Obama’s New Welfare State

    Mark Skousen has the top story at Human Events today. At investment conferences, I often ask the audience, which consists mainly of mature investors: “How many of them are on Social Security and Medicare?” Most raise their hands.Then I ask, “How many of you are on food stamps?” All the hands go down.Why? Because there’s a means test to qualify for food stamps. To qualify, | Read More »

    Obama’s New Welfare State

    Mark Skousen has the top story at Human Events today. At investment conferences, I often ask the audience, which consists mainly of mature investors: “How many of them are on Social Security and Medicare?” Most raise their hands.Then I ask, “How many of you are on food stamps?” All the hands go down.Why? Because there’s a means test to qualify for food stamps. To qualify, | Read More »