Bureaucrats vs. business? Bet on the bureaucrats.
Regulatory capriciousness is putting a chill on business investment. It’s a huge reason that the economy is stuck. Yet Obama will never mention this fact in his Sept. 5 speech on jobs.
Monthly Archive: August 2011
Insulated from reality.
When the president delivers his major policy announcement on jobs and the economy Sept. 5, let’s all make it a point to remember last year’s $20 million jobs program in Seattle.
Understanding our low voltage economy.
The Chevy Volt, a darling of the Obama administration, is little more than a gussied up golf cart built with taxpayer funds. GM almost literally cannot give the things away. Yet Obama dares lecture automakers about the market.
Reality acceptance.
The human capacity for self-delusion is the only thing that explains why the left continues to cling to a tired and discredited belief system.
The useful Tea Party.
Administration apologists are blaming the Tea Party for the recent downgrade of U.S. debt by Standard & Poor’s. I disagree. I think the Tea Party forced a useful debate exactly as the founders would have hoped.
The markets know that the piper must be paid.
The piper has arrived in Europe, seeking to be paid for 60 years of social entitlement spending. Everyone knows that the piper’s next stop is the United States.