In response to:

It’s Economic Growth, Not Redistribution, that Lifts Everyone, Including the Poor

YESWECAN Wrote: Nov 16, 2012 9:33 PM
I am over seventy-one fears old, Never made over fifty thousand a year. I'm still working and have never asked the government for anything. Have never been jealous of anyone. But I have always been proud of my country until lately when I watch the young people of this country expect something for nothing. I would much rather go over the fiscal cliff just to spite the marxists.

Stephen Moore and Julian L. Simon note in their underappreciated work, It’s Getting Better All the Time: 100 Greatest Trends of the Last 100 Years, that in the last century,1900 to 2000, real per capita GDP in America grew by nearly 7 times, meaning the American standard of living grew by that much as well. The authors explain,

“It is hard for us to imagine, for example, that in 1900 less than one in five homes had running water, flush toilets, a vacuum cleaner, or gas or electric heat. As of 1950 fewer than 20 percent of homes had air conditioning,...