Category Archives: America's Future

Should Jobless Benefits Be Extended for the Eighth Time?

An editorial in The Wall Street Journal this week discusses the proposal to extend jobless benefits for the eighth time since the recession started.  This extension would mean the unemployed can collect benefits for up to 99 weeks, nearly two years.  Is this a good idea from an economics point of view?  Is this compassion?  Or, are [...]
Also posted in Depression, Double-Dip Recession, Economic Growth, Economy, Jobs, Taxes | Comments closed

Economic Optimism Down – 17 Month Low – Why?

SPECIAL BLOG POSTING Investor’s Business Daily reported this week that economic optimism is down to a 17 month low, according to the IBD/TIPP Economic Optimism Index.  Separately, small business confidence is also declining with a lower sales outlook, according to the National Federation of Independent Business.  Why has economic optimism declined?  Are these results unexpected?  Let’s [...]
Also posted in Double-Dip Recession, Economy, Jobs, Taxes, Unemployment | Comments closed

Is Wealth Redistribution the Best Way to Get Excellent Health Care?

Dr. Berwick, the new interim apppointment to head the Centers for Medicare and Medicaid Services (CMS), is in the news a lot lately over his remark about “… any health-care funding plan that is just, equitable, civilized and humane must – must – redistribute wealth from the richer among us to the poorer and less [...]
Also posted in Economic Growth, Health Care System, Jobs, Socialism | Comments closed

Vagueness Impedes Economic Growth – Why?

Writing in The Wall Street Journal this week, Daniel Henninger suggests a “void-for-vagueness doctrine” for Congress.  What does he mean by “vagueness?”  And, why is this suggestion so very important for economic growth?  Let’s talk about it now. The impetus for The Wall Street Journal column was the recent Supreme Court decision that found that the [...]
Also posted in Economic Growth, Economy, Financial Sector Regulation, Health Care System, Rule of Law | Comments closed

Are We Entering a Depression?

Economist Paul Krugman in an op-ed column in The New York Times online edition indicates that he is fearful that we are now in the early stages of a depression, possibly the third depression in our history.  Krugman also appears to believe that the cause will be government policy mistakes.  Specifically, he sees the need for [...]
Also posted in Depression, Economy, Jobs, Taxes | Comments closed

The $1 Trillion Euro-Bailout, Riots in Greece, and Turbulent Markets – Should Americans Care?

An editorial piece in The Wall Street Journal this week states that: “The EU’s bailout postpones the day of fiscal reckoning.”  What does that mean for Europe and for America?  What do they mean by a day of fiscal reckoning?  Plus, why were Greeks rioting any way?  And, why should that make our markets so turbulent?  Should Americans really care [...]
Also posted in America's Economic War, Economy, Taxes | Comments closed

Will the Financial Overhaul Bill Nationalize America’s Financial Sector?

This week Investor’s Business Daily published a powerful and shocking editorial piece dealing with the current financial overhaul bill being debated in the Senate.  According to IBD: “As it stands, Dodd’s bill amounts to a nationalization of our financial sector.”  It goes on to warn of “permanent bailouts” for companies that regulators deem to be [...]
Also posted in America's Economic War, Financial Sector Regulation, News | Comments closed

Is the Outlook for Jobs Very Bleak?

An opinion piece in The Wall Street Journal this week paints a very gloomy picture for jobs in America.  According to the article, at least one third of the 162,000 new jobs created in March were temporary census jobs and the actual new jobs created were insufficient to keep up with population growth.  In addition, [...]
Also posted in America's Economic War, Economy, Health Care System, Jobs, Taxes | Comments closed

Is Health Care Rationing on the Horizon for Americans?

While many Americans are battling to repeal the very unpopular health care law just passed in the United States, The Wall Street Journal reports this week on another battle taking place in Great Britain related to health care rationing.  The information from The Wall Street Journal paints a grim picture of the hardships endured by the Brits thanks to their government-run health care system.  Far [...]
Also posted in Health Care System | Comments closed

Congress Passes Health Care – What’s Next?

Congresses passed the health care bill last night, voting to effectively take over and socialize America’s health care industry and voting against the clear will of the American people articulated in poll after poll.  What can we expect next? Constitutional Tests.  First, we can expect that the new law just passed by Congress will be signed by the President and [...]
Also posted in Economy, Health Care System | Comments closed