Why the Poor Need a Fair Wage, Not a Fair Share

Statistics can be misleading. And when it comes to the poor, statistics aren’t just misleading—they can be manipulative. You’ve probably heard a good bit about the poor getting a fair share of the wealth, as if wealth is a pie and everyone deserves the same size piece. You’ll hear how the rich need to pay their fair share of taxes, too. I agree the rich need to pay their fair share of taxes. It would be fair if their share was the same as everyone else’s. It’s not. And I guess in one Read more […]

US No Longer in Top 10 of Most Economically Free Countries

The Wall Street Journal and the Heritage Foundation released their 2014 Index of Economic Freedom, and, unsurprising to most of us, the United States has dropped out of the top ten most economically free countries. This is due in part to our escalating economic regulations and out-of-control debt, but it also has to do with growing freedoms in other parts of the world. The Wall Street Journal reports: The most improved players are in Eastern Europe, including Estonia, Lithuania and the Czech Republic. Read more […]