We drove nearly 3,000 kilometers and had a couple of mechanical problems in the middle of nowhere. Roadside eateries, detours to out-of-the-way places, and getting the rental car fixed provided plenty of opportunity to interact with people outside of tourist locations. What we saw were two Spains. The first was vibrant, wealthy, and dismissive of the nation’s economic woes. The second Spain was lethargic, scraping by, and dismissive of the nation’s economic woes.
September 29, 2012 3 Comments
In a few days, I’m going on an extended trip to Turkey and Spain. Since I’ll be out of reach, I thought it might be an opportune time to make some people angry. Those people would be my fellow baby boomers who I believe share some of the responsibility for the bankrupt Social Security and Medicare systems.
September 3, 2012 3 Comments
When I was an economics major in college, I was taught that Franklin Roosevelt saved capitalism using Keynesian principles. The unchallenged assertion was that the sole reason the Great Depression lasted a decade was because New Dealers were too timid in spending borrowed money. In many economists minds, skyrocket spending to win World War II proved conclusively that huge deficits were the cure for slow growth. To a large extent, this is a rewriting of history. It didn’t happen this way.
August 29, 2012 3 Comments
How should an organization react when under siege by progressive? Susan G. Komen for the Cure and Chick-fil-A provide contrasting examples of the right and wrong way to respond.
August 14, 2012 4 Comments
Freedom’s Forge by Arthur Herman is a celebration of people who know how to build things. The book is filled with characters that seemingly came from Ayn Rand’s novel Atlas Shrugged … except these Americans were not fictional. They were real industrialists and miracle makers.
August 7, 2012 No Comments
Why are liberals, leftist, and progressives so mean? I started to list the mean, outrageous, and downright revolting things progressive have said in the last four years, but I try to keep these posts to fewer than one thousand words. Besides we all know them. If you are on the right, you’re aghast and if you’re on the left you’re gleeful. The interesting part is not what they said, but why the fringe left has such a deep-seated need to bully people with opinions different than their own.
July 27, 2012 No Comments
Benjamin Franklin ran away from Boston when he was seventeen years old. When he arrived in Philadelphia, he spent his last few pennies on bread. He may have started poor with no family support, but Michael Klepper and Robert Gunther include him in The Wealthy 100: From Benjamin Franklin to Bill Gates—A Ranking of the Richest Americans, Past and Present.
July 23, 2012 1 Comment
The biggest hoax in history may be the Patient Affordability Care Act. Here are just a few of the lies that were used to justify the legislation.
July 16, 2012 No Comments
In Golden Valley, Minnesota, Obama recently repeated his refrain that, “We are still fighting our way back from the worst economic crisis since the Great Depression.” Except this excuse is nonsense—the more severe the downturn, the more robust the recovery. Obama should have the wind at his back. Rapid recovery has been true throughout our history except under the first two terms of Franklin Roosevelt. Roosevelt followed the same policies of bashing business, raising taxes, restricting trade, and trying to goose the economy up pouring borrowed money into the public sector. It didn’t work then and it is not working now.
July 10, 2012 1 Comment
The 2010 elections were a rout for progressives. Republicans captured an additional 63 seats in the House of Representatives to win the majority, the largest midterm seat change since 1938. Republicans gained 6 seats in the Senate, but not enough for gain outright control. Republicans also won a record 680 additional seats in state legislatures. Five states saw both chambers switch from Democrat to Republican majorities. In four additional states, Republicans flipped one of the chambers to give them control of both chambers. In three states they increased their control of both houses, and in four states they picked up one chamber to split control of the state legislature. Republicans saw a net increase of six governorships to gain a national majority. It seems everyone got the memo except California.
July 5, 2012 1 Comment