Saturday, April 09, 2011

Why Are People So Forgiving of Government Failure? - Christopher Westley - Mises Daily

Why Are People So Forgiving of Government Failure? - Christopher Westley - Mises Daily: "However, if you were born in the Eighties you have a problem. The numbers fall off a cliff if you are between 30 and 40 years old today. In only 13% of the possible scenarios you will get what you are currently expecting from SS. If you were born after 1990 you simply have no statistical chance of getting what you are paying for.[10]

Krasting thinks the end result will be age warfare, as younger generations realize they are being forced to pay for the fiscal irresponsibility of previous generations. The youths with whom I come into contact are as mad as hell — at least those who have studied the issue. University of Nottingham economist Kevin Dowd, in a speech to young people about the welfare-state promises for which they will spend the rest of their working lives paying, asked the question, 'Do you want a life of toil and slavery, followed by ultimate destitution, or do you want to stand up for yourselves and fight for the chance of a decent life? It's your choice.'"

"Social Security is a microcosm of politicians' tendency to let short-term political benefits blind them to the economic problems inherent in welfare and warfare programs."

Campaign For Liberty — States with no income tax see growth in 2010

Campaign For Liberty — States with no income tax see growth in 2010: "The eight states with no state income tax grew 18 percent in the last decade. The other states (including the District of Columbia) grew just 8 percent.

The 22 states with right-to-work laws grew 15 percent in the last decade. The other states grew just 6 percent.

The 16 states where collective bargaining with public employees is not required grew 15 percent in the last decade. The other states grew 7 percent."

Campaign For Liberty — Paul Ryan vs. Obama vs. Rand Paul

Campaign For Liberty — Paul Ryan vs. Obama vs. Rand Paul: "If your senator or representative claims to be a fiscal conservative, yet doesn't support Rand's budget because he cuts this or that, challenge them to introduce their own budget - one that takes place during the time they're in office so they can be rewarded or held accountible for how it turns out."