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Keyword: prosperity

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  • The YUGE Case For Donald Trump – Part 1

    11/03/2015 9:59:13 AM PST · by Jane Long · 18 replies
    Intellectual Froglegs ^ | October 30, 2015 | JOEDANMEDIA
    According to the Establishment Republicans...the only reason Donald Trump is doing so well...is because there are so many "low-information" voters. Personally... I think they're full of crap, and I intend to prove it. So this multi-part series The Case for Donald Trump - is loosely based on "20 REASONS WHY IT SHOULD BE DONALD TRUMP IN 2016" written by the brilliant A.J. Delgado, whose columns have appeared in Breitbart, National Review, American Conservative, Fox News, etc, AND she holds a juris doctorate from Harvard Law School. Did I mention...AJ is a girl? Anyway...so while I may be one of the...
  • Report: Married Parents Raising Children Best Bet for Economic Prosperity of Family, Society

    10/23/2015 6:11:17 AM PDT · by xzins · 39 replies
    CNS ^ | October 22, 2015 | Penny Starr
    A report released by the American Enterprise Institute’s Institute for Family Studies showed that strong families have a direct impact on the economy in the states where they live and work and that married parents raising children are better predictors of economic mobility, child poverty and median family income than other demographics such as race or education. “Higher levels of marriage, and especially higher levels of married-parent families, are strongly associated with more economic growth, more economic mobility, less child poverty and higher median family income at the state level in the United States,” the report stated. Using data from...
  • Ireland economy surges with GDP growth forecast at 6%

    09/11/2015 2:39:11 AM PDT · by Berlin_Freeper · 3 replies
    theguardian.com ^ | 10 September 2015 | Phillip Inman
    Ireland is on track to maintain its stellar growth record after the low euro helped boost exports in the second quarter of the year. The government predicted GDP would expand by 6% this year, matching last year’s post-crash record and maintaining Ireland as the fastest-growing economy in the eurozone.

    09/07/2015 7:38:36 AM PDT · by FiddlePig · 25 replies
    Redneckoblogger ^ | 9/7/2015 | Redneckoblogger
    Labor Day, 2015 Dear Mr. Trump…(with some trepidation this is posted) Sir, if you are chosen to “make America great again”, understand it is a divine mission from God, much larger than yourself, your ego, your image or any business you’ve ever conducted! I don’t know if you are a Godly man, a conservative, a huckster, a tyrant or our next president… but you have lit the fire of real hope (not the phony Obama kind) among many of us who in deep frustration, no longer feel represented by those we elect. I don’t know if you’re the best vehicle...
  • The Imperative of Technological Progress: Why Stagnation Will Necessarily Lead to Disaster & how...

    08/18/2015 11:37:37 AM PDT · by Mellonkronos · 1 replies
    Wave Chronicle ^ | August 18, 2015 | G. Stolyarov II
    [Another pro-technology piece. Of course, we need free markets so entrepreneurs can do great things!] The Imperative of Technological Progress: Why Stagnation Will Necessarily Lead to Disaster and How Techno-Optimism Can Overcome It“He who moves not forward, goes backward.” -- Johann Wolfgang von Goethe If the approximate technological and economic status quo persists, massive societal disintegration looms on the horizon. A Greece-style crisis of national-government expenditures may occur as some have predicted, but would only be a symptom of a greater problem. The fundamental driver of crisis since at least September 11, 2001, and more acutely since the Great Recession...
  • Hillary Clinton urges new era of shared American prosperity

    06/13/2015 9:48:22 AM PDT · by NormsRevenge · 62 replies
    SFGate.com ^ | 6/13/15 | Lisa Lerer - AP
    NEW YORK (AP) — Hillary Rodham Clinton called for a new era of shared prosperity in America and told thousands at a presidential campaign rally Saturday that workers can trust her to fight for them. "It's America's basic bargain," Clinton said. "If you do your part, you ought to be able to get ahead, and when everybody does their part, America gets ahead too. "That bargain inspired generations of American families, including my own," the former secretary of state and first lady said.
  • The Ticket to Prosperity

