Social Issues

By John Mauldin from Mauldin economics

Even though the United States is on course to become "majority minority" by 2044, Statista's Niall McCarthy notes that the country still has a huge and growing racial wealth gap.

A new study by Prosperity Now and the Institute for Policy Studies has found that white households in the middle-income quintile own nearly eight times as much wealth as middle-income black earners and ten times as much as middle-income latino earners.

Authored by Wolf Richter via WolfStreet.com,

Breath-taking differences in a vast country.

The Census Bureau released another data trove this week for 2016, based on the American Community Survey. Among many other data points, the survey details median household incomes by geographic location, such as by metro area, county, or state. And they show just how enormous the income differences in the US are from city to city.

Authored by Michael Rozeff via The Ron Paul Institute for Peace & Prosperity,

Eleven years ago, this essay argued against hate-crime laws.

One argument read “People can eventually be accused of hate crimes when they use hateful speech. Hate crimes laws are a seed that can sprout in new directions.”

This has now come to pass, I am sorry to say. This week, the Congress passed S. J. Res. 49, and President Trump signed it, making it part of the U.S. legal code.

Even Bernie Sanders has acknowledged that the federal government couldn't afford to provide health care to all of its citizens.

In a video clip from 1987 that was discovered by the Washington Free Beacon, then-Burlington Mayor Bernie Sanders (I., Vt.) admitted that “giving everybody a Medicaid card” would “bankrupt the nation.”

“You want to guarantee that all people have access to health care as you do in Canada," Sanders said.