We're All Inner-City Blacks Now
By Star Parker
March 9, 2009
Page 2 of 2
Has anyone noticed that the only markets that have failed in America are the ones distorted with major government controls, regulations, subsidies, or taxpayer guarantees?
University of Michigan economist Mark Perry recently listed on his blog 16 typical household items -- furniture, kitchen appliances, electronics -- showing how many hours of work, at the average wage, it would take to purchase these items today, compared to 1950. The whole basket of goods takes one-fifth the amount of hours of work today to purchase compared to 59 years ago. This is markets and innovation at work.
Anyone who is curious where the current left wing takeover of our economy will lead, with government soon taking 40 cents out of every dollar we produce, should tour through any of America's inner cities.
If we have any luck, some of the better instincts of blacks today will also set trends. Blacks attend church more than any other group in the country. And most blacks reject the debasement of the definition of marriage.
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Star Parker is is an author and president of CURE, Coalition on Urban Renewal and Education. Her books include "White Ghetto: How Middle Class America Reflects Inner City Decay."
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Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA. >> Back -- Page 1 2
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