    04/08/2015 4:37:01 AM PDT · by Kaslin · 8 replies
    Townhall.com ^ | April 8, 2015 | Walter E. Williams
    Gaza is home to Palestinian people, who have suffered injustices and have a history of legitimate grievances against both Israel and Arab governments. If there's one immutable fact of life, it is that history cannot be changed or controlled. What can be changed and controlled is the future. That points to the most tragic aspect of people in poor territories such as Gaza -- focusing attention on the past, which they can do nothing about, and not paying enough attention to the future. In the case of Palestinians, the first order of business is to recognize that they cannot militarily...
  • Scott Walker Is the Worst Candidate for the Environment

    03/11/2015 12:35:51 PM PDT · by Cincinatus' Wife · 57 replies
    Mother Jones ^ | March 11, 2015 | Tim McDonnell |
    Scott Walker is killing it with Republicans. The Wisconsin governor is one of his party's rising stars—thanks to his ongoing and largely successful war against his state's labor unions, a fight that culminated Monday with the signing of a controversial "right-to-work" bill. Now (for the moment, anyway), he's a leading contender for the 2016 Republican presidential nomination. At the Conservative Political Action Conference a couple weeks ago, he polled a close second to three-time winner Sen. Rand Paul (Ky.), beating the likes of Sen. Ted Cruz (Texas) and former Florida Gov. Jeb Bush by a significant margin. It probably won't...
  • Prosperity Gospel: Are Rich People More Likely to Go to Heaven Than Poor People?

    02/26/2015 8:21:21 AM PST · by pinochet · 58 replies
    Like many Freepers, I was raised in a Christian denomination that did not teach the Prosperity Gospel (PG). In the last few years, I have tried to make sense of the prosperity teachings, and it is possible that I may not fully understand them. But I will explain the PG teachings as best as I am able to understand them. The Prosperity Gospel teaches that rich people are rich, because they engage in the behavior that God approves of, and this means that rich people are blessed by God. But poor people are poor, because they engage in behavior that...
  • How the middle class has fragmented under Obama

    01/26/2015 3:49:58 AM PST · by SoFloFreeper · 3 replies
    yahoo finance ^ | 1/20/15 | Rick Newman
    [When] Obama delivered his first State of the Union address in 2009, 53% of Americans considered themselves middle class. Six years later, just 44% of Americans define themselves that way..... The middle class itself, however, has changed notably during the relatively short time Obama has been in office, as the chart below shows. The portion of Americans who consider themselves middle class has dropped (as has the portion considering themselves upper class), while the ranks who call themselves lower class have swelled.
  • America the Bountiful: Be Thankful, We live in a time of unprecedented material wealth & well-being

    11/27/2014 11:51:35 AM PST · by SeekAndFind · 24 replies
    National Review ^ | 11/27/2014 | Rich Lowry
    We live in an age of miracles. Throughout all of human history, material progress essentially didn’t exist until around 1800. The economic trajectory was flat until the human lot began to improve in ways that would have been unimaginable in prior millennia. This change gave us the world as we know it. In her brilliant book on the transformation, Bourgeois Dignity, Deirdre McCloskey writes how the average person in the world subsisted on roughly $3 a day during humanity’s long economic stasis. Then, with the breakout, countries that experienced modern growth over the past couple of centuries saw their material...
  • Pity Party Nation: Who Cares If You're Offended? (Its About Time Someone Ask This Question)

    10/21/2014 4:24:19 AM PDT · by Kaslin · 25 replies
    Townhall.com ^ | October 21, 2014 | John Hawkins
    Since when did, “I’m offended,” become an argument that trumps all facts, logic and common sense? When did regularly claiming to be aggrieved on behalf of some splinter of the population become a high paying gig? How did we get to a point in America where people are PROUD to tell you that they’re “victims?” There are a lot of reasons things have gone so wrong on this front, but ironically, the biggest is that our nation has had so much success. Americans are now considerably richer and more educated as a group than Americans were a few generations ago....
  • How to Fight the Prosperity Gospel

