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Politics
The Poorest 20% of Americans Are Richer on Average Than Most Nations of Europe
As discussed on today's program: A groundbreaking study by has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and Food Stamps—the poorest 20% of Americans consume more goods and services than the national averages for all people in most affluent countries. This includes the majority of countries in the prestigious Organization for Economic Cooperation and Development (OECD), including its European members. In other words, if the U.S. “poor” were a nation, it would be one of the world’s richest.
Politics
Trump’s Space Command set for liftoff, however …
On Aug. 29, the Trump administration’s Department of Defense launched Space Command, the newest branch of America’s military and a critical step forward toward the creation of the Space Force. The move is a substantial win for the president, who secured bipartisan support for his once-scoffed-at initiative during a time of such political and international strife.
Politics
Socialism Isn’t the Solution to Unfair Drug Prices
But some members of his administration didn't get the memo. The Department of Health and Human Services still plans to impose socialist, European-style price controls on advanced drugs administered through Medicare.
