Tag Archives: poverty

Is There a Moral Basis for Free Markets

The basic goodness of free exchange has been ratified by success. Market economies in the modern world dramatically reduce the material poverty endemic to the human condition, battling hunger, cold, disease, and isolation. We have seen such progress in Western … Continue reading

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Obama’s First Term = median income down, poverty up

During the four years that marked President Barack Obama‚Äôs first term in office, the real median income of American households dropped by $2,627 and the number of people in poverty increased by approximately 6,667,000, according to data released today by … Continue reading

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Poverty Stuck at 15 Percent

he nation’s poverty rate remained stuck at 15 percent last year despite America’s slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack Obama’s recovery plans. More than 1 … Continue reading

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