The “stimulus” claim is based on something called the Keynesian “multiplier,” which is that each $1 of spending the government “injects” into the economy yields 1.5 times that in greater output. There’s little evidence to support this theory, but you … Continue reading
Recently, the local paper where I live reported that there’s a problem with curbside recycling (still voluntary here). Because of local government deficits due to the economy, it’s becoming too expensive to use separate trucks to cart paper and plastics … Continue reading
I don’t understand something. I’m supposed to be overjoyed because America has a (half) black President, and it’s a historic occasion. I’m supposed to water down my criticism of this new President because of the historic nature of the occasion. … Continue reading
It’s too ambitious to fix the world. I don’t know that any one person can. I’m not sure what ‘fix’ even means. Many things are right about the world, and many things are wrong. You make the world a better … Continue reading
It’s always fashionable to be in favor of “the little guy.” Socialists use the little guy as justification for “spreading the wealth.” Conservatives use the little guy as justification for populism which — when translated — means a celebration of … Continue reading
Q: What is the psychological reason people get choked up when they see great accomplishments or performances? I am watching the Kennedy Center Honors and just watching the accomplishments of the artists is so inspiring that I got all choked … Continue reading
As an adult, you make your own family. This is true whether you marry and have children, or not. Family are the people who deserve you, and whom you deserve. Family are people whose character and personal value are high … Continue reading
“If the Government can create money, why should not it create all that everybody wants? Why should anybody work for a living? … Why should we have any limit put to the volume of our currency?” So asked an advocate … Continue reading
Being equal isn’t the same as being even. You can be equal in stature — though not in ability. The opportunity of freedom can be equal for everyone; but this does not guarantee (or require) equality of outcome. Many people … Continue reading
When you spread the wealth, you get … equality. When you permit the creation of wealth, you get … a higher standard of living for all. When you spread the wealth, you get … the last of what’s left, equally … Continue reading
I don’t get it. The American auto industry is failing. For whatever reasons, they can no longer make a profit. Note that people still want cars … It’s just that not as many want American cars as foreign cars, since … Continue reading
Now that Obama has been elected President, we’re told that the country is unified. Yet, when Bush was President, we were repeatedly told that the country had become dark, evil and divided. I talk to people every day who are … Continue reading