    09/20/2014 4:37:51 AM PDT · by NYer · 40 replies
    Catholic Stand ^ | September 17, 2014 | Leticia Adams
    This morning I woke up and read an article about the Olsteen Predicament. It was kind of weird because the issue of the prosperity gospel has been coming up a lot lately. I watched the video of Victoria Olsteen’s sermon and wondered why anyone would believe that crap. It is so easy to see that her preaching that our happiness is the ultimate goal of following Christ is completely opposite of what Jesus Himself says in the Gospel. My problems with the Olsteens and people like them such as TD Jakes, Joyce Meyer and so many mega church pastors are...
  • Osteen Email

    Email from Joel Osteen. I have posted the daily email that Joel Osteen sends out. Ordinarily people are not allowed to debate this email. In this case you may but please be respectful of others who may follow Osteen. http://www.joelosteen.com/Pages/MessageViewer.aspx?date=2014-09-03
  • Black Christians and the Myth of Prosperity Preaching

    07/20/2014 7:03:47 AM PDT · by SeekAndFind · 34 replies
    American Thinker ^ | 07/20/2014 | Patricia L. Dickson
    With the in-your-face display of greed and arrogance of the so-called pastors on the reality show Preachers of L.A., I began to wonder: when will black Christians wake up and say enough is enough?  Although there are some white pastors of mega-churches who have a net worth of almost triple their congregants as well, I want to focus on the plight of the black saints who sit under the ministry of black pastors (and some white pastors) Sunday after Sunday and continue to live paycheck to paycheck.After some years of attending mega-churches pastored by both black and white men and...
  • Why States Prosper (or Decline): Low taxes, opportunity, and warm weather attract migrants.

    05/10/2014 9:58:03 AM PDT · by SeekAndFind · 8 replies
    National Review ^ | 05/09/2014 | Stephen Moore & Arthur B. Laffer
    Finally, after being headquartered in Torrance, Calif., for half a century, Toyota has had enough of CaliforniaÂ’s anti-business, anti-growth policies and is packing its bags and moving to Plano, Texas, where the contrast couldnÂ’t be greater. And Toyota is not alone in fleeing California. You can tell a lot about the hot spots in America by tracking where Americans are moving to and where they are running from. Every year, about 3 million Americans move from one state to another; the combined adjusted gross incomes (AGI) of these movers and shakers is over $140 billion. Last week, the IRS...
  • Profit Is Indispensable for Prosperity: Thomas Piketty's Popularity Explains Our Sluggish Economy

    05/08/2014 6:39:31 AM PDT · by SeekAndFind · 2 replies
    Forbes ^ | 05/08/2014 | Steve Forbes
    FRENCH ECONOMIST and darling of the left Thomas Piketty is the latest in an endless array of economists who are clueless regarding profits and what brings about prosperity and a higher standard of living. In his call for ferocious wealth and income taxes on a global scale to combat what he believes is the growing inequality between the rich and everyone else, Piketty has become a media rock star. This merely underscores the fact that pundits and all too many journalists, politicos and economists know less about money and economics than their forebears did 100 years ago. No wonder the...
  • Daniel Patrick Moynihan Predicted the Future of the Black Family...[Bundy Echoed Democrat]

    04/24/2014 9:57:01 AM PDT · by SoFloFreeper · 19 replies
    Beyond Black and White ^ | 1/17/13 | Jamilia Akil
    The Negro Family: The Case for National Action, the 78-page report written by a then 38-year old Daniel Patrick ‘Pat’ Moynihan, an assistant secretary of labor for policy in the Lyndon B. Johnson administration, was never supposed to see the light of day. The Negro Family, which later came to be widely known simply as “The Moynihan Report,” did not even originally have Moynihan’s name on it’s cover–the document was only meant to be distributed to high-ranking members of the Johnson administration in order to spur discussion regarding what policies could be implemented in order to assist the Negro family...
  • Eager Republicans rush for the grassroots

