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Keyword: jobsandeconomy

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  • Economic Fairness

    12/14/2011 4:44:16 AM PST · by Kaslin · 6 replies · 1+ views ^ | December 14, 2011 | Walter E. Williams
    The most prevalent theme in President Barack Obama's Dec. 6 Osawatomie, Kan., speech was the need for greater "fairness." In fact, though the president never defined the term fair(ness), he used it 15 times. Explaining his new hero, Teddy Roosevelt, Obama said: "But Roosevelt also knew that the free market has never been a free license to take whatever you can from whomever you can. He understood the free market only works when there are rules of the road that ensure competition is fair and open and honest." What's fair competition is somewhat subjective, but let me suggest a few...
  • Obama's '60 Minutes' Interview Gives Grading on a Curve New Meaning

    12/13/2011 3:58:47 AM PST · by Kaslin · 20 replies ^ | December 13, 2011 | David Limbaugh
    The most disturbing aspect of President Obama's "60 Minutes" interview is how sincere he sounded when misrepresenting his record. I'm not sure whether I would prefer that he be lying or self-deluded, but there's plenty of each to go around. Obama is a left-wing ideologue, a true believer, who is convinced that his agenda is mandated by a superior moral imperative (from who knows where) and that it must be advanced irrespective of the consequences, because no matter how bad they might be, they would have been worse without his agenda. Indeed, such is his blind faith that his policy...
  • Obama's Rx for the Middle Class

    12/08/2011 8:42:51 AM PST · by Kaslin · 10 replies ^ | December 8, 2011 | Debra J. Saunders
    In his big economics speech in Osawatomie, Kan., Tuesday, President Barack Obama asserted, "This is a make-or-break moment for the middle class." That's not good news for the middle class. What's the big problem facing Americans today? A lack of good jobs or the fact that rich people make more now than rich people used to make? The president seems to believe the latter. He seems to think that if Democrats raise tax rates on the wealthy, jobs will become fruitful and multiply. Or if they don't, at least he can blame Republicans for not agreeing to his economic package....
  • Payroll Tax "Cut" Just Another Welfare State Scam

    12/05/2011 4:55:40 AM PST · by Kaslin · 23 replies ^ | December 5, 2011 | Star Parker
    Last year a one year cut in the payroll taxes that working Americans pay to finance Social Security was enacted in the name of so-called economic “stimulus.” But, like the rest of the economic stimuli that have come from Washington over the last three years, the only thing that has been stimulated is the growing hole of national debt into which we sink deeper and deeper. But now, not without surprise, our president and his Democrat colleagues want to continue, and possibly expand, this payroll tax holiday despite its obvious failure. But wait a second. Failure is a matter of...
  • Millennials See Success

    11/27/2011 5:04:11 AM PST · by Kaslin · 7 replies ^ | November 27, 2011 | Salena Zito
    Brandon Chu thinks everything will be OK. The 20-year-old nutrition major at the University of Pittsburgh doesn't buy into the narrative that his generation is less likely to succeed, less likely to do better than their parents, or less likely to achieve the American Dream. "Absolutely false," he said. "I understand that the economy is amplified for our generation but certainly not the cause for us to collapse or not be successful." In fact, he said, his generation will be more successful "because we do not have the same reliance on government that previous generations have had." Chu is part...
  • Should the rich be condemned? Should the rich be condemned?

    11/22/2011 7:31:42 AM PST · by markomalley · 20 replies
    Washington Examiner ^ | 11/21/11 | Walter E Williams
    Thomas Edison invented the incandescent bulb, the phonograph, the DC motor and other items in everyday use and became wealthy by doing so. Thomas Watson founded IBM and became rich through his company's contribution to the computation revolution. Lloyd Conover, while in the employ of Pfizer, created the antibiotic tetracycline. Though Edison, Watson, Conover and Pfizer became wealthy, whatever wealth they received pales in comparison with the extraordinary benefits received by ordinary people. Billions of people benefited from safe and efficient lighting. Billions more were the ultimate beneficiaries of the computer, and untold billions benefited from healthier lives gained from...