Posts Tagged 'wealth gap'

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The Land of the Walking Dead

The Land of the Walking Dead

Imagine a land with 47 million people who can’t afford food on their table. A new apocalypse movie blockbuster? It’s worse than that … it’s the United States of America — today. We have become The Land of the Walking Dead.

The Weekly Standard revealed that the United States Department of Agriculture “quietly released new statistics related to the food stamps program, officially known as SNAP (the Supplemental Nutrition Assistance Program). The numbers reveal, in 2012, the food stamps program was ...

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22
MAR
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Raising the Minimum Wage Brings Minimum Benefits

Raising the Minimum Wage Brings Minimum Benefits

The president made the case during his most recent State of the Union address that the way to prosperity was to raise the federal minimum wage to $9 an hour by 2015, from $7.25, where it has been since 2009. The rationale is that raising the minimum wage would help the middle class and businesses alike.

If that were the case, how do we explain the fact that since the federal minimum wage was instituted in 1938, it has been raised ...

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15
MAR
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A Wealth Gap or a Crisis of Confidence?

A Wealth Gap or a Crisis of Confidence?

Winston Churchill once wrote: “You don’t make the poor richer by making the rich poorer.”

If he were sitting in the House chamber during President Barack Obama’s State of the Union Address, Churchill would have been flabbergasted by the contention that a “wealth gap” was the cause of the nation’s woes.

It’s not a wealth gap that is slowing recovery – it’s a crisis of confidence in Obama’s ability to lead the nation.

Some of history’s most accomplished leaders, like Churchill, got their ...

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