Like most of my fellow Bereans, I would wish for a different outcome for president. Yet I awoke on Wednesday with some political hope for the first time in eight years. Yes, there are significant dangers, and Mr. Trump will likely provide more embarrassment than usual. But perhaps politics will follow the fundamental rule of […]
Archives
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Trumpian optimism
11 Nov 2016
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I have so far avoided taking any position on the two main candidates for president. For my colleague Mark Smith, don’t worry, I will. I intend to continue the path of avoidance in this blog. Today I would like to examine and evaluate each candidate’s economic program. I say nothing about their personal morality, or […]
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In a National Review article of June 21, 2016, Michael Barone explored the question of whether the United States economy has shown any growth, and if not, why not. The article, entitled “Why We have—and Probably Will Keep Having—Sluggish Job Growth,” relies on a recently published book by the economist Arnold Kling, Specialization and Trade: […]
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Minimum Wage, Minimum Work, Minimum Dignity
11 Apr 2016
California, predictably, has passed a $15/hour minimum wage. New York is likely to. A few cities have done it already. Bernie Sanders wants a Federal wage of $15, while Hillary Clinton wants a $12 wage. And so the issue is once again on the table, at a time when wages are stagnant and unemployment is […]
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It seems this blog overlaps one just published by my colleague Jeff Haymond. But I will publish mine anyway, since it nicely supplements his. Donald Trump has been saying quite a bit recently about the disappearance of (especially) manufacturing jobs in the South as well as the “Rust Belt,” blaming those lost jobs on the […]
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Trump, Sanders and Unemployment
04 Mar 2016
This morning the Bureau of Labor Statistics released its monthly Employment Situation Summary. The unemployment rate remained at 4.9%. I was reading MoneyBeat blog at the Wall Street Journal. The following quote (posted at 8:45 AM) caught my attention. U-6 includes everybody, and that rate is at 9.7%. That is a high number for a purported […]
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Have we reached a critical mass of voters? On what issue you might ask. On whether big government is bad on the whole. I have read a couple of articles recently, addressing that question. I don’t honestly know whether or to what extent people may believe big government is basically good. But here is a […]
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Like many of our readers, I can’t watch Mr. Obama’s SOTU. His ability to distort reality is amazing, and simply raises my blood pressure. So why watch? Well, actually because I was hooking up a new TV setup while it was playing and had to check signal. I wasn’t listening very long (maybe a few […]
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Bernie Sanders Looks to Sweden
20 Oct 2015
In the recent Democratic Party debate Bernie Sanders told us we should look to Sweden, Denmark and Norway to see how a successful democratic socialist economic system works. I have heard others say the same thing. Even some conservatives have argued that socialism of the democratic kind works pretty well in those Scandinavian countries. Rich […]
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Ten Years After
27 Aug 2015
For the creation was subjected to futility, not willingly, but because of him who subjected it, in hope that the creation itself will be set free from its bondage to corruption and obtain the freedom of the glory of the children of God. Romans 8:18-21 Religion that is pure and undefiled before God, the Father, […]