Why Is Government Deliberately Pacifying The Poor And Punishing Real Work?

Zero Hedge produced a couple of eye-opening charts, showing the “welfare cliffs” that make it tempting to not work and the dramatic fall in the labor participation rate among men. You should take a look at them. It substantiates a point Zero Hedge made awhile back: We realize that this is a painful topic in a country in which the issue of welfare benefits, and cutting (or not) the spending side of the fiscal cliff, have become the two most sensitive social topics. Alas, none of that changes Read more […]

Trillion-Dollar Student Loan Industry to be Bailed Out by Taxpayers

The government’s problem-reaction-solution strategy to buy votes was summed up best by the late libertarian Harry Browne: “The government is good at one thing. It knows how to break your legs, and then hand you a crutch and say, ‘See if it weren’t for the government, you wouldn’t be able to walk.’” The government deliberately causes problems in order to elicit their desired reaction from the public and then offers their “solutions” that will inevitably earn politicians the undeserved Read more […]