Free, competitive markets have been the engine for both freedom and prosperity. In addition, free market capitalism is morally based on the principle of individual rights to life, liberty and honestly acquired property, in which all social relationships require the voluntary and mutual consent of the participants.
Imagine you wanted to get in your electric car and drive a considerable distance. It wouldn’t take long for your car to run out of power, so you would have to have another car, one using gasoline, to drive behind you to make sure you reached your destination.
The good news as 2015 debuts is that President Obama has managed to very nearly decimate the Democratic Party, leaving it weaker in Congress and throughout the nation than it has been in memory. The bad news is that he has weakened the nation in the eyes of the world. He is not trusted by world leaders and his next two years in office will only encourage our enemies.
We are weeks away from being fully immersed in the 2014 election cycle. Predictions abound, likening the 2014 cycle to 2010—when the House flipped from Democratic to Republican. Only this time, it is the Senate that has the potential to change. Twenty of the 33seats up in 2014 are currently held by Democrats—more than half of whom are in trouble.