The Electoral College Still Makes Sense Because We’re Not A Democracy

What appears to deprive the populace of its power to decide a president is the very mechanism that preserves its power. The Electoral College works that way because the United States isn’t a pure democracy.

Source: The Electoral College Still Makes Sense Because We’re Not A Democracy

Immigration Controversies – Thomas Sowell

Sowell

Thomas Sowell

Despite controversies that rage over immigration, it is hard to see how anyone could be either for or against immigrants in general.

Both in the present and in the past, some immigrant groups have made great contributions to American society, and others have contributed mainly to the welfare rolls and the prisons. Nor is this situation unique to the United States. The same has been true of Sweden and of other countries in Europe and elsewhere.

Sweden was, for a long time, one of the most ethnically homogeneous countries in the world. As of 1940, only about one percent of the Swedish population were immigrants. Even as the proportion of immigrants increased over the years, as late as 1970 90 percent of foreign-born persons in Sweden had been born in other Scandinavian countries or in Western Europe.

These immigrants were usually well-educated, and often had higher labor force participation rates and lower unemployment rates than the native Swedes. That all began to change as the growing number of immigrants came increasingly from the Middle East, with Iraqis becoming the largest immigrant group in Sweden.

This changing trend was accompanied by a sharply increased use of the government’s “social assistance” program, from 6 percent in the pre-1976 era to 41 percent in the 1996-1999 period. But, even in this later period, fewer than 7 percent of the immigrants from Scandinavia and Western Europe used “social assistance,” while 44 percent of the immigrants from the Middle East used that welfare state benefit.

Immigrants, who were by this time 16 percent of Sweden’s population, had become 51 percent of the long-term unemployed and 57 percent of the people receiving welfare payments. The proportion of foreigners in prison was 5 times their proportion in the population of the country.

Source: Immigration Controversies – Thomas Sowell

Hillary Clinton, Willie Sutton, and Class-Warfare Tax Policy | International Liberty

I don’t want to imply that there’s some moral equivalence between Hillary Clinton and Willie Sutton. Perish the thought!

After all, I’m sure Willie Sutton never expected gratitude from his victims.

If I had to summarize my views on fiscal policy in just two sentences, here’s what I would say.

  1. Government spending undermines growth by diverting labor and capital from more productive uses to less productive uses.
  2. Tax rates on productive economic behaviors such as work, saving, investment, and entrepreneurship should be as low as possible.

Since innovation, risk-taking, investment, entrepreneurship, and hard work are the keys to long-run growth, it certainly seems that the tax code shouldn’t be punishing those things.

She (Hillary) wants voters to adopt and us-vs-them mentality, so she demonizes successful people and implies that their wealth is somehow illegitimate.
In part, she is perpetuating the traditional leftist myth that the economy is a fixed pie and that the rest of us have less because someone like Bill Gates has more.

Source: Hillary Clinton, Willie Sutton, and Class-Warfare Tax Policy | International Liberty

Death of the Great Laboratory of Clinical Medical Science – Private Practice

gianoli-0x150

Dr. Gerald Gianoli

People may ask, “How is it that no one in the UK-NHS was able to help her, but a guy in private practice in Louisiana could?” Such people have been conditioned to believe that government or universities are the sole source of innovation. This is far removed from reality.

Throughout the last 70 years, the U.S. has been the greatest mover and shaker in the world of medicine. Most major medical innovations have either been born or significantly developed here. And, many of the major innovations have come from small private practices—certainly not from the government. Innovative changes do not come from out of our universities—they come from individuals who work at our universities. However, true radical, transformative innovations have often come from private practices.

 

by Gerard J. Gianoli, M.D. http://EarAndBalance.net Free-market capitalism has brought unimaginable innovations to mankind in the last 200 years, more so than any other economic system in the history of the world: airplanes, telephones, personal…

Source: Death of the Great Laboratory of Clinical Medical Science – Private Practice

What’s Fair? – John Stossel – Page full

download (15)

John Stossel

Politicians constantly find crises they will solve by increasing government power. But why is inequality a crisis?

Alexis Goldstein, of a group called The Other 98 percent, complains that corporations got richer but workers’ wages “are lower than they’ve been in 65 years.”

That’s a common refrain, but it’s wrong. Over the past 30 years, CBO data shows that the average income of the poorest fifth of Americans is up by 49 percent. That doesn’t include all the innovations that have dramatically improved everyone’s life. Today even the poorest Americans have comforts and lifespans that kings didn’t have a century ago.

George Mason University economist Garett Jones says, “If I was going to be in the bottom fifth in the America of today versus the bottom fifth of America in 1970 or 1960, it’s hard to imagine that anybody would take that time machine into the past.”

And despite America’s lousy government schools and regulations that make it tough to start a business, there is still economic mobility. Poor people don’t have to stay poor. Sixty-four percent of those born in the poorest fifth of the U.S. population move out of that quintile. Eleven percent of them rise all the way to the top, according to economists at Harvard and Berkeley. Most of the billionaires atop the Forbes richest list weren’t  rich. They got rich by innovating.

via What’s Fair? – John Stossel – Page full.