    04/10/2014 7:54:25 PM PDT · by ObamahatesPACoal · 1 replies
    The Washington Times ^ | Jennifer Harper
    The timing is impeccable: A dozen famed conservatives with liberty, tradition and smaller government on their minds gather a mere 72 hours before Tax Day dawns. That would be the Freedom Summit on Saturday, a daylong showcase organized by Americans for Prosperity and Citizens United, staged in Manchester, the most bustling town in New Hampshire.
  • Americans Learn to Succeed by Learning From Failure

    02/07/2014 5:49:18 AM PST · by Kaslin · 14 replies
    Townhall.com ^ | February 7, 2014 | Michael Barone
    America succeeds because Americans fail and forgive. That's the intriguing message -- or part of it -- of Megan McArdle's new book "The Up Side of Down: Why Failing Well Is the Key to Success." McArdle, a Bloomberg blogger and columnist, stands out among economic writers, and not just because she's the only woman among them who is 6 feet 2 inches. She combines a shrewd knowledge of economics and practical experience with a writing style that every so often segues into comedy monologue. Americans fail a lot, she argues. Most new businesses fail. Most predictions are wrong. As the...
  • See the Americans for Prosperity Ad That Has Democrats Running Scared (Where's Kay Hagan?)

    01/15/2014 2:09:51 PM PST · by Libloather · 14 replies
    Free Beacon ^ | 1/15/14
    **SNIP** In recent weeks Sen. Hagan has attempted to distance herself from President Obama and his administrations failed policies.
  • In Texas, Economic Freedom Produces Innovation and Growth

    01/13/2014 1:42:49 PM PST · by ThethoughtsofGreg · 2 replies
    American Legislator ^ | 1-13-14 | Ben Wilterdink
    The United States is in the midst of an economic paradigm shift as evidenced by the evolution of state-level economies. States that used to be bastions of economic innovation are experiencing decline, while other states pick up the slack and replace them on the cutting edge of industry. In terms of public policy, the key to this shift lies in economic freedom and pro-growth tax and regulatory policies; states are realizing these policies are more likely to grow their economies rather than levying high taxes. Data show states with lower tax burdens vastly outperform their high-tax counterparts in nearly every...
  • Demoncrats: When the light in you is darkness

    10/06/2013 7:08:17 PM PDT · by ReformationFan · 8 replies
    Renew America ^ | 10-6-13 | Dan Popp
    Anyone that's familiar what the bible, anything like that, when Jesus said that you're going straight to hell if you didn't treat the less of his brothers and sisters, and what did he say, he said he was hungry. They give him food stamps. – Tax evading Congressman Charlie Rangel The demons are emerging from their pits, folks, and they're slithering toward the TV cameras. Cheatin' Charlie is not "familiar" with "the bible, anything like that." If he were, he would understand that "You Shall Not Steal" and "You Shall Not Covet" are two of the Ten Commandments, and that...
  • Rep. Ellison (Dim): ‘There’s Plenty of Money, It’s Just The Government Doesn’t Have It’

    08/03/2013 9:21:07 AM PDT · by Jim Robinson · 64 replies
    CNSNews ^ | Aug 2, 2013 | By Eric Scheiner
    (CNSNews.com) - Rep. Keith Ellison (D-Minn.) told a gathering of Democrats, “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it.” Ellison was discussing his ‘Inclusive Prosperity Act’ measure at the July 25th Progressive Democrats of America roundtable in Washington. “People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax,” Ellison said. “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government...
  • Americans Are Defining Prosperity Down

    07/22/2013 7:31:30 AM PDT · by SeekAndFind · 12 replies
    RCM ^ | 07/22/2013 | Robert Sameulson
    If proverbial Martians descended on Earth and toured America's crowded shopping malls, traveled its congested highways and sampled its technological marvels - from the many cable channels to ubiquitous smartphones - these visitors would be hard-pressed to describe the United States as poor or its economy as failing. The truth is that, even in its current unsatisfactory condition, America is an immensely wealthy society. It produces $16 trillion in annual goods and services, provides 136 million jobs and supports a median household income of $50,000. I do not cite these facts to excuse our economic faults. But it's important to keep...
  • Kerry: Israeli 'prosperity' prevents sense of urgency about peace

