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Monthly Archives: July 2009

Hoover to FDR & Bush to Obama.

Here’s George Will: In February 2008, President George W. Bush and House Speaker Nancy Pelosi, who normally were at daggers drawn, agreed that a $168 billion stimulus — this was Stimulus I — would be the “booster shot” the economy needed. Unemployment then was 4.8 percent. In January, the Obama administration, shiny as a new [...]

What’s missing from the Obama OpEd.

In President Obama’s op-ed on the topic of the economy, here are some words you won’t find: profits, investment, incentives, taxes, risk, enterprise or markets. Or freedom, or liberty. So, though he claims to want to build a “foundation for growth,” Obama ignores the real drivers of economic growth. Instead, his vision is that of [...]

Congress against the employed (especially teens).

The economics lesson continues via the Wall Street Journal: Here’s some economic logic to ponder. The unemployment rate in June for American teenagers was 24%, for black teens it was 38%, and even White House economists are predicting more job losses. So how about raising the cost of that teenage labor? Sorry to say, but [...]

Students learn about Socialism.

Funny story via Andrew Roth at Club for Growth: An economics professor at a local college made a statement that he had never failed a single student before but had once failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be [...]

More on Euro-rationed healthcare.

Here’s a little more from ABC News’ John Stossel: Can you name any new drugs or medical devices that are invented in France? Nearly all the world’s innovation comes from the relatively profit-driven American system.  If we relied on government healthcare, the world would still be getting 1950’s quality care. Also, it is by no means [...]

Healthcare nightmares… in Canada & the U.K.; Alternate title: Your life = just $22k.

First a video from CNN (via Weekly Standard): Embedded video from <a href=”http://www.cnn.com/video” mce_href=”http://www.cnn.com/video”>CNN Video</a> Next, the Wall Street Journal explains the U.K. healthcare rationing system, through an agency with an Orwellian name — N.I.C.E., or the National Institute for Health and Clinical Excellence. “Americans should understand how NICE works because under ObamaCare it will [...]

Government, now with even more regulation!

Whether it’s our hope-n-change (c) president (perhaps as in “our foreign policy is to just hope for change in Iran”), the 535 know-nothings in Congress, or the literally thousands of unelected bureaucrats attempting to justify their existence, you can count on one thing: government’s attempt to inject themselves in every facet of your life. Here’s [...]

50 reasons to oppose cap-n-trade.

Here’s the top 5 by Stephen Spruiell and Kevin Williamson: 1. The big doozy: Eighty-five percent of the carbon permits will not be sold at auction — they will be given away to utility companies, petroleum interests, refineries, and a coterie of politically connected businesses. If you’re wondering why Big Business supports cap-and-trade, that’s why. [...]

$4,500 per family.

Karen Campbell and David Kreutzer offer some analysis of the Waxman-Markey cap-and-trade pork-and-tax bill: An analysis of the Waxman-Markey bill (as reported out of the House Committee on Energy and Commerce) by The Heritage Foundation found that unemployment will increase by nearly 2 million in 2012, the first year of the program, and reach nearly [...]

Single most stupid headline of the day (week, month, etc).

From Dan Balz of Washington Post: Palin Opens Herself Up to Criticism Right, right… because lefty journalists weren’t attacking Sarah Palin before last weekend’s resignation announcement. Frankly, I don’t get the Palin thing either, but don’t act like the press wasn’t hounding her from her dress (slutty stewardess) to her family (hey, let’s make fun [...]