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Location: Pantego, Texas, United States

Friday, April 04, 2008

Hillary Clinton says she will have a new cabinet secretary in charge of eliminating poverty. I wonder if she knows that poverty can never be eliminated in a free market capitalist state. There is virtually no poverty in America when compared to Global standards. But, there will always be a bottom 20% or 10%, that will be deemed to be in relative poverty. The only way to eliminate "poverty" in America is to institute some sort of collectivist state in which all outcomes are equal. I suspect that is what Senator Clinton, and Senator Obama would like to see. As a practical matter they may not be able to cause it to happen, but they would like to. My guess is that the Clinton's would like to keep their $20 million per year income, and the Obama's their $1 million per year, but they would like to level out the rest of us.

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