A Quote by John Hospers
An economy cannot long remain prosperous by government's taxing and spending more, now absorbing national output at a rate equal to the entire income of every American living west of the Mississippi. If this trend continues, America will gradually sink into the status of a Third World nation - more unemployment, more shackles on production, more poverty.
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Sometimes, tax rate increases create the very problems that the spending is intended to cure. In other words, the tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.
The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.
The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.
As more and more Americans own shares of stock, more and more Americans understand that taxing businesses is taxing them. Regulating businesses is taxing them. They ought to be thinking long-term about their ownership, not just their income, and that they should pay taxes on capital, as well as taxes on labor.
Those policies - more taxes, more regulation, more debt, more spending, more government - will make American worse. It just will, in my view.
In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering.
Today we are again witnessing the emergence of transnational elites ... [Whose] ties cut across national boundaries ...It is likely that before long the social elites of most of the more advanced countries will be highly internationalist or globalist in spirit and outlook ... The nation-state is gradually yielding its sovereignty... Further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position.
A national government using New Deal programs and the massive defense spending beginning with World War II and continuing through the Cold War was Johnson's vehicle for expanding the Southern economy and making it, as he hoped, one of the more prosperous regions of the country.
The world is becoming more affluent. We are generating more and more money - so more spending will go on. In the west, we're opening our purses and moths are flying out - but we've got to remember that, in other markets, this is not an issue.
The 'Occupy' movement has no real solutions, except more government, more spending, more regulation, more bureaucracy, more unsustainable lethargic pseudo-university with no return on investment, more more more of what got us into this hole.
We will not wish we had made more money, acquired more stuff, lived more comfortably, taken more vacations, watched more television, pursued greater retirement, or been more successful in the eyes of this world. Instead, we will wish we had given more of ourselves to living for the day when every nation, tribe, people, and language will bow around the throne and sing the praises of the Savior who delights in radical obedience and the God who deserves eternal worship.
No politician can praise unemployment or inflation, and there is no way of combining high employment with stable prices that does not involve some control of income and prices. Otherwise the struggle for more consumption and more income to sustain it-a struggle that modern corporations, modern unions and modern democracy all facilitate and encourage-will drive up prices. Only heavy unemployment will then temper this upward thrust. Not many wish to confront the truth that the modern economy gives a choice only between inflation, unemployment, or controls.
In comparative terms, there's no poverty in America by a long shot. Heritage Foundation political scientist Robert Rector has worked up figures showing that when the official U.S. measure of poverty was developed in 1963, a poor American family had an income twenty-nine times greater than the average per capita income in the rest of the world. An individual American could make more money than 93 percent of the other people on the planet and still be considered poor.
I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity.
As I travel around the country, the American people are focused on the very same things that President Trump is focused on every day. And that is: How do we advance our national security? How do we make the world a safer and more peaceful place? How do we make America more prosperous? And the president's gonna continue to focus.
We must understand what our idea of wealth is. Is it just about more buildings, more machines, more cars, more of everything? More and more is death. In the most affluent societies in the world, for example in the United States of America, a significant percentage of the population is on anti-depressants on a regular basis. If you just withdraw one particular medication from the market, almost half the nation will go crazy. That is not wellbeing. Generally, an American citizen has everything that anyone would dream of.
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