As we read and hear the accusations and counter-accusations, the insults and counter-insults — things like the Democrats accusing the Republicans of coming unhinged, and the Republicans accusing the Democrats of uncompromising arrogance — it’s important to acknowledge almost none of what politicians say about the so-called government shutdown matters.
Steve Stanek | All Articles
Let us thank the union- and taxpayer-backed Restaurant Opportunities Center, which this month has been launching protests around the nation to demand a minimum wage of $15 an hour for restaurant workers. They’ve presented us with a great opportunity to discuss the many reasons the minimum wage is not only bad economics but an affront to freedom.
Illinois this week became the fiftieth state to allow its residents to legally carry concealed firearms. It happened only because of a federal court ruling forcing the state to allow concealed carry, and only after Democrats, who enjoy a super-majority in the General Assembly, overrode a veto by Gov. Pat Quinn, also a Democrat.
It takes some doing to design a government program that harms the environment, fleeces taxpayers and consumers, and shovels money to some of the nation’s wealthiest families and corporations.
Tesla Motors has repaid a government loan nine years early.
Three months ago, during a Google Plus “Fireside” event, President Barack Obama declared, “This is the most transparent administration in history.”
How could I have missed this?
President Barack Obama and federal lawmakers this year have forced virtually all working Americans to endure a 47 percent increase in the payroll tax they pay, yet many of these same politicians expect us to believe they cannot find good ways to cut federal spending 2 percent.
All that fiscal cliff turmoil for this: a $620 billion tax increase and $330 billion of new spending over the next 10 years, according to the Congressional Budget Office.
Now we know what President Barack Obama really believes. And with this knowledge we have the rationale for his desire to use the force of government — a force always backed up by prisons and guns held by men with badges — to take from some and give to others:
Answer me this: If the president and his economic advisors are right in claiming that the problem with the economy is too little consumer demand, why was consumer spending in the second quarter of this year higher than in mid-2007, before the recession began?