the Economy
Quiner Diner’s reader blames Republicans for lack of job creation
A faithful Quiner’s Diner reader presented the liberal’s explanation for the lack of job creation during the Obama years: it’s the Republican’s fault.
Here is his take on the root cause of the problem:
Read MoreA sensible compromise on the minimum wage
I present a modest proposal on how to resolve the minimum wage conflict: simply adhere to the Constitution and abolish it at the federal level. Keep in mind, the minimum wage wouldn’t go away. States would be free to continue setting their own minimum wage at whatever level they thought best for their citizens …
Read MoreThe end of the world
Detroit has filed for bankruptcy. The city’s decay is such a visual spectacle that tourists flock there from around the world. German college students came for a “tour.” When asked what the appeal was, one student gleefully exclaimed, “I came to see the end of the world.”
Read MoreDescent into mediocrity
America has changed dramatically in the past 60 months. Depending on your perspective, the Obama Government deserves some of the blame … or credit. A new study reveals that 3 out of 4 Americans live paycheck to paycheck. Their savings are gone. The Obama economy has laid them low.
Read MoreThe time for the flat tax has arrived
The simplest and most practical way to simplify the tax code is a flat tax. A flat tax would eliminate most deductions, radically reducing compliance costs. Countries that have moved to flatter taxes experience increases in tax revenues because the private sector re-funnels the time and money they spent on compliance into more productive pursuits.
Read MoreThe price of the “uncertainty tax”
Here are three most arrogant statements from the Obama years …
Read MoreMalaise is here to stay
Unemployment “dipped” to 7.6 percent. If you listened to the news last week, that’s how the mainstream media framed the story. What is the real story?
Read MoreReaganomics vs. Obamanomics in 6 seconds
The arrogance of the technocrat
Barack Obama is a technocrat. He believes that an elite few with superior sophistication and intelligence can construct a better healthcare system, a better economy, a better mousetrap for the “little people.”
Read MoreA bloated “public economy” lowers middle class incomes
Inflation-adjusted median household incomes fell by 2.6% during the Great Recession. Obamanomics, which has been characterized by adding $5 trillion to our deficits in the name of stimulating our paychecks, has had the exact opposite effect. Since the recession ended in mid 2009, instead of helping us, it hurt us. Inflation-adjusted median household incomes fell another 4.8%.
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