    05/24/2013 8:40:17 AM PDT · by Nachum · 19 replies
    Times of Israel ^ | 5/23/13 | Aaron Kalman
    Israelis’ “sense of security” prevents them from feeling sufficient urgency to resume peace talks with the Palestinians, US Secretary of State John Kerry said in Jerusalem Thursday, warning of fast-approaching “challenges” that required a change of approach for the Jewish State. “I think there is an opportunity [for peace], but for many reasons it’s not on the tips of everyone’s tongue,” Kerry told reporters before entering a meeting with President Shimon Peres. “People in Israel aren’t waking up every day and wondering if tomorrow there will be peace because there is a sense of security and a sense of accomplishment...
  • Laffer and Moore: The Red-State Path to Prosperity

    03/28/2013 5:09:23 AM PDT · by SeekAndFind · 8 replies
    Wall Street Journal ^ | 03/28/2013 | Art Laffer and Stephen Moore
    You can tell a lot about prosperity in America by observing the places people are moving to and where they are packing up and moving from. New Census Bureau data on metropolitan areas indicate that the South and the Sunbelt regions continue to grow, while the Northeast and Midwest continue to shrink. Among the 10 fastest-growing metro areas last year were Raleigh, Austin, Las Vegas, Orlando, Charlotte, Phoenix, Houston, San Antonio and Dallas. All of these are in low-tax, business-friendly red states. Blue-state areas such as Cleveland, Detroit, Buffalo, Providence and Rochester were among the biggest population losers. This migration...
  • Focus on Freedom and Prosperity Is Key

    03/07/2013 4:29:09 AM PST · by Kaslin
    March 7, 2013 | Jackie Gingrich Cushman
    The recent political entanglements over the budget have focused more on political maneuverings and who is right about what statement, rather than what the policies mean to average, everyday Americans. It might be standard politics, but it does not create the right framework. The right framework includes thinking about the impact to everyday Americans and to future generations of Americans. When our founders fought for freedom, they did so for future Americans as well as themselves. Our nation has long led the world's fights for freedoms -- freedom of religion, freedom of speech, freedom to bear arms. Our founding document,...
  • The Texas Growth Machine: The data show that the Lone Star State’s prosperity is no mirage.

    02/11/2013 7:24:58 AM PST · by SeekAndFind · 13 replies
    City Journal ^ | 02/11/2013 | Wendell Cox
    The American economy has had little to cheer about since the 2008 financial meltdown and the resulting recession. Recovery has been feeble, and many states continue to struggle. One bright spot in the general gloom, however, is Texas, which began shining long before 2008. Not only has Texas created jobs at a stunning rate; it has also—pace critics like the New York Times’s Paul Krugman—created lots of good jobs. Indeed, the rest of the nation could turn to the Lone Star State as a model for dynamic growth, as a close look at employment data shows. The first thing to...
  • Reagan’s Four Principles and Texas’ Prosperity (Happy Birthday today, to a Great President)

    02/06/2013 8:47:34 AM PST · by SeekAndFind · 10 replies
    Townhall ^ | 02/06/2013 | Peggy Venable
    Ronald Reagan was born Feb 6, 1911. This week marks the 102nd anniversary of Ronald Reagan’s birthday. It provides a time to reflect on the leader and on his vision for America. A former Democrat turned Republican, he had led a labor union and as an actor was an unlikely Presidential candidate when he first ran for President in 1976 against then-President Ford. He was not the typical Republican and frankly rocked the Republican establishment. But he eloquently articulated optimism for our country and a vision which garnered the support of voters from both parties as well as citizens who...
  • The Hopes and Fears of All the Years [The Importance of Children]

    12/31/2012 6:16:21 AM PST · by SoFloFreeper · 7 replies
    Acton Institute ^ | 12/26/12 | Jordan Ballor
    At some point, sooner or later, all new parents experience that moment when they realize that this new little life is their unique responsibility. It can be a bit surreal. Holding your little one, it strikes you that a tremendous gift has been given to you, a gift that brings with it significant and life-altering responsibilities. I, who am a bit slow on the uptake, took some weeks to realize that I was not only able but also allowed to bundle up my tiny son in his car seat and take him out of the house to run errands....
  • Congrats, Barry. US falls out of top 10 most prosperous nations

