The Economy Could Have Been a Lot Worse

The economy is weak and much of the reason is the growth restraints of Obama Care and the Dodd-Frank bill.  There are health insurance issues and financial issues that need to be addressed with legislation but these bills either addressed the wrong problems or...

Investors Are Not Stupid

The editors of the Wall Street Journal write An Economy Built to Stall-  With a third slowdown in three years, maybe the problem is the policies. 6/12/2012 Excerpt: Maybe Milton Friedman was right that “temporary, targeted” tax cuts don’t change the...

A Destructive Obsession with Unions

While he speaks of yet another jobs plan, this president consistently takes actions to kill jobs.  He is placing the active promotion of unions over job growth. In his fantasy land of fairness this makes sense, but anyone with business sense or experience (and his...

Does Stimulus Work?

The government has spent trillions to stimulate the economy. Interest rates are at a record low. Yet American businesses are sitting on top of trillions of dollars of cash, reluctant to spend any of it to grow or hire.  Does stimulus not work? The theory is that...

Worse than a Tax Increase

Two of my favorite economics blogs are Carpe Diem and Calafia Beach Pundit. Both are rich with information and perspectives from professional and experienced economists. For months both of these writers have highlighted numerous indicators that the economy is...