Commentary One of the essential lessons most of us are taught early in life is the importance of developing a sense of financial responsibility. Work hard to earn a good paycheck. Don’t spend more than you can afford. Save for the future. Eventually, following these steps will land you in a position where you can…
Guaranteed Income: A Slap in the Face to Workers
Commentary Democratic politicians across the United States are pushing for guaranteed monthly cash handouts to the poor. No strings attached. No work required. Taxpayers foot the bill. This scheme, which is already being rolled out in Los Angeles, Chicago, Providence, Rhode Island, Denver, and numerous other cities, needs to be stopped. It’s turning people who…
Xi Jinping’s New Wealth Redistribution Plan Unsettles Investors
Commentary Chinese leader Xi Jinping explained his theory of Politics in Command Economy as creating “a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful.” In a 2016 speech, he told business leaders that in addition to making money, they had to love the motherland and love the Communist Party….
Warren’s Wealth Tax Is Trojan Horse for Socialism
Commentary Like most socialists, Sen. Elizabeth Warren (D-Mass.) is enamored with class warfare and wealth redistribution. Warren’s political career has been predicated on vilifying productive Americans while nurturing a sense of victimhood among the unproductive. Although Warren’s socialist streak probably prevented her from becoming her party’s 2020 presidential nominee, she’s not backing down. In fact,…
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