the Economy
Why America’s debt must be addressed now
By Tom Quiner I spent a couple of hours with my financial planner yesterday. Something struck me: baby boomers like me can really be hurt if America’s indebtedness isn’t addressed quickly. And if Baby Boomers run out of money, our kids could be wiped out because there are so many of us Baby Boomers they’re…
Read MoreWhy high unemployment is here to stay
By Tom Quiner In a typical economic recovery, the economy starts growing and eventually job creation follows suit. I’m not overly optimistic about the likelihood of a robust surge in job creation because of Obamacare. Let’s say you’re a small business owner with 47 employees. Obamacare creates a disincentive to add new employees, because once…
Read MoreWill lame-duck Democrats increase taxes and federal spending?
By Tom Quiner Tax rates are going up on all earners unless Democrats prevent it. Republicans are 100% on board to prevent tax rates from going up, which is what will happen if the Bush tax cuts from 2001 and 2003 are allowed to expire. Nancy Pelosi wants to increase rates for America’s most-productive workers.…
Read MoreThe Party of Growth
By Tom Quiner [youtube=http://www.youtube.com/watch?v=yt1fYSAChxs] The time has come for the Republican Party to begin acting like Republicans again. This week’s election is not a mandate for Republicans, but rather a mandate for Republican ideas. One of America’s best and brightest pundits is the Wall Street Journal’s Daniel Henninger. He talked about what Republicans need to…
Read MoreThe danger of unrealistic expectations
By Tom Quiner President Obama was set up to fail by his own bloated rhetoric and a fawning press that didn’t do their job. The video clip below of a supporter of the President’s reveals the problem: [youtube=http://www.youtube.com/watch?v=P36x8rTb3jI&feature=player_embedded] His supporter, Peggy Joseph, gushes that an Obama administration will fill her gas tank and pay her…
Read MoreHow to boost America’s economy now
By Tom Quiner This Labor Day, 2010, our economy is hurting. Everything the President and his party has tried has failed. Unemployment is way up. Economic growth is stagnant. Net job creation doesn’t exist. The stock market is going nowhere fast. The underlying premise of the President is that only government can get the economy…
Read MoreMilton Friedman explains the fallacy of a minimum wage
By Tom Quiner [youtube=http://www.youtube.com/watch?v=ca8Z__o52sk] The late Nobel Laureate economist, Milton Friedman, explains why minimum wage legislation is counterproductive. He explains it better than anyone. The clip above was made when the minimum wage was around $2.50, which dates the interview around 1977. Unemployment for teens, and especially black teens, has only gotten worse, as I…
Read MoreTwo reasons Obamanomics isn’t creating jobs
By Tom Quiner As many of you know, jobs are hard to come by. The unemployment rate continues to hover near ten percent despite stimulus spending by the Federal Government which will surpass the cost of the Iraq War (see previous post). Nothing the Democrats have done is working. In fact, the case can be…
Read MoreCommon sense made difficult
By Tom Quiner The “King of Pork” is dead. Senator Robert Bird of West Virginia died today. I will leave it to others to honor (or pillage) his illustrious career. I would, though, like to analyze the essence of Obamanomics in light of Mr. Byrd’s passing. Mr. Byrd was an unapologetic supporter of pork barrel…
Read MoreIowa needs tax relief
As seen in the Des Moines Register March 21, 2010 I’ve enjoyed a life long love affair with Iowa. I think it’s the best place in America to live. From the beauty of our land to the down-to-earth people with good values and common sense, Iowa offers me what I want out of life. We’re…
Read More