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Blog: Tom Cross's hope for change to Obamacare - http://t.co/g6OFzp73 #atr ^
May 22, 2012 10:41 AM
joshuaculling -
ATR Urges North Carolina Legislators to Reject Anti-Free Enterprise Protectionism http://t.co/RIg4ejSB
May 22, 2012 10:17 AM
taxreformer -
ATR Releases 2012 List of State Taxpayer Protection Pledge Signers for May 22 Primaries http://t.co/maSodrTt
May 21, 2012 01:18 PM
taxreformer -
Senate Should Reject Importation of Foreign Price Controls on Rx Medicines http://t.co/ogZvZ0Yq
May 21, 2012 12:05 PM
taxreformer -
ATR Urges Illinois GOP Leaders to Stick to their Word on Tax Hikes http://t.co/XrCYJId0
May 21, 2012 10:17 AM
taxreformer -
In a @fxnopinion op-ed, @GroverNorquist urges Congress to bypass Obama and approve the Keystone pipeline http://t.co/43heBQhh ^
May 21, 2012 10:15 AM
ChrisPrandoni -
Blog: ATR urges Illinois GOP Leadership to stick to their word on tax hikes - http://t.co/FenLjInR #atr ^
May 21, 2012 10:12 AM
joshuaculling -
The Post Mortem on Maryland’s Special Tax Hike Session http://t.co/6nFjgjfF
May 18, 2012 04:18 PM
taxreformer -
What Tax Hikes Does Beth Anne Rankin (@BethAnneRankin) Support? http://t.co/dBs5DuV2 #AR04
May 18, 2012 03:23 PM
taxreformer -
What Tax Hikes Does Beth Anne Rankin Support? http://t.co/92cfRfYF
May 18, 2012 03:03 PM
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Capitalism: It Works
Stephen Horwitz, Professor of Economics at St. Lawrence University, recently discussed how rising real wages, along with a dramatic reduction in costs, have considerably cut the work time needed to buy products, demonstrating how capitalism helps the poor keep getting richer:
As he notes, however, this understates the case, as it does not account for increases in the quality of goods. A color TV now is considerably better than a color TV in 1973.
The overall lesson is clear: lives for Americans below the poverty line continue to get better in terms of what they are able to put in their households and have to make use of everyday. And do note that the average American household in 2005 was doing much better than its 1971 counterpart. MUCH better - and this doesn't even count medical advances and the like. So whatever one hears about stagnating wages and the like, the bottom line is ultimately what we can afford to buy and have in our households to improve our lives. By those measures, life for the average American is better today than 35 years ago, life for poor Americans is much better than it was 35 years ago, and poor Americans today largely live better than the average American did 35 years ago.
Capitalism & freedom: they work after all.
(H/T Club Troppo)
