by Chris Campbell
Laissez Faire Books
America used to be the land of opportunity.
As long as you worked hard, it was true that you really could carve out your version of “the good life.”
Even if you arrived here by boat with a quarter and seven nickels in your pocket.
This encouraged even those on the lowest rungs to become entrepreneurs because each individual knew he or she had a fair chance to succeed.
Today’s America, though, is much different. Due to bad monetary policies, exorbitant taxes and a severely anti-business regulatory environment, there’s very little incentive for anyone to take the risk of providing value to his or her fellow human beings.