Everybody knows that our welfare system is horribly costly. The question we must now ask ourselves is, is it immoral, too? A welfare system becomes immoral when it provides financial incentives to the recipient to avoid getting a job,when it promotes … [Read more...] about WELFARE
TAIWAN’S PROSPERITY
The most striking lesson in the world today between freedom and slavery, between prosperity and privation, is the contrast between free China on Taiwan and Red China on the Mainland. Both countries are populated and governed by people of the same … [Read more...] about TAIWAN’S PROSPERITY
FEDERAL HOUSING
Congress passed the Housing Act of 1949 to the accompaniment of high-flown phrases about government’s duty to provide "a decent home and suitable living environment for every American family." The slogan "urban renewal" conjured up visions of … [Read more...] about FEDERAL HOUSING
COST OF SOCIAL SECURITY
Of all Government programs, the most immune from Congressional criticism is Social Security. When a Congressman is tempted to suggest improvements, he is stopped in his tracks by the memory of what happened to Barry Goldwater in 1964. For suggesting … [Read more...] about COST OF SOCIAL SECURITY
EXPORTING U.S. JOBS
Jobs are created when private industry and individuals make a capital investment. The reason why American citizens enjoy such a high standard of living is that the free enterprise system has resulted in a higher capital investment per worker than in … [Read more...] about EXPORTING U.S. JOBS
What’s Going On In Congress? — June 1974
CAMPAIGN FINANCING
Some months ago, Common Cause came out with a report on political campaigns which concluded that the two parties which compete in every Congressional election are not, contrary to what most people think, the Republican and the Democratic parties, but … [Read more...] about CAMPAIGN FINANCING
POLICY TOWARD CASTRO
For the past several weeks, the Spanish-language press in the United States has been buzzing with speculation and comment about a murder near Miami which, strangely, has gone almost unnoticed by the regular news media. On the Thursday before Easter, … [Read more...] about POLICY TOWARD CASTRO
THE FEDERAL RESERVE
Vice President Gerald Ford recently endorsed high interest rates at a bankers' meeting at White Sulphur Springs, Virginia. He said that the fight against inflation "requires a restrictive monetary policy that means, among other things, the discipline … [Read more...] about THE FEDERAL RESERVE
LAND USE PLANNING ACT
The largest single investment the average individual makes in a lifetime is usually a home to live in. The right to buy, use, enjoy, sell, or leave this home to a spouse and children is sanctified by law and essential to what we call the American way … [Read more...] about LAND USE PLANNING ACT