    12/17/2012 1:59:59 PM PST · by SeekAndFind · 34 replies
    American Thinker ^ | 12/17/2012 | Rick Moran
    You know that period between sleep and wakefulness where you're not quite sure you're still dreaming? I read this blog item at Powerline and had the exact same reaction: Via InstaPundit, we learn that for the first time, the United States does not rank as one of the world's ten most prosperous nations, as rated by London's Legatum Institute. The authors of the report found that the U.S.'s slippage is being driven by "a decline in the number of US citizens who believe that hard work will get them ahead." Well, they're right: in Barack Obama's America, hard work...
  • US Crashes Out Of The Top 10 In World Prosperity Index

    11/05/2012 1:48:34 PM PST · by SeekAndFind · 25 replies
    Business Insider ^ | 11/05/2012 | Joshua Berlinger
    The United States is no longer one of the world's ten most "prosperous" countries for the first time according to the Legatum Institute.The Legatum Prosperity Index assessed and ranked the prosperity of 142 countries based on eight sub-categories: economy, entrepreneurship and opportunity, health, governance, education, safety and security, personal freedom, and social capital.America experienced an "unprecedented" fall to twelfth in the rankings, as it experienced "weakening performance across five of the Index’s eight sub-categories."When referring to the U.S., the language of the report had a somewhat dire tone. It claims that "the American Dream is in jeopardy," and "the national ethos of the...
  • Will Texas Squander Its Prosperity?

    09/26/2012 5:42:59 AM PDT · by SeekAndFind · 26 replies
    RCM ^ | 09/25/2012 | Steve Malanga
    Texas has been on a roll recently. Fueled by a booming energy sector, the state has easily outpaced others in job growth. Business executives consistently rate it among the most desirable places to invest in, and Texas has made a habit recently of poaching jobs from places like California. Although Texas legislators did confront a budget squeeze a few years ago, the booming economy has provided Austin with plenty of fiscal room to maneuver, even as other states confront perhaps another decade of fiscal adjustments. Now Texas faces the challenge of managing its success over the long term. Although Texas...
  • China And Russia Are Ruthlessly Cutting The Legs Out From Under The U.S. Dollar

    09/12/2012 9:19:48 PM PDT · by Tolerance Sucks Rocks · 33 replies
    The Economic Collapse ^ | September 11, 2012 | The Economic Collapse
    The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the...
  • Romney says America deserves prosperity

    09/02/2012 3:49:21 PM PDT · by 2ndDivisionVet · 17 replies
    United Press International ^ | September 1, 2012
    CINCINNATI, Sept. 1 (UPI) -- U.S. Republican presidential nominee Mitt Romney, campaigning in Florida Saturday after a stop in Ohio, said America deserves "a brighter, prosperous future." "We're going to encourage individuals to know that they can build it here in America, that there's a brighter, prosperous future here," Romney told his supporters in Jacksonville, Fla. "You deserve that. You deserve that after these four years of trouble that you've had." GOP vice presidential candidate Paul Ryan joined Romney in Jacksonville and urged Floridians to back Romney at the polls, Politico reported. "Florida's going to elect Mitt Romney for the...
  • Are Emails From Americans For Prosperity Junk?

    08/29/2012 10:44:06 PM PDT · by ExxonPatrolUs · 4 replies
    Microsoft Junk Email Filter | Now | Me
    My Outlook junk-email option is set to low (filter only the most obvious junk e-mail). Why are Americans For Prosperity emails (I subscribed to) being sent to my junk folder? Anyone else experiencing this? Emails are coming from the domain afphq.org which is not specifically blocked in my junk email settings.
  • Obama's Shared Prosperity: A Euphemism Wrapped in a Lie

