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8 Unbelievable Ways Government Wastes Your Money
2.The Bridge to Nowhere Alaska is pushing forward to build a bridge that will lead to undeveloped land. The project, which has shutdown businesses and leveled homes, is expected to cost anywhere from $1.1 to $1.6 billion. Even though private developers are pushing for the project, it’s the tax payer who is footing the bill….
The Ramifications of a Welfare State
The main problem with welfare such as unemployment benefits, or government handouts, is that it de-capitalizes the productive members of society and capitalizes unproductive members. The productive members are the entrepreneurs. Those who predict what goods consumers will demand in the future and produce them in the present. When the government imposes taxes, it takes…
10 Facts about World Poverty That Will Shock You
Photo by USAID_IMAGES 2. That’s 1 billion people lifted out of acute poverty in the past 20 years! Let’s put in perspective. 1 billion people have been lifted out of extreme poverty in the last 20 years! That’s around 3 times the population of the United States of America. It’s an unfathomably large number of…
Do Sanctions Cause War or Deter It?
At the beginning of the Cold War, George Kennan introduced the idea of “containing” an unfriendly state as part of his work on U.S. policy toward the Soviet Union. Later the idea of containment was implemented in part through the use of economic sanctions. It was based on two assumptions: For both ideological and geopolitical…
Lobbying and the Misconceptions about It
Restricting lobbying would be unconstitutional and wrong. The right to petition our government is an important part of free speech. This is a representative system, after all, and those lobbyists and whomever funds them have a right to have their voices represented. Restricting lobbying would essentially mean destroying the First Amendment. The Supreme Court has…
10 Left Wing Economic Misconceptions
Minimum Wage- What the Left believes: Companies will never pay a fair wage. Increased cost of living means higher salaries are needed to get by. Government needs to mandate this or employees will never get fair salaries. The Truth is: While minimum wage laws attempt to help lower income workers by mandating higher salaries, the…