The View From 1776
Friday, November 06, 2009
If Obama Really Wanted to Help the Poor
The president’s socialistic income-redistribution paradigm has proved elsewhere to be a formula for economic stagnation or brutal tyranny. The individualistic and self-reliant ethic that brought colonists to North America in the 17th century and led to formation of the United States is much more effective at raising everyone’s living standard, as even the left-wing Brookings Institute advises.