Without investment, everything economic collapses. Stasis is death. We must constantly create and innovate to move forward our massive $14-trillion-per-year economy. That takes lots and lots and LOTS of speculative capital.
This will rotate.
Both of the nation’s retail hardware behemoths, Home Depot and Lowe’s, recently sold out to activists in ways that are the corporate equivalent of a dog’s putting his tail between his legs and slinking away from a bully. Home Depot announced that by the end of this year it will stop selling vinyl flooring that contains a class of chemicals called phthalates. It described the move as an effort to “continually challenge our suppliers to develop new, innovative options for our customers.” Baloney. What the company did was abandon both science and its customers under pressure from the activist group Safer Chemicals, Healthy Families, which sponsors the “Mind the Store” campaign that has been strong-arming retailers to remove safe, useful, and affordable products from shelves.
In today’s edition of The Heartland Daily Podcast, Managing Editor of Environment & Climate News H. Sterling Burnett speaks with Senior Fellow James M. Taylor. Taylor and Burnett discuss the EPA’s proposed updated ozone regulations.
In response to significantly lower oil and natural gas prices, America’s energy sector is retrenching rapidly. The drilling rig count has dropped by more than 50 percent over the past year, while companies large and small have announced sizeable layoffs and cuts in their capital budgets for 2015 and 2016. Nonetheless, several states, including Pennsylvania and Ohio, are considering imposing or hiking production taxes—called severance taxes—on oil and gas operators. These increases will be in neither the public’s nor the industry’s best interests
With this track record of uber-failure – which has put us on the fast track to oblivion – why would we want even more government? When everything Big Government advocates say they need – results in less of what they say they want?
Old fallacies never seem to die, they just fad away to reemerge once again later on. One such fallacy is that if there is significant unemployment and slow economic growth it must be due to not enough consumers’ spending in the economy, what Keynesian economists call a “failure of aggregate demand.”
While Apple Inc. continues its laughable claim that its data centers are run “100-percent” on renewable energy – highlighted by a solar farm built adjacent to its server facility in Maiden, N.C. – public records show the company has received permits to install 44 pollutant-spewing diesel generators for back-up power.
Despite the protests of countless experts claiming Wikipedia is often not a reliable source of information, it remains perhaps the most influential and one of the most-visited websites on the planet. But exactly who is really behind the world’s largest source of information, and does their agenda, if one exists, ever shine through their supposedly “unbiased” wiki pages?
In today’s edition of The Heartland Daily Podcast, Managing Editor of Budget & Tax News Jesse Hathaway speaks with Veronique De Rugy. De Rugy is a Senior Fellow at the Mercatus Center. De Rugy is on the podcast to explain how Congress is attempting to increase spending and bypass sequestration spending caps in the coming 2016 budget.
President Obama, Al Gore and other alarmists continue to prophesy manmade global warming crises, brought on by our “unsustainable” reliance on fossil fuels. Modelers like Mike Mann and Gavin Schmidt conjure up illusory crisis “scenarios” based on the assumption that carbon dioxide emissions now drive climate change. A trillion-dollar Climate Crisis industry self-servingly echoes their claims.
Congratulations on your decision to run for President of the United States. I was at home writing at the time of your announcement. As a professional speaker and someone who has spent more than thirty years training speakers, I felt your presentation was stellar—especially considering that you delivered it without a note. I even posted the following on my Facebook page: “I have work to do but am captivated listening to Ben Carson”—which garnered many “likes” and favorable comments.
Had the pope bothered to consult scientists and economists outside his select circle of climate alarmists tied to the politically-founded and directed U.N. Intergovernmental Panel on Climate Change, he would have found almost every conclusion reached concerning the alleged coming climate catastrophe, the merits of fossil fuels, and the ability of low-density renewable energy technologies to raise the poor from poverty was dead wrong.
In a recent Daily Caller article, Michael Bastach took note of “25 Years of predicting The Global Warming ‘Tipping Point’.” This is the message that the Earth is warming rapidly and, if we don’t abandon the use of fossil fuels for power, it will arrive to wreak destruction on the human race and all life on the planet.
Most have missed entirely the broader significance of the EC-DGComp’s laser-focused Google Statement of Objections (that charge Google is dominant in search and is abusing that dominance in Google Shopping by self-dealing via preferencing Google content over competitors’ content) in the broader context of the EU’s new “platform neutrality” principle to advance a European Single Digital Market.
If you don’t visit Somewhat Reasonable and the Heartlander digital magazine every day, you’re missing out on some of the best news and commentary on liberty and free markets you can find. But[…]
At a time when the Louisiana legislature is facing a $1.6 billion budget shortfall with massive cuts in important programs like healthcare and education as a solution, legislators realize tough decisions have to be made—even when the choice may anger advocates who depend on the handouts they claim are essential for survival.
Sachs wrote about an event convened by Pope Francis on global warming and sustainability at the Vatican in Rome the prior week. Observing that only alarmists and advocates of population control – most notably, Jeffrey Sachs – were on the program, I decided Heartland should send some real scientists and other experts to Rome to provide a different opinion.
In today’s edition of The Heartland Daily Podcast, we listen in as Heartland Policy Advisor Gary MacDougal goes on NPR to discuss the 2015 welfare reform report card and Missouri’s failing grade. MacDougal is also joined by Jeanette Mott Oxford, a former Missouri State Representative and Executive Director of Empower Missouri.