How exciting! President Obama is going to reveal a big jobs program in the coming weeks. Nancy Pelosi probably thinks that means more of those great job creating unemployment payments. The sad thing is, I’m guessing ol’ Nance isn’t far off. Here’s what I will bet will not be in the plan, despite that fact [...]
Browsing Posts tagged Entrepreneurs
I have a suggestion for those British kids taking out their anger on “the rich,” as well as for Americans who have bought into class warfare rhetoric: Go produce something. That’s right… Find a way to produce something wanted or needed by your fellow men and women and offer it to them at a price [...]
Yipee! The government is going to create manufacturing jobs by giving researchers $500 million dollars. “Today, I’m calling for all of us to come together… to spark a renaissance in American manufacturing and help our manufacturers develop the cutting-edge tools they need to compete with anyone in the world,” Obama said in a written statement. [...]
If you’re a fan of Thomas Sowell like I am, you’ve no doubt read his debunking of the “class” model expressed in quintiles of earners. What Dr. Sowell exposed is that Democrats speak of the various classes (poor, middle, and rich) as though they are fixed, containing the same people year in and year out, [...]
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 [...]
I have to admit that I was pleased when I heard Jeffrey Immelt was going to be advising the President. A business man! Unfortunately, I hadn’t paid much attention to GE. It turns out that GE is the best example possible of Crony Capitalism–a company deriving much of its revenue from government programs, and following [...]
Is it better to give capital to the gov’t or keep it in the private sector?
You know my answer to that question. In response to Warren Buffett and Ben Stein, Mark Skousen writes at Human Events: Of course, Buffett and Stein are correct in one way: The rich can afford to pay more in taxes. The rich (I’m in this category) have surplus wealth that we can draw on to [...]