“Cutting spending” — whether in a household or a government — implies value judgments and priorities. Value judgments and priorities imply ideas about what is and is not appropriate for spending. Those who say “we have to cut spending” without … Continue reading
Investor’s Business Daily, The Wall Street Journal and other publications are reporting that businesses are still making profits — perhaps in the trillions, collectively. The problem is, they’re afraid to spend. This includes spending on hiring. Their hope is that … Continue reading
“We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human … Continue reading
In a dictatorship, the dictator appoints his own special police force or military unit to “protect” his interests as a dictator. It’s noteworthy that Obama has done the same with the government bureaucracy. He is appointing his own army of … Continue reading
“My small business-owning friends aren’t creating one job. Not one. They are shedding jobs. They are learning to do more with fewer employees. They are creating high-tech businesses that don’t need employees. And many business owners are making plans to … Continue reading
GE CEO Jeff Immelt on President Obama: “Business did not like the U.S. president, and the president did not like business.” Harvard economic professor Jeffrey Miron on the policies of the Obama Administration: “I don’t think [President Obama] has indicated … Continue reading
Politicians who advocate Big Government hate private profit and capitalism — yet they love money. They must love money, because they dearly love spending it. Either they cannot or will not create it in the sums that they spend it. … Continue reading
Most people seem to be in favor of the Obama Administration bypassing the judicial process and simply commanding that BP pay whatever Obama and his aides deem an appropriate amount in damages for the Gulf oil spill. We’re talking about … Continue reading
Poor General Stanley McChrystal. He was given a lousy job. He was put in charge of a war effort headed by a government whose Commander-in-Chief doesn’t even believe in the use of force — least of all by the arrogant … Continue reading
“A big-government conservative administration failed in crisis, as has a big-government liberal administration. The regulatory state did not prevent excessive risk taking whether in financial services, nor perhaps in offshore oil drilling. Government response to crises once they occur is … Continue reading
Like so many other movements in American politics, the “tea party” movement is hard to endorse — or condemn — because it’s hard to know what it is. As a case in point, look at Sharron Angle, the Republican/Tea Party-favorite … Continue reading
Obama is down in the polls — but for the wrong reasons. Instead of being down in the polls for systematically destroying the economy through nationalization of private industry, devaluation of the currency, punitive taxation and unprecedented debt, he’s down … Continue reading