In the past, I have written about poor governance at the city and national levels (“Detroit: A Glimpse into America’s Future?,” “We’re Broke,” “Into the Fiscal Abyss,” “The End Game,” et al.). But, of course, the “government disease” afflicts states … Continue reading
Economics & Political Systems
The Minimum Wage: Keeping Prosperity Around the Corner
The last thing we need in the midst of our current recession is what happened last Friday: the third increase in the minimum wage in only two years. Contemporary labor markets throughout the country are not a pretty picture. Last … Continue reading
The Next Great Depression, Updated
“There is nothing inevitable about another depression. We have a simple choice: We can repeat the errors of the past or we can avoid them.” Those were my words, Feb. 8, 2008. It’s time for a “depression watch” update. Unfortunately, it’s … Continue reading
Detroit: The Triumph of Progressive Public Policy
Guest Commentary Editor’s note: This article first appeared through the Mackinac Center for Public Policy, a research and educational institute headquartered in Midland, Mich. Permission to reprint in whole or in part is hereby granted, provided that the author and … Continue reading
The Nuts and Bolts of Cap and Trade
The purpose of cap and trade (C&T) legislation is to reduce Americans’ consumption of fossil fuels—coal, oil, and natural gas—and to speed up the transition to alternate forms of energy, such as wind and solar power. The “cap” part would … Continue reading
Kind of Like Star Wars all Over Again
Editor’s note: This article first appeared at WORLDmag.com. Reprinted with permission of WORLDmag.com. To read more news and views from a Christian perspective, call 800-951-6397 or visit www.WORLDmag.com. Remember SDI? There’s a good chance you don’t because as soon as … Continue reading
No Laughing Matter
Who won the Cold War? That’s a no-brainer. The United States prevailed while the Soviet Union collapsed, and the People’s Republic of China dumped Marxism; capitalism (free markets and private property) triumphed over socialism (centrally planned markets and state-owned property); … Continue reading
Detroit: A Glimpse into America’s Future?
Wouldn’t it be wonderful if, like Ebenezer Scrooge, we could have a preview of the future so that we could change our course if necessary? This can happen in real life. Such a dispensation was granted to me 35 years … Continue reading
Team Obama’s Auto Coup
In assessing Team Obama’s semi-nationalization of the auto industry, a slight alteration of the famous verse by Elizabeth Barrett Browning encapsulates my reaction: “How do I [not] love thee? Let me count the ways.” 1) The government takeover is unconstitutional. … Continue reading
Buy American, but Exclude Farrell, Pa.
Editor’s note: This article first appeared at WORLDmag.com. Reprinted with permission of WORLDmag.com. To read more news and views from a Christian perspective, call 800-951-6397 or visit www.WORLDmag.com. “Buy American” legislation preserves American jobs. Or does it? Buy American legislation … Continue reading
Meet John Podesta: Architect and Salesman for the New Progressivism
Editor’s Note: Be sure to mark your calendar for April 15-16, 2010, when The Center for Vision & Values hosts its sixth annual conference on “The Progressive Surge and Conservative Crackup.” John Podesta is a 60-year-old son of Italian/Greek immigrants, … Continue reading
Economic Strangulation: The Environmentalist / Democrat War Against Energy
The “greens” must be thrilled with the new Obama/Pelosi/Reid (OPR) troika in charge of the federal government. Three times already, the troika has blocked the development of domestic oil resources. During his first week in office, President Obama rescinded his … Continue reading
The Riskiest Merger
Guest Commentary Bumpy though the last decade has been, most Americans have continued to trust in the basic institutions that undergird the nation’s economy. Until now. Recent polling reveals a public toying with doubts about American-style capitalism yet equally suspicious … Continue reading
AmeriCorps and the Ivy Leaguer
Thousands of students graduating from college are turning to AmeriCorps for employment. One such graduate, an Ivy Leaguer from Dallas, is heading to Pittsburgh Steelers country to work as a food project coordinator. She says, “I want to give back, … Continue reading
Checkmate?
Some people I know react with incredulity when they hear television commentators remark on President Barack Obama’s brilliance. “How can he say that?” they expostulate. “He doesn’t understand basic economics, and he relies on a teleprompter even during news conferences. … Continue reading
FDR: Then and Today (A review of Burton Folsom’s “New Deal or Raw Deal”)
Economic historian Burton Folsom’s “New Deal or Raw Deal?” is a truly important book. Thoroughly researched, well organized and fluently written, this reader-friendly study of President Franklin Roosevelt’s New Deal is “the real deal”—a fascinating, illuminating study of the politics … Continue reading
Economic Stimulus 101: Reaganomics vs. Obamanomics
President Obama says the economy is the worst since the Great Depression. Actually, it is the worst since the Reagan recession of 1982-83. Further, the 2009 market crash is not the worst since 1929 but since 1987—also on Ronald Reagan’s … Continue reading
Two Americas?
One of the favorite refrains of the class-warfare left has long been to lament what it perceives as a division in America between economic haves and have-nots. From the standpoint of egalitarian, socialistic philosophy, the fact that some Americans prosper … Continue reading
Obama, Looking More Like Nixon than FDR
The Bush administration subjected us to a deluge of fiscal and monetary expansion, the likes of which we haven’t seen since the 1960s. The federal budget ballooned 112 percent from $1.86 trillion in 2001 to a projected $3.94 trillion in … Continue reading
In Praise of Capitalist Exploitation
For well over a century, socialists, progressives, and even many Christians have railed against the capitalist exploitation of workers. They denounce capitalists—whether the Carnegies and Fricks of yesteryear or the Nikes of today—for paying low wages for hard work. Their … Continue reading
