Posted on March 10, 2009 by jtkheiry
Every single time I look at the headlines, I get frustrated and indignant. That’s because every headline describes a new way the federal government is proposing to reduce the efficacy of the free market (which it laughingly calls “unfettered”), reduce the choices available to consumers, reduce the ability of entrepreneurs to innovate and support themselves, [...]
Filed under: Uncategorized | Tagged: conservative, economy, free market, Laura D'Andrea Tyson, liberal, Obama, personal respnosibility, politics | Leave a Comment »
Posted on March 8, 2009 by jtkheiry
Every once in a while, there is a glimmer of honesty that shows through the muck of power-brokering and obfuscation in Congress. When it comes to the government-interventionists responding to the economic downturn, these glimmers of honest are few and far between, but here’s a good one tucked away in an MSNBC story regarding the [...]
Filed under: Uncategorized | Tagged: Geithner, Max Baucus, Obama, saving jobs | Leave a Comment »
Posted on February 25, 2009 by jtkheiry
It’s now official. After decades of trying to deny the fact that fiscally healthy and profitable corporations create jobs and sustainable economic growth, the Democrats have finally embraced the so-called “trickle-down” effect. The only problem is that they recognize it only when they themselves are directly controlling the spending, and the fates of the companies [...]
Filed under: Uncategorized | Tagged: bailouts, congress, Democrats, economic stimulus, economics, free market, mortgage crisis, Obama, politics, taxes, trickle-down | Leave a Comment »
Posted on February 21, 2009 by jtkheiry
The strategy of the Democratic party – and of leftists in general – is to continually push policies that centralize control of citizens’ lives at the federal level. This is where they – the elite who have much better ideas than we, the benighted rabble – can have the most impact on us while remaining [...]
Filed under: Uncategorized | Tagged: Amtrak, Democrats, federal government, leftists, NASA, Obama, politics, pork-barrel spending, recession, stimulus, U.S. Conference of Mayors | 2 Comments »
Posted on February 17, 2009 by jtkheiry
I have been dismayed by the Obama administration’s willingness – nay, even its eagerness – to use the coercive power of government to warp and distort the free market in the name of “fairness,” or of “addressing our national crisis.” But the latest news is truly chilling:
One possibility is a stepped-up effort to enact legislation [...]
Filed under: Uncategorized | Tagged: bankruptcy judges, contracts, cram-down, foreclosure, free market, liberals, mortgages, Obama, sex education, war on poverty | Leave a Comment »
Posted on February 14, 2009 by jtkheiry
I couldn’t have said it any better than this brilliant column in Reason magazine. The core of its brilliance:
The theory of economic stimuli suffers from several serious problems. First, it assumes people are stupid. Tax rebates, for example, presume that if people get money to increase their consumption, businesses will expand their production and hire [...]
Filed under: Uncategorized | Tagged: economic stimulus, free market, national debt, Obama, private sector, Reason magazine, stimulus, tax rebates | Leave a Comment »
Posted on February 5, 2009 by jtkheiry
It’s been all the buzz for the last couple of days: the Obama administration intends to cap the pay of executives at banks receiving significant taxpayer bailout funds. The cap will be $500,000, and there will be scrutiny of their perks and fringe benefits as well. There are two unsettling aspects of this government power-grab.
First, [...]
Filed under: Uncategorized | Tagged: bailout, command economy, executive salaries, Obama, politics, salary cap | 3 Comments »
Posted on January 14, 2009 by jtkheiry
President-elect Obama and like-minded supporters have made much of their grand idea to force the U.S. auto industry into producing “green” vehicles as the next wave of the future, with electric cars and plug-in hybrids held up asĀ particularly attractive saviors. Never mind that there are no indications that consumers actually want to buy these [...]
Filed under: Uncategorized | Tagged: Andrew Revkin, Chevy Volt, electric cars, free market, government subsidies, liberal, New York Times, Obama, plug-in hybrid | 1 Comment »
Posted on December 18, 2008 by jtkheiry
As the incoming Obama administration watches its job get tougher with each day, it’s working hard to come up with a plan that convinces everyone the new president means business. Unfortunately, a new president with something to prove is the last thing the economy needs, and Obama’s proposal to dump a trillion dollars into the [...]
Filed under: Uncategorized | Tagged: automakers bailout, infrastructure development, Japan, lost decade, Obama, stimulus | Leave a Comment »