The chief beneficiaries of the welfare state ethos are the organized interests on whose behalf most government interference with the economy is undertaken. These interests receive the lion’s share of the subsidies which, drawn from general tax revenues or imposed by government-enforced restriction of competition, are our major means for redistributing wealth. As a result, the net effect of government manipulation of the economy is negative for the poor. That is, one clear result of the expansive activism of our expanded government is a lower living stand for the poor.<\/strong><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

By John Couretas on the Acton blog: From the Greek daily Kathimerini: Witnesses said that protestors marching past the building ignored the bank employees\u2019 cries for help and that a handful even shouted anti-capitalist slogans. [ … ] It took a statement from President Karolos Papoulias to best sum up Greece\u2019s dire situation and the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1784],"tags":[11,6,35,478],"_links":{"self":[{"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/posts\/6608"}],"collection":[{"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/comments?post=6608"}],"version-history":[{"count":1,"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/posts\/6608\/revisions"}],"predecessor-version":[{"id":6610,"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/posts\/6608\/revisions\/6610"}],"wp:attachment":[{"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/media?parent=6608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/categories?post=6608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aoiusa.org\/wp-json\/wp\/v2\/tags?post=6608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}