For John, BLUF: All politics is local, until your national government decides to go for socialism. Then it is national and it is bad, for you. Nothing to see here; just move along.
From Human Progress, by Alexander C. R. Hammond, 27 October 2017.
Yes. this is close to a year old, but the point is still good.
Here is the key thought:
Well, in 1820, 94 percent of the world’s population lived in extreme poverty (less than $1.90 per day adjusted for purchasing power). In 1990 this figure was 34.8 percent, and in 2015, just 9.6 percent.Of course, this progress can be reversed. For example, with Bolivarian Socialism.
Hat tip to the InstaPundit.
Regards — Cliff
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