Here’s a question. Would you rather be living in 1969 or 2009? By almost any economic measure people in the U.S. are richer than they were forty years ago. This applies to all levels of income. Carpe Diem has all the boring details.

I should add that cell phones, computers, microwaves, the internet, air conditioning, HD TV, and every other device Americans can’t seem to live without are products of our free market. The government didn’t create these devices or make them cheaper. Government intervention only leads to stagnation which kills innovation and progress.
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