One of President Obama’s themes is, when talking about the economy, to say, “We tried it the old way, and it didn’t work. We need to do something different” (or some version thereof). He’s never really clear on what “that way” or “the old way” or whatever phrasing he’s using is. He’s also not really [...]
Browsing Posts in Free Market Capitalism
Many people I know and love are Democrats. I like them as people. I don’t have any hostility toward them, but would enjoy being able to change their minds. That’s often difficult, because around politics they do get hostile. The thing is, they get hostile and use arguments that are nonsense. One such nonsensical argument [...]
Why don’t teams playing in the Super Bowl grab the Lombardi trophy and start celebrating before the game? Because you have to earn it first. That’s the way it is with the goodies in life. The government needs to understand this simple precept. People who want more government spending need to understand it. The government [...]
Can Republicans educate people about economics in 10 months? That is the job in front of us. Why is national debt bad? We end up hurt as a nation in many ways. To name two: spending on the interest begins to eclipse the ability to spend on even necessary government functions (defense and infrastructure, for [...]
How does capitalism work in its most pure form? 1. Someone thinks of a way to meet the needs and/or desires of other people, figures out how to meet those needs and/or desires for a price other people will be willing to pay, successfully alerts people that he has a product or service, then provides [...]
I have to admit, I didn’t listen to the SOTU last night. To be honest, I can’t stand to hear Obama speak. His cadences drive me crazy and his content is so divorced from reality that I just get angry. However, I read recaps and printed excerpts. Again, the man talked about some nebulous concept [...]
People are criticizing Mitt Romney for his work at Bain Capital. It seems that people lost their jobs after Mitt came. What did Mitt come to do? Bain was in the business of buying troubled companies, turning them around (if possible) and reselling them at a profit. A profit to whom? A profit to investors [...]
You have to read this post by John Hayward at Human Events: How Obamacare Cheats the Poor. Just to sum it up quickly so I can make my point before you read John’s full article: Obamacare mandates that if one person in a family has individual insurance (companies are mandated to provide individual insurance or [...]
I’ve been reading a lot lately on the crash of 2008, as well as about the current conversation about the state of our economy. From the left I hear about eeeevile! corporations. From the right I hear about capitalism and the wonders that can be provided by it. Frankly, this blog is dedicated to the [...]
The Contribution Businesses Make
One of the things that changed my life, and my view of capitalism, was something my father did when I worked for his company. At that time I was still under the sway of my college training and relentless demonization of “corporations” in the media and by Democrats in particular. It seemed the bad guys [...]