Category Archives: Private Enterprise

The “Better Deal” is Another Raw Deal

The Democratic Party, recognizing that it has lost touch with many of its former constituents, rolled out its “Better Deal” this week in Virginia.  We have now had Teddy Roosevelt’s “Square Deal,” Franklin Roosevelt’s more famous (or infamous) “New Deal,” Harry Truman’s “Fair Deal,” and now the latest “deal” for the American people.  All of these deals by the way were proposed by Liberal/Progressives, coincidentally or not.  As we should let’s look at this new proposal.  To provide a little… Continue Reading ››

A Preliminary Look at Health Costs and Insurance

I was asked to address the question of insurance in connection with healthcare, so I am finally mostly over my flu and hopefully can think more lucidly.  Insurance, as has been defined by some others, is simply a hedge against the future attained by paying someone (an insurer) who has established a firm that accepts many similar payees into a pool.  Out of that pool come payments now to those in need of them (contractually) and also those not in… Continue Reading ››

A New Beginning or Obamacare Lite?

The House of Representatives has now publicly rolled out its “Repeal and Replace” bill for the elimination of Obamacare and a new health care law.  President Trump seems to like it, while Democrats, predictably, hate it, though I cannot see how they have had time to read it, and some Republicans, such as Rand Paul, have called it “Obamacare Light” because it still contains too much welfare statism.  The bill, to be marked up soon enough, is to its credit,… Continue Reading ››

The City of Man

I am sitting in the San Antonio airport, waiting for my flight back home, reflecting on an excellent Values and Capitalism retreat here and–the subject of this blog–my walk yesterday.  My goal was to walk to a bookstore about two miles from my downtown hotel.  I had mapped it out using Googlemaps and set out for what I thought would be about a 20 minute trip one way.  37 minutes later I realized I had gone too far and had… Continue Reading ››

The Pernicious Income Inequality of Federal Employees

In an article from CNS News dated December 16, 2016, we have the new but predictable Census Bureau statistics on median income for households in counties of the United States.  The first four richest counties are, …, you guessed it, all in the Washington, DC area, and range from about $99,000 per year to $122, 000 per year (see http://www.census.gov/did/www/saipe/data/highlights/2015.html).  That is more that twice the United States Average of around $55,000.  Nine of the top twenty counties are in… Continue Reading ››

A Really Bad Legacy, and How to Reverse It

President Obama and his executive agencies set a new record for the number of pages of new regulations in one day: 527 pages (in a single day!).  For the year the number of pages so far is also a record, at 81,640 pages.  It is also worth noting that seven of the the top eight spots for number of pages of new regulations are held by the Obama administration:  2010, 20111, 2012, 2013, 2014, 2015, 2016.  This data comes from… Continue Reading ››

Talking Trade – I, Woollen Coat

During the campaign, president-elect Trump was occasionally Narcissistic, evidenced political Inexperience, was sometimes Thin-skinned, and often Short tempered (NITS). However, his acceptance speech sought “… to bind the wounds of division”. Since the election he has had a long meeting with President Obama and has been conferring with members of the Republican Party. Donald J. Trump has been acting presidential. As Thomas Sowell said, “Donald Trump is a wild card. We don’t know whether he was play-acting when he carried on like… Continue Reading ››

Conservatives and Cronyism: Time to Take Action

A really important column appeared November 3, 2016 by Yuval Levin in the National Review Online.  The title was “It’s Time for the Right to Get Serious about Tackling Cronyism,” and that title perfectly captures the thrust of the article.  You can read it here: http://www.nationalreview.com/article/441691/conservatism-cronyism-policy-solutions-right.  (Sorry, Bert Wheeler, I still can’t master just “link”).  But note the article was aimed at conservatives (including Republicans), though liberals have plenty to answer for on this front as well.  The subject was… Continue Reading ››

The Pleasures of Government

I just heard on DC radio here a classic example of just how unresponsive large bureaucracies can be, when there is no good reason for them to behave as they do.  In a rare feat the Washington Nationals professional baseball team has won its division (miracle!) and is now in the baseball playoffs.  Of course some of those games are here in DC and many (very many) residents here rely on the Metro (light rail system) for their transportation.  It… Continue Reading ››

Happy Independence (and Exceptionalism) Day–Early

240 years ago, more or less on July 4 (the actual date of the signing of the Declaration is debated), the members of the Continental Congress signed a document that severed the bonds of the American colonies from their British rulers.  For many Americans, this day is still cause for celebration for that reason, as well as what the United States has become.  For others, it represents virtually everything they loathe.  At any rate, this blog is intended to explore… Continue Reading ››