In response to:

Who Really Cares About the Poor?

Dorothy152 Wrote: Oct 13, 2012 5:00 PM
Having grown up putting cardboard in my shoes soles over the holes and left full time school at age 14, I appreciate the opportunities afforded to me in America but I feel sad to see how many now resent anyone who has succeeded in life. The first Corporation I went to work for at 14 years old gave me the opportunity to learn a lot and become a productive person. I have been well rewarded. Guess I thought one had to start at the bottom and work one;s way up and I was able to and Corporations helped me along the way.

Capitalism favors the rich. Socialism helps the poor. These are core beliefs of almost everybody on the left, including our president. Ah, but it turns out that this worldview is completely wrong.

Economists associated with the Fraser Institute and the Cato Institute have actually found a way to measure "economic freedom" and investigate what difference it makes in 141 countries around the world. This work has been in progress for several decades now and the evidence is stark. Economies that rely on private property, free markets and free trade, and avoid high taxes, regulation and inflation, grow more rapidly than...