From Cato.
Excerpts:
"For the first time since 1999, Americans have seen an increase in the amount of money in their pockets,"
Looks like the effects of the Clinton Recession have FINALLY been overcome.
"Poverty fell and remained lower in 2005 than at any point in the 17 years leading up to welfare reform. But as Congress kept expanding government health programs, health insurance and health care have grown less affordable, as reflected by the growing number of Americans without health insurance."
"Contrary to a common misimpression, there is no clear evidence of increased income inequality in the Census data. The percentage of pretax income earned by the top 5 percent, for example, has fluctuated insignificantly from 21 to 22 percent ever since the Census adopted new sampling methods in 1993."
So much for the Standard Lefty Talking Points on these items.
Not that this revelation will stop the Dems from playing the predictable class/income/race card, even though it's demonstrably fraudulent.
Money is the lifeblood of the powerful and the chains and key to human enslavement
ReplyDeleteHello Bubba,
There is a radical and highly effective solution to all of our economic problems that will dramatically simplify, streamline, and revitalize human civilization. It will eliminate all poverty and the vast majority of crime, material inequality, deception, and injustice. It will also eliminate the underlying causes of most conflicts, while preventing evil scoundrels and their cabals from deceiving, deluding, and bedeviling humanity, ever again. It will likewise eliminate the primary barriers to solving global warming, pollution, and the many evils that result from corporate greed and control of natural and societal resources. That solution is to simply eliminate money from the human equation, thereby replacing the current system of greed, exploitation, and institutionalized coercion with freewill cooperation, just laws based on verifiable wisdom, and societal goals targeted at benefiting all, not just a self-chosen and abominably greedy few.
We can now thank millennia of political, monetary, and religious leaders for proving, beyond any shadow of a doubt, that top-down, hierarchical governance is absolute folly and foolishness. Even representative democracy, that great promise of the past, was easily and readily subverted to enslave us all, thanks to money and those that secretly control and deceptively manipulate all currencies and economies. Is there any doubt anymore that entrusting politics and money to solve humanity's problems is delusion of the highest order? Is there any doubt that permitting political and corporate leaders to control the lives of billions has resulted in great evil?
Here's a real hot potato! Eat it up, digest it, and then feed it's bones to the hungry...
Most people have no idea that the common-denominator math of all the world's currencies forms an endless loop that generates debt faster than we can ever generate the value to pay for it. This obscured and purposeful math-logic trap at the center of all banking, currencies, and economies is the root cause of poverty. Those who rule this world through fear and deception strive constantly to hide this fact, while pretending to seek solutions to poverty and human struggle. Any who would scoff at this analysis have simply failed to do the math, even though it is based on a simple common-denominator ratio.
Read more here...