Daily Archives: August 5, 2011
How did we add 117,000 jobs when employment fell by 1.2 million?
I dunno. Ask the people at the Bureau of Labor Statistics and the folks in the media that rip and read BLS press releases. Following up on Jon Ham’s latest Media Mangle, reporting on monthly jobs reports often varies from abysmal to downright fraudulent. Part of that has to do with the complicated way BLSContinue Reading
Why North Carolina should reject wind power and repeal its renewable portfolio standard
Bush vs. Obama on the treatment of terrorists
Bush–captures them, waterboards them, extracts information from them, sends them to Guitmo. Obama–sends a drone to where they are. Kills them. Bush–torturer, guilty of war crimes. Obama–great humanitarian and Nobel Peace Prize winner.
Capitalism Obama Style
My former colleague Paul Chesser, now head honcho at the American Tradition Institute, has a great article on how the eco-industrial complex (EIC) –my words not his–is fleecing the American taxpayer. Exhibits #1,2,&3 are Duke Power, General Motors, and General Electric. The EIC has given us, in chesser’s words, “a costly, counterproductive policy, that isContinue Reading
Congress raised the debt ceiling, but….
Will people, firms, and/or foreign governments be willing and able to lend those trillions? My old friend Pat Heller, who runs a rare coin business in Lansing, MI, asks that question here.
It doesn’t end with the debt ceiling – more right here at home.
The federal government is not the only taxing entity increasing our debt. NC counties, cities and towns have increased their debt by 3% in the last twelve months. Triangle Business Journal reports, “Divided by the population, the state-level debt works out to $746.31 for every man, woman and child living in North Carolina…” JLF;s CityContinue Reading
Why the feds can only undermine the economy, not strengthen it
In today’s Freeman column, Sheldon Richman does a superb job of demonstrating why federal spending (and whether it’s paid for by taxing or borrowing doesn’t matter) can only get in the way of the one thing that matters, namely rising production of goods and services that consumers want. All that government ever does is toContinue Reading
Troy notes how the changing media landscape helped Republicans in the debt-limit fight
Tevi Troy‘s latest column for Conservative Home delves into the reasons President Obama was unable to rely on the old Clinton playbook to beat Republicans during the debt-limit debate. One of Troy’s conclusions? Liberal media bias played a smaller role during this year’s skirmish: I noted that the change in the media over just theContinue Reading
