The 2010 Index of Economic Freedom lowers the ranking of the United States to eighth out of 179 nations—behind Canada! A year ago, it ranked sixth, ahead of Canada.
Don't say it's Barack Obama's fault. Half the data used in the index is from George W. Bush's final six months in office. This is a bipartisan problem.
Freer Is Better - Reason Magazine
Thursday, October 14, 2010
The American Spectator : The Limits of Liberal Demagoguery
The political success of liberalism is parasitic, feeding off order and prosperity that the implementation of liberal policies couldn't possibly create.
Bill Clinton's recent bragging on the campaign trail about the budgets that he balanced in the 1990s is an illustration of this: Where did those budgets come from? Not from the policies of liberalism. Take away the significant reductions in defense spending that came from Ronald Reagan winning the Cold War, the wealth from an entrepreneurial economy that an era of tax cuts generated, and the check on Democratic spending schemes from Newt Gingrich's Congress, and those budgets would never have been balanced.
The American Spectator : The Limits of Liberal Demagoguery
Bill Clinton's recent bragging on the campaign trail about the budgets that he balanced in the 1990s is an illustration of this: Where did those budgets come from? Not from the policies of liberalism. Take away the significant reductions in defense spending that came from Ronald Reagan winning the Cold War, the wealth from an entrepreneurial economy that an era of tax cuts generated, and the check on Democratic spending schemes from Newt Gingrich's Congress, and those budgets would never have been balanced.
The American Spectator : The Limits of Liberal Demagoguery
Labels:
Bill Clinton,
Democratic Party,
Liberalism,
Ronald Reagan,
Socialism
Jim DeMint: Senator Tea Party - John J. Miller - National Review Online
“This is part of an American awakening,” says DeMint. “If people want to take back their government, they can do it. No state is out of play.” DeMint is now positioning himself as the Great Awakener — a national leader of a highly decentralized tea-party movement whose activist energy may hold the key to turning 2010 into another 1994 for the GOP.
Jim DeMint: Senator Tea Party - John J. Miller - National Review Online
Jim DeMint: Senator Tea Party - John J. Miller - National Review Online
Wednesday, October 13, 2010
Keeping the Poor in Poverty - Michael Tanner - National Review Online
Yet Obama and the Democrats, in thrall to the teachers’ unions, steadfastly resist proposals to give parents more control over their children’s education. Washington, D.C., has a public-school system that, despite spending more per child than almost any other system in the nation, still has a dropout rate of more than 50 percent. Yet one of the first actions of the president and congressional Democrats was to kill the Opportunity Scholarship Program, which offered vouchers to permit poor children to opt out of the city’s rotten public schools.
Keeping the Poor in Poverty - Michael Tanner - National Review Online
Keeping the Poor in Poverty - Michael Tanner - National Review Online
The American Spectator : So Much Worse Than Carter
But the indictment of Obamanomics goes beyond the actual performance so far. Even worse is that the economic policies have been so illogical, so transparently doomed to failure, and so threatening to America's future.
The American Spectator : So Much Worse Than Carter
The American Spectator : So Much Worse Than Carter
Labels:
Barack Obama,
Keynesianism,
Political Ideology,
Ronald Reagan
Tuesday, October 12, 2010
New Library Topic: Keynesianism | Intellectual Takeout (ITO)
"The Keynesian idea in itself is actually fairly simple: The market economy is inherently unstable, and recession and high unemployment are mainly the result of insufficient spending in the private sector. Therefore, to achieve full employment and sustained economic growth, the government needs to actively intervene to increase spending, if necessary through deficit financing.
Critics of Keynes pointed out problems with his theory relatively quickly."
New Library Topic: Keynesianism | Intellectual Takeout (ITO)
The Republican Pledge to America | www.hillsdale-econ.com
"Instead we have the arbitrary rule of whoever has power. This regime uncertainty, as Robert Higgs has called it, is the primary reason that we have nearly 15 million unemployed and another 8.9 million working part-time who would rather have full-time employment. The most important aspect of The Republican Pledge is that it provides the certainty of limited government that allows the market economy to provide opportunity and an elevated standard of living for all Americans."
The Republican Pledge to America | www.hillsdale-econ.com
The Republican Pledge to America | www.hillsdale-econ.com
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