From the Associated Press:
The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama’s watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.
Census figures for 2009 — the recession-ravaged first year of the Democrat’s presidency — are to be released in the coming week, and demographers expect grim findings…
Time to surrender in the War on Poverty and start trying to fight and win the War for Wealth. We should not think in terms of ending poverty, but of increasing the amount of wealth to the point where even the poor in America are the envy of the world.
To do this, we’ll have to ditch a whole bunch of policies which, in the end, do nothing but subsidize squalor. Polices which give money without requiring work; which allow people to engage in non-productive enterprises; which clog wealth generation with taxes and regulation.
Our policies should be geared towards making, mining and growing things – and should be also set so that the individual or the small, local group has a shot at competing against the behemoth corporations. This isn’t just about money – we can print up trillions and make everyone a millionaire tomorrow – but about spreading the means to create wealth to the largest number of individuals and groups.
America is the land of plenty. We are positively slopping over with the means to create wealth – all we need do is show the will to use it.
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