Conservatives deal with facts and reach conclusions; liberals have conclusions and sell them as facts.
Oh dear, it appears the CBO has turned a tad pessimistic about its earlier prognostications on the economy, stimulus and ObamaCare, heralded as dogma and chiseled in stone tablets on the alters of the Left’s Temple of Orthodoxy. Drinks all around for the Bookworm Room denizens that correctly anticipated
Continue readingGiven this blog’s recent flogging of the China versus U.S. (“us”) question, here is a primary example of how China may surpass the U.S. by becoming more business friendly as it decentralizes while the U.S. risks having to learn the lessons of socialist history all over again as our over-regulated
Continue readingIs our democracy germinating the seeds of its own destruction? Alexis de Toqueville warned, “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” That day has come. It is not yet gone. Democracy in ancient Athens lasted about 250
Continue readingSan Francisco is definitely up in the top five when it comes to “most Progressively governed cities in America.” No surprise, then, that the city’s finances are in a shambles. What is a surprise is the fact that, faced with a looming budget collapse, the City has suddenly discovered capitalist
Continue readingOne of my all-time favorite economic historians is Harvard’s Niall Ferguson, who does a very good job dissecting the transatlantic political and economic cultures with characteristic British clarity in erudition. He’s not perfect, however: witness his bad judgment in affixing his name to a worn-out political rag like Newsweek. But, I
Continue readingThere’s an excellent article in the WSJ about the challenges that retiring baby boomers face as 401(k)s fail to meet their retirement needs. I don’t know if this can be accessed without an online subscription to the WSJ, so to summarize…buffeted by two major stock market crashes, most baby boomers
Continue readingI attended a family gathering not long ago, liberally populated with Liberal in-laws, in which the mood was decidedly sour. Discussions revolved around the poor job market, employment uncertainty and health insurance. In conversations, a lot of resentment was directed at corporations, CEOs and their “disgusting and greedy” profits, salaries,
Continue readingI was at my church this past weekend and was struck by the large number of college-graduate children that are now back living at home with their parents, out of work. The impression I have is that many of these kids still have no idea what they want to do
Continue readingDemocrats are the friends of big business, Conservatives are the friends of small business. Democrat government inevitably ratchets its way to corruptocracy. If you don’t agree with this, can we at least agree that Democrats favor highly regulated economies and societies and conservatives don’t? Let me explain with two examples.
Continue readingAs we settle into the Obama Depression era, one thing that I and others have noticed is that many of the very youth that voted enthusiastically for Obama are the ones already feeling the consequence of his policies: they are unemployed. As one of my college-age kids put it, “our
Continue readingIncredibly, from the U.K.’s left-wing Guardian, comes a photo essay of what happens when Democrats are given the opportunity to put their economic and political theories to work: welcome to the future…. http://www.guardian.co.uk/artanddesign/gallery/2011/jan/02/photography-detroit?/%3Fpicture=370173060&index=15#/?picture=370173054&index=0 h/t smalldeadanimals.com
Continue readingThe U.S. is already bankrupt
Continue readingBookworm recently asked, “is Europe trying to save itself?” To that question, I can only offer anecdotal evidence from family and business visits made to France and Belgium this summer, shortly after the Greece-precipitated financial crisis. Europe (witness the EU) is an uber-bureacracy. For centuries, Europe’s forms of governance have
Continue readingOne of the things that I try to understand is the Great Divide between today’s Liberals and conservatives that has left us talking past one another on policy issues. Frankly, I have concluded that discussion with Liberals is often futile because we attribute different meanings to words and concepts. One
Continue readingIn a time of economic uncertainty, which is not helped by runaway government spending, you might be surprised (happily or otherwise) to learn where your Senator or House member stands when it comes to pro-growth policies. I was not at all surprised to learn that my representatives — Woolsey, Boxer
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