From the Wall Street Journal Editorials, About That Obama Boom: Speaking of weak, growth for all of 2016 clocked in at 1.6%, the slowest since 2011 and down from 2.6% in 2015. That marks the 11th consecutive year that GDP
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Five things I like about Trump He will hold media accountable. For too long they have been able to mislead intentionally with no pushback. He comprehends that the inequality in power is a greater problem than the inequality in wealth.
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Trump’s political victory in keeping Carrier and Ford plants from moving out of the country should not be confused with an economic victory. Trade is a critical component of any economy, but we are addressing the location of a plant.
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From Mike Lee at National Review, Conservatives Should Embrace Principled Populism: All human history teaches us that people cannot be trusted with unaccountable power; therefore, freedom and security are best protected by dispersing power. Federalism and the separation of powers may
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From The Weekly Standard, The Roots of Campus Leftism by Warren Treadgold “Progressivism,” the term campus leftists seem to like best, is not very helpful for defining the ideology’s intellectual content. Just about all of us favor what we consider
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If a doctor of oncology treats a thousand patients, but five hundred of them die, is he still a good doctor? If a preacher saves a thousand souls but one hundred end up in hell is he still a
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What amazes me in reading twentieth century history is how much incredible progress we made in spite of two horrific wars, massive failures of authoritarian utopian schemes, several major economic collapses, and the rise of tribal violence. Perhaps the difference
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Depending on the measurement, inequality (rise in the % of wealth in the top 10%) has increased more under Obama- in spite of policies designed to counter this trend. These policies have been counterproductive, favoring larger industries, stock shareholders, and
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George Gilder explains how the management of our money system has increased inequality. While the trade in goods and services has remained stagnant the volume of trade, and the ensuing profits, in currency trading and financial instruments has grown substantially,
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Progressivism can be viewed as socialism lite, paying homage to the great progress of capitalism while acknowledging some of the limitations of a free market. Social and economic theories develop, mature and evolve as they face the hard tests of
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The Secret History of the Minimum Wage by Diedre McKloskey at Reason Friedman’s Sampler from the WSJ in 2006 What most people really object to when they object to a free market is that it is so hard for them
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Measuring income inequality is more difficult than most realize. Is it a problem if the middle class is shrinking if the reason is that most are moving into the upper class? Why isn’t Obama bragging about this?
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by Henry Oliner As Bernie Sanders was beginning to gather traction as an avowed socialist running as a Democrat Chris Matthews on his MSNBC show, Hardball, asked Democratic Party Chairman Debbie Wasserman Schultz if she could articulate the difference between
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Inequality in American Life is not as easy to measure as you would think and probably even more difficult to make relevant. The common solutions from the left point more to reducing the wealthy than raising the poor, as if
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Yuval Levin in The Fractured Republic brings a new and illuminating framework to understanding our state of political affairs. Both parties are engaged in political nostalgia. The Democrats see the good old days as 1965 and the Great Society and
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from Bret Stephens at The Wall Street Journal, What’s Socialism, Dad? When Venezuelan President Hugo Chávez died in 2013, an obscure U.K. parliamentarian tweeted, “Thanks Hugo Chavez for showing that the poor matter and wealth can be shared. He made massive contributions
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I was asked last night how I described a Progressive- The Progressives as described by Wilson believed that the Constitution was deeply flawed; that natural and individual rights were not permanent fixtures of our system of government, that they
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The call for a higher minimum wage is an admission that policies are stifling economic growth. The best way to increase worker pay is to create a demand for their labor. This means stimulating investment and encouraging risk taking. Capitalism
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from Nicholas Kristof in the New York Time, When Whites Just Don’t Get It, Part 6 Why do we discriminate? The big factor isn’t overt racism. Rather, it seems to be unconscious bias among whites who believe in equality but
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From Joel Kotkin at newgeography.com AMERICA’S NEW OLIGARCHS—FWD.US AND SILICON VALLEY’S SHADY 1 PERCENTERS excerpts: Perversely, the small number of jobs—mostly clustered in Silicon Valley—created by tech companies has helped its moguls avoid public scrutiny. Google employs 50,000, Facebook 4,600, and
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