RSS
 

How the Government can help jobs growth.

08 Aug

Even President Obama now seems to realize that rescuing America from its financial crisis requires getting Americans back to work. What he doesn’t seem to realize is that rejigging government spending to promote employment is just an artificial, short-term solution. So-called “green jobs” and other subsidy programs will not help put American employment back on a stable footing.

So what can the government do to promote real job growth? Quite simply, get out of the way. We don’t need to teach the grass to grow; we just need to move the rocks off of it. The rocks weighing down on the economy are government rules and regulations — in other words, bureaucracy and overregulation.

According to the Small Business Administration, federal rules and regulations — from the Fair Labor Standards Act to the Polygraph Protection Act — cost small businesses $10,000 annually per employee in compliance costs. To put that in perspective: That would take a company with 10 employees from making a $100,000 profit to just breaking even. Read the rest of this entry »

 
Comments Off

Posted in Opinion, Politics

 

If the Terrorists Misinterpret Islam…

05 Aug

Liberalism withholds judgment until finding an answer bulletproofed by logic and reason, and this practice is nothing less than the bedrock of the first world.

I am of course referring to classical liberalism, now tragically mistitled conservatism. The half-philosophy known as the Left co-opted that most precious word, liberty, then stopped reading at “withholds judgment.” And this anti-intellectual betrayal of humanity’s best idea has once again resulted in an unfathomably dangerous historical anomaly: an existential threat is flourishing, liberty and life are at stake, yet the ones we now call liberals refuse to pass judgment on the illiberal. They have access to enough logic and reason for a bombproof conclusion, yet they refuse to pass judgment. Read the rest of this entry »

 
Comments Off

Posted in Politics, Religion

 

Bernie Goldberg on the press…

03 Aug

Well, if it wasn’t obvious before it sure ought to be now. The liberal media elite have gone around the bend and over the cliff. The Crazy Train they’ve been riding has finally crashed.

And it’s all because of those nasty conservative Tea Party Republicans.

Bernie Goldberg of "Bias"

The same liberal journalists who won’t call a real terrorist a terrorist can’t go 10 seconds without calling conservative Republicans terrorists. Or “Wahhabis,” as Chris Mathews described them on MSNBC.

Or “Hezbollah,” as Tom Friedman described them in the New York Times. Read the rest here

 
Comments Off

Posted in Politics

 

Worst Case Scenario is Balanced Budget, Not Default.

31 Jul

President Barack Obama, Treasury Secretary Tim Geithner, and many in the media continue to forward the absolute farce that the federal government will default on August 2 if we don’t increase the debt ceiling.

If the government fails to raise the ceiling, the worst-case scenario is a cold-turkey balanced budget, not a default.

The government borrows 40 cents of every dollar it spends, which still leaves the 60 cents of revenue coming in—enough to pay the government’s mandatory bills (including entitlements and the interest payments on the debt).

This scenario isn’t pretty. The government’s discretionary operations would stop, and in order to fund defense, the government might have to partially pay for entitlements through the two trust funds and get some help from the Federal Reserve. Read the rest of this entry »

 
Comments Off

Posted in Opinion, Politics

 

Why Won’t the President Suggest Any Spending Cuts?

31 Jul

The Mohair subsidy. The AmTrak subsidy. The Ready to Learn TV Program subsidy. What all of these federal subsidies (and scores more) have in common is that they are on the specific list of federal programs that Republicans are proposing to eliminate to cut the debt and preserve America’s fiscal integrity.

Hey, with the U. S. national debt increasing by $4.1 billion each day, we are faced with national bankruptcy—which has aroused the Republicans from their lethargy. They will agree to raise the debt ceiling if the politicians will agree to restrain their spending appetite by making specific cuts.

Cut What? Nothing!


What specific suggestions for cuts has President Obama made? Almost none. It doesn’t count to talk about future savings from possible cuts in national defense, or alleged savings from Obamacare. It’s all in the future, and we don’t know if any of it will happen. Read the rest of this entry »

 
Comments Off

Posted in Politics

 
« Older Entries