Welfare For The Wealthy

Welfare for the Rich is the first book to describe and analyze the many ways that federal and state governments provide handouts—subsidies, grants, tax credits, loan guarantees, price supports, and many other payouts—to millionaires, billionaires, and the companies they own and run. Many journalists, scholars, and activists have focused on one or more of these dysfunctional programs. A few of the most egregious examples have even become famous. But Welfare for the Rich is the first attempt to paint a comprehensive, easily accessible picture of a system largely designed by the richest Americans—through lobbyists, lawyers, political action committees, special interest groups, and other powerful influencers—with the specific goal of making sure the government keeps wealth and power flowing from the many to the few.

This book examines how political party power influences public spending and private subsidies, and how these changes affect inequality.

Including education has profound consequences, undergirding the case for the productivity of welfare state programs and the explanation for why all rich nations have large welfare states, and identifying US welfare state leadership. From 1968 through 2006, the United States swung right politically and lost its lead in education and opportunity, failed to adopt universal health insurance and experienced the most rapid explosion of health care costs and economic inequality in the rich world. The American welfare state faces large challenges. Restoring its historical lead in education is the most important but requires investing large sums in education, beginning with universal pre-school and in complementary programs that aid children's development.

In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Regardless of what your current financial status is -- whether you are on welfare or extremely financially wealthy -- if you are unhappy with your life, this book is intended to help you become happy about who you are, where you are, and what you are. From Welfare to Wealth is an inspirational memoir that chronicles the life of the author as a child living on welfare, to adulthood where she was able to amass wealth simply by following tried and true methods of positive thinking and living. The author shares her stories of trials and triumphs, while also offering wisdom that will take you from a welfare mentality to a wealth mentality. Once you have reached the climax of this book, your mindset will be different. You will have quite a few new tools that will take you through the remainder of your life peacefully, with thanksgiving and a knowing that with God, you are in command of your life. You will have obtained a mental wealth called Faith, which will carry you through any tribulation that life throws upon you. From Welfare to Wealth gives you the assurance necessary to cease from living a life of regret, and start living a life of thanksgiving and promise. Learn to live life abundantly with From Welfare to Wealth. As you will find, the possibilities lie within you.

In today’s ultra-polarized and highly partisan political environment, Welfare for the Rich is one of the rare books written to appeal to engaged and open-minded citizens from across the political spectrum. Welfare for the Rich is the first book to describe and analyze the many ways that federal and state governments provide handouts—subsidies, grants, tax credits, loan guarantees, price supports, and many other payouts—to millionaires, billionaires, and the companies they own and run. Many journalists, scholars, and activists have focused on one or more of these dysfunctional programs. A few of the most egregious examples have even become famous. But Welfare for the Rich is the first attempt to paint a comprehensive, easily accessible picture of a system largely designed by the richest Americans—through lobbyists, lawyers, political action committees, special interest groups, and other powerful influencers—with the specific goal of making sure the government keeps wealth and power flowing from the many to the few.