Fewer Workers, More Beneficiaries, Less Prosperity

By Bill Bonner – Re-Blogged from http://www.davidstockmanscontracorner.com

In politics and economics, most people believe what isn’t true: that the common folk select their leaders … and that these leaders are wiser than God.

We recall an early experiment. The pilgrims washed up in the wrong place … and then proceeded to almost exterminate themselves with clumsy central planning. Their system discouraged work and encouraged zombies. Wrote Plymouth County governor William Bradford:

 [The system of] taking away of property and bringing [it] into a commonwealth [caused] confusion and discontent [and] retarded much employment that would have been to benefit and comfort [of the settlers].

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Federal Budget in Pictures

Federal Spending and Debt are Out of Control – Re-Blogged From http://www.heritage.org

If America does not change course, the future will be dramatically worse. Now more than ever, it is crucial that Americans understand what our nation’s spending, taxes, and debt mean for them and their families. The Heritage Foundation’s Federal Budget in Pictures offers a unique tool to learn about the federal budget in a clear and compelling way.

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