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As Christians, helping the poor is a Biblical mandate.
That's why individuals and churches are the largest and most generous people in the world with their time, resources and money.
That's individuals, not government.
Political candidates often talk about helping the poor with government aid, not through the private sector. But their policies have the unintended consequence of hurting the poor.
That's because government can't create wealth. It can only redistribute wealth.
What creates wealth? What raises the standard of living faster for the poor—and everyone else?
Capitalism. Free enterprise. The market economy.
Government taxation and welfare redistribution programs create distortions in the economy. It lowers productivity, creativity and business growth. It's filled with waste, abuse and inefficiency.
Just look at the Department of Motor Vehicles—or any other such bureaucracies.
Fortunately, nations worldwide are slowly moving away from government-run enterprises, regulations and high taxes.
Even France is trying to free itself of socialism. China, too. And many other nations.
Capitalism has dramatically raised the standard of living in the U.S., helping lower the number of impoverished and making our low poverty level the envy of the world.
And the poverty levels in the rest of the world? In communist nations like Cuba and North Korea, severe poverty continues. And in socialist nations such as Africa and South America, poverty continues to grow.
But look what capitalism has helped do, despite government taxes and regulation retarding economic growth:
- In 1981, 40% of the worlds population lived on less than $1 a day. Today, that is only 25% adjusted for inflation. It's estimated it will be cut in half by 2015.
Only government economic interference with taxes, regulation and control can reverse this trend.
Be careful about politicians and their advocacy of government programs to solve poverty.
Only more economic freedom can accelerate economic growth and lift people out of poverty.
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