1. Entrepreneurs of all types rate their well-being higher than any other professional group in America. The Self-Employed Are the Happiest - NYTimes.com 2. Think its because theyre making 'beaucoup bucks'? Wrong. Small business owners make 19% less than government managers. Salary Calculators - CBsalary a. Comparing Federal and Private Sector Compensation Comparing Federal and Private Sector Compensation - Economics - AEI b. WASHINGTON, D.C. -- Nearly half of self-employed Americans (49%) report working more than 44 hours in a typical work week, compared to 39% of American workers overall, 38% in government and in private business, Self-Employed Workers Clock the Most Hours Each Week Well, then.....why do they feel better than others??? 3 .So income and happiness? Data taken over several decades indicates that people have gotten a lot richer .but not a lot happier. In 1972, about 30% of Americans reported that they were very happy. The average American earned about $25,000 (2004 dollars), and by 2004 the average income had increased to $38,000- a 50% increase in real income. All income groups, from rich to poor, saw substantial income increases. Yet the percentage of very happy Americans remained virtually the same, at 31%. Data Portals a. How about lottery winners .initial happiness didnt last! As predicted, lottery winners were not happier than controls and took significantly less pleasure from a series of mundane events. Lottery winners and accident victims: is ... [J Pers Soc Psychol. 1978] - PubMed - NCBI 5. So .if its not money .what is it people desire? The answer is earned success....the ability to create value with your life, or in the lives of others. Term profit means different things to different people. 6.Then, there is the obverse of earned success the result of the welfare system: learned helplessness. If rewards and punishments in life are note tied to merit, people simply give up and stop trying to succeed. Learned Helplessness (What It Is and Why It Happens) The government conducted a study, 1971-1978 known as the Seattle-Denver Income Maintenance Experiment, or SIME-DIME, in which low income families were give a guaranteed income, a welfare package with everything liberal policy makers could hope for. Result: for every dollar of extra welfare given, low income recipients reduced their labor by 80 cents. http://www.policyarchive.org/handle/10207/bitstreams/12794.pdf a. Further results: dissolution of families: This conclusion was unambiguously unfavorable to advocates of a negative income tax that would cover married couples, for two important reasons. First, increased marital breakups among the poor would increase the numbers on welfare and the amount of transfer payments, principally because the separated wife and children would receive higher transfer payments. Second, marital dissolutions and the usual accompanying absence of fathers from households with children are generally considered unfavorable outcomes regardless of whether or not the welfare rolls increase. http://www.bos.frb.org/economic/conf/conf30/conf30c.pdf c. When families received guaranteed income at 90% of the poverty level, there was a 43% increase in black family dissolution and a 63% increase in white family dissolution. At 125% of the poverty levels, dissolutions were 75% and 40%. Robert B. Carleson, Government Is The Problem, p. 57. 7. Just as earned success brings happiness, learned helplessness brings unhappiness. We found that even when good things occurred that werent earned, like nickels coming out of slot machines, it did not increase peoples well-being, he said. It produced helplessness. People gave up and became passive. http://www.nytimes.com/2011/05/17/science/17tierney.html?_r=1&pagewanted=all As this knowledge is out there.....how come the Left pushes for more and more welfare and give-aways? Clearly....not to help recipients..... ...so, guess who they're really attempting to help.