    08/16/2012 12:31:44 AM PDT · by Cincinatus' Wife · 16 replies
    The American Thinker ^ | August 16, 2012 | Daren Jonescu
    .....Forced "sharing" is coercion plain and simple. Government-enforced "sharing" is coercion at the point of a gun: "your prosperity or your life." Go back over the list of implications of "shared prosperity" that I offered a few paragraphs back. This time, each time you see the word "sharing," try substituting "relinquishing at the point of a gun." Now you can see exactly what Obama's "new vision" for America really means. It means that you will no longer own yourself. You will no longer have first claim -- or any meaningful claim, for that matter -- on your goods, your time,...
  • The Myth of Wartime Prosperity

    07/28/2012 11:02:35 AM PDT · by arthurus · 22 replies
    The American Connservative ^ | July 10, 2012 | Robert P. Murphy
    When pressed for a “success story” of their policies, Keynesians point with pride to World War II. They claim that it is the perfect illustration of the ability of massive government spending to lift an economy out of the doldrums. In the effort to battle this myth, Steve Horwitz and Michael J. McPhillips offer an interesting new article that analyzes diaries, newspapers, and other primary source documents from the wartime era. They show that average Americans on the home front certainly did not think they were living amidst a great economic recovery. Yet as I’ll show in this article—relying on...
  • Other voices: Supply and demand in the Oil Patch

    07/11/2012 1:59:20 PM PDT · by TurboZamboni · 23 replies
    Pioneer Press ^ | 7-10-12 | editors-Grand Forks Herald
    The guy has zero college and walks out of high school and is making 90-grand," said a Williston, N.D., teacher with a master's degree, speaking to The Associated Press about a former student who's working in the Oil Patch. "To me, that seems to be an injustice." Say what? Neither justice nor a degree entitles a person to a higher income. That's one of the fundamental truths of the labor market, and people in Williston and elsewhere should understand why.
  • Mitt Romney Wants a False Prosperity Using His Dad's Failed Policy

    06/03/2012 5:22:39 AM PDT · by Yashcheritsiy · 29 replies
    Business Insider ^ | 2 June 2012 | Gary Anderson
    It was determined a long time ago, that hot money from all over the world would fund big business and mortgages. Forget small business, that had to continue to rely on bank deposits. Mortgages and Big Business are funded by hot money. Hence, housing bubbles and momentum trading on Wall Street. The average investor has no clue that all this is going one. One of the pioneers of this strategy was George Romney, Mitt's dad. This funding through the securitization of mortgages resulted in the first subprime lending machine. Mitt Romney believes in this, even though small business is the...
  • Ann Romney Asks the Right Question

    06/01/2012 11:03:55 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | June 1, 2012 | Pat Buchanan
    When Hillary Rosen said that Ann Romney had "never worked a day in her life," it was among the better days of the Romney campaign. For Rosen -- present whereabouts unknown -- both revealed the feminist mindset about women who choose to become wives and mothers and brought Ann Romney center stage. Before a Connecticut audience recently, Mrs. Romney spoke of her reluctance to see her husband pursue the presidency a second time and said she resisted, until she got an answer to one critical question. "Can you fix it?" she asked Mitt. "I need to know. Is it too...
  • New England's lack of violence reaps economic benefits

    04/24/2012 7:33:53 PM PDT · by qaz123 · 24 replies
    Reuters ^ | 24April2012 | Scott Malone
    BOSTON (Reuters) - The rural New England states of Maine, Vermont and New Hampshire are the most peaceful U.S. states, a distinction that gives them an economic advantage over the most violent, including Louisiana, Tennessee and Nevada. Violence and its aftermath cost the entire U.S. economy some $460 billion last year, according to the Institute for Economics and Peace's second annual United States Peace Index, which was released on Tuesday.
  • 50-year-old CARTOON TRIED TO WARN US

    02/05/2012 10:10:00 AM PST · by Sprite518 · 30 replies
    Youtube ^ | 3/15/2010
    I thought it was worth spreading around.
  • "Free-enterprise Critics are Intellectually Bankrupt"

    01/19/2012 1:12:34 PM PST · by Aspenhuskerette · 9 replies
    The Aspen Times ^ | January 19,2012 | Melanie Sturm
    When Paul Simon sang “Mama don't take my Kodachrome” in 1973, he claimed he'd “read the writing on the wall,” but he couldn't have foreseen how a transformative technology — making photos from digits — would render obsolete his precious color film. The global brand icon that revolutionized photography, making it affordable and convenient for ordinary people, now teeters on the brink of bankruptcy. Unfortunately for Kodak workers and the residents of Rochester, N.Y., consumer choice — not Mama — vaporized Kodachrome. Because election season coincides with economic stagnation, lost jobs and defunct companies are political hot potatoes, putting capitalism...
  • Who you calling lazy?

