Obama and his administration is so detached from reality that it is afflicting millions of Americans who want to work while at the same time its policies are reducing the number of new jobs being created.
Seventy years ago this month, on March 10, 1944, “The Road to Serfdom” by Friedrich A. Hayek was first published in Great Britain. For seven decades it has continued to challenge and influence the political-economic landscape of the world. Hayek delivered an ominous warning that political trends in the Western democracies, including America, were all in the direction of a new form of servitude that threatened the personal and economic liberty of the citizens of these countries.
Governments do not “compete” with companies. Governments tax, limit, police and judge companies. So when governments try and offer a similar service that private companies have long provided consumers, these governments[...]
Heartland Senior Fellow Benjamin Domenech was a guest Wednesday night on “All In with Chris Hayes” on MSNBC. Ben is rare among people who go on TV to talk: He actually endeavors to answer the questions he’s asked.
The only way to permanently rid a society of a ‘gap’ in either wealth or income is by making everybody equally poor. If nobody has any more wealth than anybody else, then nobody can be ‘wealthy.’
The full bill for Obama’s failed economic policies has yet to arrive. But no such explosion of debt has ever escaped a day of reckoning, and no such monetary surge has ever had a happy ending.
With all the talk of America’s forgotten middle class, it’s worth taking time as we begin a new year to consider that the country’s seeming obsession with wealth and inequality may instead be turning the U. S. into a country with only two classes: the governed and the governing.