There are three headlines from today that serve as paramount examples of a nation on decline - a nation that has been transformed from one of ownership to one of entitlement, thanks to socialism:
- The U.S poverty rate swelled from 14.3% in 2009 to 15.1% in 2010
- Employment-based health insurance coverage dropped by 1.5 million
- People covered by government health programs rose by 1.8 million in 2010. 31% of the population is now on some government run health program.
How's that 45 year-old war on poverty working out for you? As the chart below from the Cato Institute shows, it has done nothing but perpetuate and exacerbate poverty.
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