So Why Is Obama Considering another “Stimulus”?!?

Bigger government hurts growth by diverting resources from productive uses to political purposes. That’s common sense to most people. But it’s nice to find even academics at Harvard are confirming this relationship – and showing that having local politicians with seniority is bad for growth since it means even more wasteful spending. Excerpted below is [...]

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More Garbage-In-Garbage-Out from CBO

You don’t need to watch old Gunsmoke episodes if you want to travel into the past. Just read the latest Congressional Budget Office “research” claiming that Obama’s so-called stimulus “increased the number of full-time-equivalent jobs by 1.8 million to 4.1 million.” CBO’s analysis is a throwback to the widely discredited Keynesian theory that assumes you can enrich [...]

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How Unions Screw Poor People Out of Jobs

Ever wonder why unions care so much about the minimum wage when almost all union members get paid above that level? The answer is simply, but sleazy. As Walter Williams explains, they want to protect their high-pay status by increasing the cost of lower-skilled workers. For all intents and purposes, they are pricing poor people [...]

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