The rate of interest acts as a link between income-value and capital-value.

Our incomes are like our shoes if too small they gall and pinch us but if too large they cause us to stumble and to trip.

I think and I mean this sincerely I was raised humbly. We were a lower middle income family and a household that was scrimping by at times. We were watching the dollar stretching the dollar and coupons. It was all those things.

In the past 40 years the United States lost more than a million farmers and ranchers. Many of our farmers are aging. Today only nine percent of family farm income comes from farming and more and more of our farmers are looking elsewhere for their primary source of income.

In the richest country in the history of the world this Obama economy has crushed the middle class. Family income has fallen by $4 0 but health insurance premiums are higher food prices are higher utility bills are higher and gasoline prices have doubled. Today more Americans wake up in poverty than ever before.

I can make a firm pledge under my plan no family making less than $250 000 a year will see any form of tax increase. Not your income tax not your payroll tax not your capital gains taxes not any of your taxes.

Jobs for every American is doomed to failure because of modern automation and production. We ought to recognize it and create an income-maintenance system so every single American has the dignity and the wherewithal for shelter basic food and medical care. I'm talking about welfare for all. Without it you're going to have warfare for all.

For families across the UK who are income-poor but more than that whose lives are blighted by worklessness educational failure family breakdown problem debt and poor health as well as other problems giving them an extra pound - say through increased benefits - will not address the reason they find themselves in difficulty in the first place.

When I was 27 years old I organized legal aid clinics to help low-income seniors. It was a life-altering experience.

We will have bigger bureaucracies bigger labor unions and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality.