Houses, at least most houses, really aren’t that good an investment. Don’t get me wrong, I own a house. I’m rooting for a housing recovery. And I know some people are upside down on their houses and are hoping to get back above water sometime this decade. They don’t want to believe that their largest asset really isn’t that great an asset. But alas, in many cases, perhaps most, this is true.
One officer refused to specifically target young people and found disfavor with his superiors because of it. Now it is an issue for the courts.
The statists had better watch out if 15-year-olds in San Francisco are reading (and understanding) Hunter Lewis’s new book on the Federal Reserve. There may be hope yet.
More unemployed. More in debt. Fewer prospects. A more regulated economy which creates fewer jobs. Along with the increasingly regulated economy the blooming of the American crony capitalist system. There is no doubt about it the young are absolutely getting the short end of the economic stick these days.
This should have been their centerpiece proposal during the last battle. They had the full attention of the country and could have put it to good use.
This is an article which should be read by anyone who understands the mission of Against Crony Capitalism.
The Social Security payroll tax isn’t enough. Obamacare is now poised to transfer even more wealth from the young and working to the older and less productive (who incidentally are statistically far better off than young people.)
From Reason.com and we could not agree more. For the GOP, if they want to win, this is the way forward. There is no other choice.
The sequester isn’t even a cut. If anything goes wrong economically over the next 12 months the President will blame sequester.
Every time I write about the need to reform Social Security people freak out. Suddenly supposedly small government folks fly into a rage at the idea that Social Security must be curtailed for the good of the country.