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Written by Thomas Sowell
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Tuesday, 07 February 2012 07:30 |
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 Governor Mitt Romney's statement about not worrying about the poor has been treated as a gaffe in much of the media, and those in the Republican establishment who have been rushing toward endorsing his coronation as the GOP's nominee for president — with 90 percent of the delegates still not yet chosen — have been trying to sweep his statement under the rug.
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Written by Thomas Sowell
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Tuesday, 31 January 2012 09:49 |
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California has a huge state debt and Washington has a huge national debt. But that does not discourage either Governor Jerry Brown or President Barack Obama from wanting to launch a very costly high-speed rail system.
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Written by Thomas Sowell
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Tuesday, 24 January 2012 00:00 |
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This may be the golden age of presumptuous ignorance. The most recent demonstrations of that are the Occupy Wall Street mobs. It is doubtful how many of these semi-literate sloganizers could tell the difference between a stock and a bond.
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Written by Thomas Sowell
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Friday, 20 January 2012 11:00 |
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Different histories, geography, demography and cultures have left various groups, races, nations and civilizations with radically different abilities to create wealth.
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Written by Thomas Sowell
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Thursday, 19 January 2012 10:15 |
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Anyone who has ever been in a Third World country, or even in a slum neighborhood at home, is likely to wonder why there can be such dire poverty among some people, while others are prospering.
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Written by Thomas Sowell
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Wednesday, 18 January 2012 07:00 |
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One of the ways of trying to reduce the vast disparities in economic success, which are common in countries around the world, is by making higher education more widely available, even for people without the money to pay for it.
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Written by Thomas Sowell
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Tuesday, 17 January 2012 07:00 |
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With all the talk about "disparities" in innumerable contexts, there is one very important disparity that gets remarkably little attention — disparities in the ability to create wealth. People who are preoccupied, or even obsessed, with disparities in income are seldom interested much, or at all, in the disparities in the ability to create wealth, which are often the reasons for the disparities in income.
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