Category: Economy

Economy, Education

America’s Business is Jobs, Not College

Many of us are guilty. I am, too. You, probably. In high school (and after) we mocked the kids who took shop. The “greasers” who got credit for wrenching on cars or welding or making cabinets. It was the 1980s and shop, along with home economics, became an elective in most schools. Until the 80s, …

2016 Election, Economy

If Donald Trump Scares You, You Should See a Depression

Guest post by Lee Presser. America’s fiscal year is October 1 to September 30.  With two month left in FY16, the U.S. Treasury has already paid creditors $380,925,428,211.67 in interest costs.  (That’s $381 Billion)  http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm The average interest rate was just over 2%.  http://www.treasurydirect.gov/govt/rates/pd/avg/2016/2016_07.htm  It is expected that the last two month’s of this fiscal …

Economy, Limited Government

Don’t Make These Simple Mistakes About Debt

Our present crisis is  the result of: Too much borrowing Too much spending Too much government control Too much taxing Those who argue that America needs to borrow, spend, regulate, and tax more are simply wrong, wrong, wrong.  Their argument is absurd  on its face. The way to increase revenue to government is to increase …

Economy, Latest, Limited Government

80 Percent of Americans Read This Blog Every Day

I’ll be honest with you: I’ve lied. Usually out of desperation. I’ve lied to those closest to me—those most willing to forgive the thing I lied about.  I’ve also told the truth to my own detriment.  In the long run, the latter works best. In fact, telling the truth works best in the short run, …

Economy

Simply Staggering

The federal budget deficit in the month of February 2011 exceeds the deficit for all of 2007 by 40 percent. Simply staggering. Yet Senate Democrats refuse to cut more than a paltry $6 billion. They refuse because they seem bent on collapsing the American system – the economy, the government, and the people themselves. But …

Economy

4 Ways Government Can Help Create Shared Value

Last week I wrote about Creating Shared Value. In that post, I pointed to a Harvard Business Review article by Michael Porter and Mark Kramer. If you haven’t read both my post and the Michael Porter piece, please do so now.  I’ll wait. Now that you’re up to date, let me add the Tea Party …

Economy

Jay Nixon Putting Party Ahead of Missouri? *UPDATE*

Last week, the Illinois legislature passed a massive income tax increase on individuals and businesses.  Overall, it represents about a 67 percent income tax increase. In response, neighboring states of Wisconsin and Indiana have wisely mounted massive campaigns to suck businesses and people out of Illinois.  Even New Jersey’s fabulous governor, Chris Christie, plans to …