You Know Your Children Are Growing Up

.......the Poor Of The World Cannot Be Made Rich By Redistribution Of Wealth. Poverty Can't Be Eliminated By Punishing People Who've Escaped Poverty, Taking Their Money And Giving It As A Reward To People Who Have Failed To Escape. Economic Leveling Doesn't Work. Whether We Call It Marxism, Progressive Reform, Or Clintonomics, The Result Is The Same Slide Into The Stygian Pit. Communists Worship Satan; Socialists Think Perdition Is A Good System Run By Bad Men; And Liberals Want Us To Go To Hell Because It's Warm There In The Winter.

Adam Smith Pointed Out That There Were Three Things That Make Us More Prosperous, In A General Sort Of Way: Freedom To Pursue Our Own Self-interest; Specialization, Which He Called Division Of Labor; And Freedom Of Trade.

In The End We Beat Them With Levi's 501 Jeans. Seventy-two Years Of Communist Indoctrination And Propaganda Was Drowned Out By A Three-ounce Sony Walkman. A Huge Totalitarian System...has Been Brought To Its Knees Because Nobody Wants To Wear Bulgarian Shoes. Now They're Lunch, And We're Number One On The Planet.

I Suspect The Soviets Never Did Want To Use Those Bombs. The Most Stalinist Of Soviet Hard-liners - Stalin, For Example - Must Have Realized A Nuclear War Would Be A Hard Thing To Clean Up After.

In Comparative Terms, There's No Poverty In America By A Long Shot. Heritage Foundation Political Scientist Robert Rector Has Worked Up Figures Showing That When The Official U.s. Measure Of Poverty Was Developed In 1963, A Poor American Family Had An Income Twenty-nine Times Greater Than The Average Per Capita Income In The Rest Of The World. An Individual American Could Make More Money Than 93 Percent Of The Other People On The Planet And Still Be Considered Poor.