If only government got out of the way. Fracking in the state of Colorado during the year 2012 created 111,000 jobs whereas Barack Obama’s entire economy has only generated 110,000 jobs for Millennials since 2007. What is wrong with our president? Does he suffer from a migraine headache or is he simply refusing to think straight? ... MORE
Showing posts with label prosperity. Show all posts
Showing posts with label prosperity. Show all posts
Walter E Williams: Economic Freedom
Another thing Obama fails to understand. A couple of years ago, President Barack Obama, speaking on the economy, told an audience in Osawatomie, Kansas: "'The market will take care of everything,' they tell us. ... But here's the problem: It doesn't work. It has never worked. ... I mean, understand, it's not as if we haven't tried this theory." ... MORE
The Data Is Clear: Free Markets Reduce Poverty
by D.W. MacKenzie. Some Catholic clergy have, once again, denounced supporters of laissez-faire capitalism.
Cardinal Oscar Rodriguez Maradiaga claims that the free market economy
is “a new idol” which creates inequality, excludes the poor, and that
“this economy
kills.” Cardinal Maradiaga does not speak alone. He quoted Pope ... MORE
Jaana Woceshyn: Income Levels Is Not A Social Issue
Don't take your eye off the ball. I have resisted writing about the perceived problem of inequality in income and wealth; Thomas Piketty’s book, Capital in the 21st Century, has received too much unjustified attention already. But I gave in because I think what I have to add to the debate helps in rejecting Piketty’s argument that ... MORE
Labels:
capitalism,
incomes,
inequality,
politicians,
production,
prosperity,
society,
trade,
wealth
Roger Meiners: Regulating Our Way To Prosperity
Government Math: More rules = more money. If you’re wondering why the stock market has risen in recent months despite uninspiring economic news, look no further than the Federal Register. This massive volume, where all new regulations are published, promises a bright economic future that should ease anyone’s concern ... MORE
Labels:
central planning,
economics,
government,
growth,
prosperity,
regulation,
rules,
stock market
Walter E Williams: Is There Wage Stagnation?
The answer may surprise you. Many economists, politicians and pundits assert that median wages have stagnated since the 1970s. That's a call for government to do something about it. But before we look at the error in their assertion, let's work through an example that might shed a bit of light on the issue. Suppose that you paid me a straight $20 ... MORE
Labels:
benefits,
economics,
government,
inflation,
prosperity,
regulation,
standards,
wages,
workers
Thomas Sowell: A Tiger Of A Book
Keeping the welfare state from destroying America. Professor Amy Chua of the Yale law school is better known as a "Tiger Mom" because of her take-no-prisoners, tough love approach to raising children. She and her husband Jed Rubenfeld (a fellow Yale law professor) have written what may turn out to be the best book of this year. It is titled ... MORE
Labels:
achievement,
immigration,
media,
mobility,
politics,
production,
prosperity,
society,
success
U.S. To Become Bigger Oil Producer Than Saudi Arabia
The glory of fracking. Hector Gallegos sits in the cab of his pick-up enjoying a few hours of calm. A day earlier, workers finished carting off the huge rig that had drilled three new wells beneath this small patch of south Texas farmland and he’s now getting ready to prime them for production. He reckons that about three weeks from now ... MORE
Michael Goodwin: Rich Taxpayers Are Shrugging New York
DeBlasio is driving out city's source of wealth. Money — it’s the root of all evil. Behind every great fortune lies a great crime. Or at least an unfair advantage. That’s the gist of the liberals’ creed and justification for their war on wealth. The other half of their view holds that the poor are innocent victims of life’s rigged game. Their ... MORE
Labels:
charter schools,
government,
incentives,
inheritance,
liberalism,
prosperity,
rich,
tax,
wealth
Jaana Woiceshyn: Envy Vs. Achievement
A battle of political philosophy. Envy is one of the most useless of feelings, both in our private and business lives. Yet many people experience it, at least from time to time. They envy their neighbor’s fancy car and exotic vacations, or wealth in general. They envy their friends’ educational achievements or the praise they receive ... MORE
Barry Farber: The Latest Marxism In America
Spotlighting Obama's 'The Good Life = less income' claim. Her father stuck his tongue out at her and aggressively allowed her big sister every advantage. He even threatened to strike her with his cane. He once forced her to display her “first bra” at the dinner table. And what was her major complaint about him at the end? He wanted her ... MORE
Labels:
economics,
incentives,
Marxist,
Obama,
prosperity,
rich,
standard of living,
success,
wealth
Roger Kimball: The Evils Of Capitalism
There is a link between limited government and prosperity. What’s the one thing everyone knows about capitalism? Why, that it started out as a mean, nasty tool of greedy industrialists. “The Industrial Revolution,” we all learned, was a terrible Moloch that devoured children, put profits before people, and though it made great fortunes ... MORE
Labels:
capitalism,
economics,
freedom,
history,
poverty,
prosperity,
standard of living,
wealth,
workers
Ronald Bailey: The President Is Wrong On Inequality
It is not the "defining challenge of our time." Are the rich getting richer?
Yes. Are the poor getting poorer? No. In fact, over the past 35
years most Americans got richer. Has income inequality increased in
the United States? Yes. Does it matter? Well, President Barack
Obama thinks so. In a December speech at the Center for American ... MORE
Labels:
economics,
income,
inequality,
mobility,
Obama,
poverty,
prosperity,
rich,
standard of living
Capitalism: The Solution To Mass Poverty
by Jaana Woiceshyn. In a recent Vancouver Province column “Capitalism has a role in fighting poverty,”
Mark Milke takes Pope Francis to task, rightfully, for attacking
capitalism while at the same time calling for eradication of poverty.
Milke is correct in recognizing the role capitalism plays in eradicating
poverty. However, capitalism ... MORE
Labels:
capitalism,
free enterprise,
free market,
incentives,
liberty,
poverty,
production,
prosperity
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