John Hinderaker posits and interesting theory at Power Line in a post called “Ballast”. His theory is that Obama and the Dems thought that the economy would correct itself sometime during his four year term so they could get away with doing anything they wanted and still be able to take credit for the recovery. [...]
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Awesome column at Town Hall by Victor David Hanson: What if the President Liked Business People? One of my favorite lines: Every classical Keynesian remedy — massive government borrowing and spending (“stimulus”), near-zero interest rates, public works, expanded federal entitlements — has been tried, failed, and is turning a modest recovery into another recession. Neither [...]
Great article at Hot Air by Ed Morrissey: Can we grow our way out of our debt crisis? The answer, of course, is: Not with Democrats who are more concerned about wealth distribution than wealth creation in charge. In the article Ed spends some time talking about Eric Cantor’s take on the debt negotiation, then [...]
J.E. Dwyer wrote a great article about turning the economy around, simply through getting rid of onerous and costly regulation at Hot Air: We Have A Regulation Problem Not A Revenue Problem. You must read this article by Ed Morrissey at Hot Air in which he talks about “sweetheart lawsuits” where environmental groups find funding [...]
From Hot Air’s “Obamateurism of the Day”: Barack Obama used his Saturday speech to offer a mantra that he has been chanting a lot lately as an excuse for Obamanomics, which our friend and occasional Green Room contributor Dafydd ab Hugh caught: “Of course, there’s been a real debate about where to invest and where [...]
Please click this link to Hot Air to see charts from the Heritage Foundation that put the debt into perspective.
Nice letter to the President from entrepreneur (Baja Fresh) David Kim: Mr. President, Here’s How You Create Jobs. From Mr. Kim’s letter: The simple fact is that government doesn’t create jobs. The millions of entrepreneurs in the private sector do. My heart breaks every time I see the endless job fair lines or read the [...]
A must read at Powerline: USA, Inc. Thomas Sowell at Human Events: Blacks and Republicans. Mona Charen at Town Hall: Who Won In Wisconsin? I loved this bit: In 2006, then New Jersey Gov. Jon Corzine addressed a rally of 10,000 public employees in Trenton, declaring, “We will fight for a fair contract.” Corzine was [...]
Read this by John Hayward at Human Events: The Wisconsin Showdown: Teachers unions show why they must be broken.
A Scary Truth
I was reading Mark Steyn and he wrote a line that I’m sure I’ve read before, perhaps in some other form, but it suddenly struck me like a bolt of truth lightning: Funding non-productivity is now the principal purpose of the modern state. Think about that for a moment. Medicaid. Food Stamps. Medicare. 99 weeks [...]