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Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “poverty“

November 22, 2024 Original Analysis

Inflation: Savior of the Rich

Whenever someone puts forward an idea for shrinking the federal budget, one of the first objections is that it will harm the poorest citizens most. Welfare spending, and other means of support are a massive part of the government budget, yet it doesn’t take a lot of insight to see that the government gives even […]

August 11, 2024 Guest Commentaries

Americans Grow Poorer: Misery Index Climbs

The US economy is struggling with rising unemployment, inflation, and declining purchasing power, fueling discontent among Americans. A critical choice looms: continue on the current path or shift to pro-growth policies.

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July 5, 2024 Guest Commentaries

US Budget Crisis Will Impoverish American Families

Amid record tax receipts, the U.S. still faces a dire fiscal future, with deficit spending predicted to climb from $1.9 trillion in 2024 to a staggering $2.8 trillion by 2034. This unsustainable financial trajectory threatens to cripple the economy with higher taxes, stunted growth, and a devalued currency. The overwhelming debt burden will be passed […]

December 7, 2021 Original Analysis

Benjamin Franklin: Government Welfare Is Not “Doing Good to the Poor”

The federal government lacks any legitimate constitutional authority to establish welfare programs for the poor. Not only that, the federal welfare system fails in its promise to “help the poor” out of poverty.