How can anyone still believe in Obamanomics? The only answer I can come up with is a complete lack of understanding of economics. The only other thing I could speculate about is an irrational belief in big government as a solution. I say irrational because we have much more evidence for bigfoot and UFOs than [...]
Browsing Posts tagged Free Market
Yesterday I read a quote from Debbie Wasserman-Schultz (congresswoman and DNC Chair) in which she was critical of House Republicans, saying “…they haven’t produced one jobs bill.” By “jobs bill” I’m certain that she meant some sort of spending measure that would have the same impact of the (now part of the baseline) “stimulus”. So [...]
I’m reading The Secret Knowledge: On the Dismantling of American Culture by David Mamet. This is my favorite line so far: “We cannot live without trade. A society can neither advance nor improve without excess of disposable income. This excess can only be amassed through the production of goods and services necessary or attractive to [...]
There is a longstanding meme that the Republicans are the party of big business, that we are somehow in the pocket of big business. Wall Street runs our politicians. We do anything to support the rich and powerful. This is hogwash. Wall Street gave more money to Obama than they did to McCain. GE is [...]
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. [...]
People have commented on President Obama’s statement about ATMs and other automation displacing workers (a falsehood, as the number of banks and bank tellers has grown since the introduction of ATMs in the ’70s). What disturbs me about this is different than what most are saying about it (see this at Hot Air, and this [...]
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, [...]
John Hayward (the artist formerly known as Doc Zero) hits on something that I’ve always found interesting but had never summed up the way he does in this post at Human Events: The Fifty State Solution. What I’ve always noticed is that Obama’s rhetoric to foreigners is completely at odds with his domestic policy. While [...]
I’ve argued for some time that opening up energy exploration and production in this country will stimulate the economy and all of the stimulus will be paid for by the same energy companies that people complain about (unjustifiably so in my opinion). Why not let Exxon and Chevron and a myriad of smaller companies take [...]
We Need Our Free Market Capitalism Back!
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 [...]