Showing posts with label private sector. Show all posts
Showing posts with label private sector. Show all posts

Why Freight Rail Pays And Passenger Trains Flunk

by Michael Barone. Forty years ago, American railroads were in trouble. The Penn Central, the largest railroad, had recently gone bankrupt. American freight rail was technologically obsolescent and hamstrung by union rules and government rate regulation. American passenger rail was unprofitable and unreliable. Freight rail was   ... MORE

Who Will Defend Capitalism If Not The Capitalists?

Cowardly CEOs throw capitalism over fiscal cliff. The fiscal cliff is exposing some brassy hypocrisy on Wall Street. Eager to score points with the White House, one CEO after another is throwing capitalism over the edge. Remarks by leading captains of industry over the past few weeks have sounded alarmingly anti-market. Some of these         ... MORE

Ira Stoll: Why AT&T's CEO Wants Higher Taxes

They a lot of business with the U.S. government.            AT&T customers, pay attention: your phone company is trying to raise your rates. No, not your phone rates: your tax rates. And therein lies a story. If federal campaign contributions are any guide, the CEO and chairman of AT&T, Randall Stephenson, is, or was, a solid Republican. In         ... MORE 

Doug Doan: Homeland Security - What Next?

What we should do next.    So far, none of the presidential candidates have mentioned much about Homeland Security. With so many other problems, issues surrounding how best to organize, manage and lead the vast DHS bureaucracy are just not that important. Too bad. I would have liked to see the candidates talk about what they might do. Here is an agenda ... MORE

Why Government Spending Doesn't Create Jobs

by Robert J. Samuelson. Who creates most jobs? Hint: It's not the government. Almost everyone seems to grasp that the private sector is the true jobs machine. But here's a notable exception to the consensus: the editorial page of The New York Times. The other day, its lead editorial was "The Myth of Job Creation: The government does in fact create  ... MORE

Arthur C. Brooks: Making A Moral Case For Capitalism

Freedom requires it.     Earlier this month in the first presidential debate, Mitt Romney made an unusual argument by modern political standards: that long-term deficit spending is not just an economic issue, but a moral one. "I think it's . . . not moral for my generation to keep spending massively more than we take in, knowing those    ... MORE

TSA Pat-Down Horror Stories Prompt Private-Screener Plan

One way to reign in an out-of-control bureaucracy.      The congressman who held 22 hearings over a year and a half that tracked public backlash against the Transportation Security Administration says he's ready to offer legislation to save the agency from itself. "The truth is this is a very dangerous world," Rep. Mike Rogers, chairman of the House       ... MORE

Randall Hoven: What's Strangling Job-Creation?

The mountain of government obstacles.    Recessions were never fun, but we used to bounce back from them fairly quickly.  The phrase "bounce back" actually applied.  They were more like injuries in our youth: we could "walk them off."  Healing was natural, speedy, and expected. But now it seems like every minor injury sends us to the hospital;   ... MORE

CNN Fact Check: About Those 4.5 Million New Jobs ...

Dems neglect to mention 5 million jobs lost.   Anyone watching the Democratic National Convention on Tuesday night heard the number 4.5 million several times. "Despite incredible odds and united Republican opposition, our president took action, and now we've seen 4.5 million new jobs," San Antonio Mayor Julian Castro, the party's keynote     ... MORE

Steve Conover: 'Top Down' Vs. 'Bottom Up'

“Top-down economics” is a hijacked phrase.    Objectively, it should be the label assigned to rule-of-czar capitalism steered by government officials. Instead, campaign rhetoric has been assigning it to rule-of-law capitalism driven by consumers and entrepreneurs—supposedly a system steered by the already-rich, in which money gradually    ... MORE

Should We Hire Even More Teachers, Cops And Fireman?

by Nick Gillespie. Though it feels like it was about a thousand years ago, it was only a couple of weeks back that President Barack Obama announced that the private sector was "doing fine" and that it was the public sector that really needed a helping hand getting through this furshlugginer economy. Former Massachusetts Gov. Mitt Romney bravely critiqued his    ... MORE