‘Trickle down’ is meaningless and ignorant and does not withstand minimal scrutiny. It hides the greater issues of the size, scope, and expense of government; and whether consumers and investors can allocate resources better than bureaucrats.
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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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from The Washington Post George Will writes How income inequality benefits everybody excerpts: The ranks of billionaires are constantly churned. Most of the people on the original Forbes 400 list of richest Americans in 1982 were off the list in 2013. Mark
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The history of unions in the American workforce is wrapped up in their quest for political power. Originally unions sought equality in the workforce with the holders of the capital that employed them. Unifying was a natural choice. But their
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This entry marks post # 2,000 on Rebel Yid. When Erick Erickson of Red State spoke at my Rotary Club in Macon, Ga. 5 years ago, I had no idea what a blog was. I had filled several notebooks with
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Peggy Noonan writes an interesting view in the Wall Street Journal- A Caveman Won’t Beat a Salesman, 11/18/11 She begins with an excerpt from the Walter Isaacson biography of Steve Jobs where Jobs noted that many companies fail when they
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While our students perform poorly on standardized tests relative to other countries, we have the most desirable institutions of higher education in the world and have a disproportionate share of Nobel Prize winners. How is this so and do we
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Economist Scott Grannis writes in his blog Calafia Beach Pundit – Retail Sales and Supply side economics. 10/14/11 Excerpt The reason Obama’s “stimulus” plans haven’t worked is that in grand (and mistaken) Keynesian tradition, they have focused on stimulating demand,
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Rich Lowry writes The Jobs Rule in The National Review Online 10/7/11. Excerpt: Pres. Barack Obama loves his “Buffett Rule” for taxes. He’d be better served by adopting the “Jobs Rule”: Government’s role is to provide the structure of order and
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I am hesitant to add to the many fine words sure to be written about Steve Jobs and his life but here are my immediate thoughts. Steve Jobs embodied the absolute best that is America. He created a new idea
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We mortals pride ourselves as rational beings, but we act emotionally. We get attached to previous positions, and will discount or filter evidence rather than change our minds. We read the news for confirmation rather than information. We are so
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