Christmas is coming and we’re just happy that, in today’s post-politically correct world, we feel safe using that word again. “Happy Holidays” was such a blah, generic pronouncement, it was…
More Government, Less Manufacturing
As the first country to mass produce everything from automobiles to computers, America has a well-deserved reputation for innovation, thanks to its manufacturing sector. U.S. government employees, conversely, are most…
Do You Like Being Told What to Do?
Listen, this whole system of yours could be on fire and I couldn’t even turn on the kitchen tap without filling out a twenty-seven B stroke six … bloody paperwork.…
Happy Dependence Day
On the fourth of July, we celebrate our freedom from tyranny. Yet King George would be envious of the control the U.S. government, and state and local governments hold over…
More Destruction, Less Creativity
Business is thriving … for bankruptcy lawyers. Last week we noted the dismal employment report. The commercial bankruptcy statistics are yet another sign that all is not well with the…
Inflation: The Fed’s Red Herring
If you wanted to boost economic growth, which of the following would you focus on? U.S. corporate taxes, which are the world’s highest and are driving businesses to relocate abroad…
Wages Will Increase When Productivity Does
There are three things we can say about income with a degree of certainty: You’re earning less than you did before the financial crisis. You are overdue for a raise.…
Eroding Economic Freedom Means Slower Economic Growth
Being “the land of the free” apparently doesn’t apply to the American economy anymore. Being a capitalist society with free markets, complemented by the Bill of Rights and the U.S.…
Show Us the Money
The bright spot in this limp recovery has been the unemployment rate, which has fallen to 5.1%. But don’t look too closely, or you’ll notice that the spot is not…
Baby Boomer Bust
Each day, another 8,000 baby boomers turn 65. The U.S. Census Bureau says there are more than 77 million baby boomers, defined as those born between 1946 and 1964. By…