. As I wrote at the time: The poverty line is set considerably above a […]
read more...Back in 2010, I put together a “Moocher Index” as a rough measure of which states had the highest levels of welfare dependency after adjusting for poverty rates. My goal was to answer this question. Is there a greater willingness to sign up for income redistribution programs, all other things being equal, from one state […]
read more...Political cartoonists like Michael Ramirez and Chuck Asay are effective because they convey so much with images. But we need more than clever cartoons if we’re going to educate the general population about how government harms the economy and undermines freedom. And that’s why Thomas Sowell is so invaluable. He’s one of the nation’s top […]
read more...I’m a big fan of Chuck Asay’s political cartoons. My favorite is his nothing-left-to-steal masterpiece. And his tractor cartoon and his regime-uncertainty cartoon are brilliant indictments of Obamanomics. Here’s another classic. It shows the impact of the welfare state on incentives for work, self reliance, and independence. In six cartoon frames, he cleverly explains the economics […]
read more...When we think of Julia, the mythical moocher created by the Obama campaign, our first instinct is probably to grab our wallets and purses. After all, she symbolizes the entitlement mindset, as illustrated by this Ramirez cartoon. But let’s think of this from Julia’s perspective and speculate about what it will mean for her life. […]
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