Spending spirals out of control with Democrats in charge of the federal budget. Republicans are then demonized for cutting spending and labeled as hurting women and children.
Socialists then print more money.
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The Republicans have a track record of greater economic success for minorities.
Democrat policies create problems (destroying the black family) and worsen situations. They then blame others and demand votes to fix situations historically and currently proven to be caused by big government and socialism.
Housing crash infographic: Democrats force banks to make risky loans
Skyrocketing deficits infographic: Democrats let “budgets” spiral out of control
SOURCES
Poverty was already in decline in the United States when big government engineered a massive entitlement program to secure a permanent voting underclass.
Anti-marriage penalties, indoctrination in public schools and disincentives for self-sufficiency have created a pattern of intergenerational dependence on government and given taxpayers a mountain of debt which can never be repaid.
The California city of Stockton is giving one hundred unlucky few a free-no-strings-attached $500 a month to see if they spend it wisely. Good luck with that. Read more at The Daily Mail
It only takes $34,000 a year income to be in the world’s top 1% (thank you capitalism), but California’s socialist crony economy has created large statewide income differences. Read more at Investopedia
Bayer purchased Monsanto for $62 billion, which could mean a rise in seed prices for farmers and food prices for consumers.
Monsanta, at one time, used sterile “terminator seeds” which don’t produce viable seeds for replanting, forcing farmers to repurchase their product.
Is feeding more of the growing world population with genetically modified seeds a bad thing? More analysis at The Open Market Institute.
With the labor market and economic activity strengthening (thanks to reduced liberalism) the FED raised the target range between 1.75 percent and 2 percent during its June meeting.