    11/17/2011 3:50:13 AM PST · by afraidfortherepublic · 30 replies
    New York Daily News ^ | 11-17-11 | Andrea Tanteros
    It is arguably the job of any U.S. President to be our cheerleader-in-chief. That’s why President Obama’s recent comments blasting the business community for being asleep at the switch have the rest of the country reeling. “We’ve been a little bit lazy over the last couple of decades. We’ve kind of taken for granted — ‘Well, people would want to come here’ — and we aren’t out there hungry, selling America and trying to attract new businesses into America,” he told the corporate chiefs who gathered at the annual Asia-Pacific Economic Cooperation summit. But with millions of Americans out of...
  • McCotter Trailblazes Social Security Prosperity

    10/13/2011 11:38:47 AM PDT · by Kaslin · 6 replies · 1+ views
    Townhall.com ^ | October 13, 2011 | Peter Ferrara
    On September 12, the pioneering Rep. Thaddeus McCotter introduced trailblazing legislation providing workers the freedom to choose personal savings and investment accounts to finance half of their future Social Security benefits. This legislation would completely solve the future Social Security financing problem, without cutting benefits or raising taxes, as officially scored by the Chief Actuary of Social Security. Indeed, because standard, long-term market investment returns are so much higher than what Social Security even promises, workers with personal accounts will enjoy higher rather than lower benefits. Moreover, the legislation would result in the greatest reduction in government spending in world...
  • Double your salary in the middle of nowhere, North Dakota (oil boom)

    10/06/2011 4:23:37 AM PDT · by EBH · 44 replies
    CNN ^ | 9/28/11 | Blake Ellis
    Believe it or not, a place exists where companies are hiring like crazy, and you can make $15 an hour serving tacos, $25 an hour waiting tables and $80,000 a year driving trucks. You just have to move to North Dakota. Specifically, to one of the tiny towns surrounding the oil-rich Bakken formation, estimated to hold anywhere between 4 billion and 24 billion barrels of oil. Oil companies have only recently discovered ways to tap this reserve. And along with the manpower needed to extract the oil, the town is now scrambling to find workers to support the new rush...
  • Evangelicals and the Prosperity Gospel

    09/20/2011 12:42:33 PM PDT · by SeekAndFind · 14 replies
    Get Religion ^ | 09/19/2011
    Andrew Sullivan is right.I thought my hand would wither when I wrote this, but I must confess he is right.There has been a spate of interesting stories in the last week about the prosperity gospel. The Guardian has a nice piece on the indictment on fraud charges by Brazilian prosecutors of the king of the prosperity gospel preachers, Bishop Edir Macedor. And writing in The Daily Beast, Andrew Sullivan’s Dish column discusses the existential mindset of the Republican Party. He offers his readers the ‘prosperity gospel’ as one explanation for its militant mood.But let us first define our terms. What...
  • Putting the Jobs Cart Before the Growth Horse (growth and prosperity create jobs, not vice versa)

    09/19/2011 9:03:18 AM PDT · by SeekAndFind · 6 replies
    Real Clear Markets ^ | 09/18/2011 | Bill Frezza
    Among the colossal fallacies that keep our economy mired in unemployment, few loom as large as the notion that "creating" jobs leads to growth and prosperity, rather than the other way around. In fact, when jobs are treated as ends rather than means, the perverse effect of pursuing policies designed to artificially inflate employment figures only serves to make things worse. This conflation of cause and effect lies at the heart of entire schools of economics - a science made more dismal by the fact that whenever policy prescriptions fail to deliver their promised benefits, the proposed remedy is to...