Archive for the ‘Income Inequality’ Category

Occupy the SEC

February 16, 2012

Occupy the SEC.

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Krugman, Human Weakness, and Desert, Bryan Caplan | EconLog | Library of Economics and Liberty

February 15, 2012

My comment on Bryan Caplan’s article:

PJR writes:

Why do people (republicans & libertarians) object to government money flowing to poor people who are obviously “irresponsible”?

(1) Is it because they believe that their taxes would be lower if the government stopped helping out the “welfare queens”?

Elimination of welfare (the money that goes to the poor, irresponsible people but not the money that goes to the elderly)will not solve the deficit problem. So if that is how they are looking to lower their taxes, then they need to search elsewhere.

(2) Or are they morally opposed to lazy, irresponsible people getting money from the government?

Moral opposition to lazy, irresponsible people receiving money from the government is not a bad thing. However, lurking in the moral opposition to welfare is an unstated presumption that poor means “lazy and irresponsible.” In the midst of our middle class comforts we have forgotten “[to] not judge a person until you have walked a mile in their shoes.”

via Krugman, Human Weakness, and Desert, Bryan Caplan | EconLog | Library of Economics and Liberty.

Tax the Rich

February 15, 2012

Is the White Working Class Coming Apart?—David Frum – The Daily Beast

February 9, 2012

A conservative bashing a truly ignorant conservative. Best line.

As I looked backward and forward in time, however, I had to face this awkward fact: America became more culturally stable between 1910 and 1960 as it became less economically and socially libertarian. As it became more economically and socially libertarian after 1970, America became culturally less stable:

“The greatest generation was also the statist generation. Like them or loathe them, the middle decades of the twentieth century were an entirely anomalous period in American history. Never had the state been so strong, never had people submitted as uncomplainingly, never had the country been more economically equal, never had it been more ethnically homogeneous, seldom was its political consensus more overpowering.”

via Is the White Working Class Coming Apart?—David Frum – The Daily Beast.

Click here to read Part 2 

Click here to read Part 3

Click here to read Part 4.