May 18, 2020 ~ Ibram X. Kendi says 'Capitalism is essentially racist; racism is essentially capitalist. They were birthed together from the same unnatural causes, and they shall one day die together from unnatural causes.' Nonsense. Capitalism is simply an economic system based on liberty.
May 13, 2020 ~ John Stossel on how the unintended consequences of the Americans with Disabilities Act may have harmed people with disabilities more than it helped them by making employers afraid to hire them. 'Before the ADA passed, 59% of disabled men had jobs.' 48% after, now less than 30%.
Apr 28, 2020 ~ Rich Lowry, 'The Hospital Crisis of Our Making' One purpose of shutting down was to protect health care workers. But they're being laid off by the tens of thousands due to stopping 'elective' medical care. 'We had to destroy the hospitals to save them.' Unintended consequences.
Apr 23, 2020 ~ Mitch McConnell and GOP correctly refuse to bail out states that were heading to bankruptcy prior to COVID19 due to decades of under funding pensions. 'There's not going to be any desire on the Republican side to bail out state pensions by borrowing money from future generations'
Apr 23, 2020 ~ Andrew Cuomo is asked about the concerns of people who lost their job and want to get back to work. He said, 'if you want to go to work, go take the job as an essential worker.' Very out of touch. Jobs people use to feed their family and pay their bills are essential jobs.
Apr 1, 2020 ~ Walter Williams, 'Managing a Disaster'. Professor Williams tries again to explain how price gouging laws cause the kinds of shortages we are seeing due to COVID19. Allows some to hoard while many others get none. Allowing prices to rise would signal more production, less hoarding
Mar 17, 2020 ~ Walter Williams, 'Socialism's Past'. Prof. Williams catalogs a long list of failed socialist promises and predictions and equally untrue statements and predictions about capitalism. Among the quoted, 'Stalin, Lenin, Mao, Castro, Hugo Chavez, Maduro, and Bernie Sanders.'
Mar 17, 2020 ~ John Stossel explains why laws against 'Price Gouging' do more harm than good. When prices are allowed to adjust to supply and demand, 'people don't experience long lines and shortages.' Otherwise, 'Only the first customers get what they want.' 'Price "gouging" saves lives.'
Mar 11, 2020 ~ John Stossel, 'Government Outlaws Freelance Work' New law requires reclassifying freelance workers as employees. 'people who hire them must now give them benefits like overtime, unemployment'. Vox calls it 'a victory for workers everywhere', then lays off hundreds because of it.
Feb 28, 2020 ~ Bill Barr, 'The crux of the progressive program is to use the public purse to provide ever-increasing benefits to the public and to, thereby, build a permanent constituency of supporters who are also dependents.' Make us 25 yr olds in the basement fighting for a bigger allowance.
Feb 26, 2020 ~ At a CNN Townhall a student named Beverly who racked up an insane $250,000 in student loan, mostly from undergrad asked Sanders, 'What is your plan for students like me with student loan debt and how do you plan to pay for it?' Who wouldn't spend that much if the government pays?
Feb 25, 2020 ~ Stephen Moore, 'Natural Gas Is Crushing Wind and Solar Power' The cost of natural gas is down 90% since 2005 'thanks to fracking' which dems want to ban. Had to import natural gas 10 years ago. This boom has allowed the US to reduce CO2 emissions faster than any other country.
Feb 20, 2020 ~ David Harsanyi, 'Bernie's Wrong: We Are Better Off Today Than We Were 45 Years Ago' Sanders claim that 'after 45 years of work are not making a nickel more than they did 45 years ago.' 'is a myth'. There's been a 45% wage increase since 1964 and those dollars go much farther.
Feb 5, 2020 ~ Walter Williams debunks the idea that corporations pay taxes. 'Corporations are simply tax collectors for the government.' 'A corporation can shift the tax burden by raising its product prices, lowering dividends or laying off workers. The lesson is that only people pay taxes.'
Dec 26, 2019 ~ Seattle waitress lost her job 'as a consequence of the city's harmful minimum-wage experiment.' She says 'I'm proudly progressive in my politics, but my experience shows that progressives should reconsider minimum-wage laws that hurt the very workers they're trying to protect.'
Dec 24, 2019 ~ Heartland Institute releases policy brief 'Debunking the Scandinavian Socialism Myth: An Evaluation of Denmark, Norway, and Sweden' Despite Bernie talking points, these are not socialist countries. Yes they have high taxes but have freer markets than the US in many ways.
Dec 17, 2019 ~ CA AB 5 law prohibits freelancers from submitting more than 35 articles per year. Govt trying to force the full time hire of those people but they just killed freelancing in CA. Companies forced to hire from other states. Vox which supported the law fires 100s of CA freelancers.
Dec 11, 2019 ~ Citadel prof Dr. Richard Ebeling article 'Business Ethics and Morality of the Marketplace' Under Capitalism 'You can only improve your own position by improving the circumstances of others.' 'All associations and relationships are based on voluntary agreement and mutual consent '
Dec 2, 2019 ~ Mark Ruffalo says 'It's time for an economic revolution. Capitalism today is failing us, killing us, and robbing from our children's future.' Madness. He has a net worth of about $30 million and is campaigning for a socialist. Socialism is what has failed and is killing its people
Nov 27, 2019 ~ John Stossel, 'Thanks Private Property'. Explains how the Pilgrims 'almost starved' trying socialism with no private ownership. In a desperate attempt to try something new, Bradford 'assigned every family a parcel of land' People started to work and invent. Soon they had plenty.
Nov 20, 2019 ~ Joshua R. Hendrickson debunks new book 'Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay' which claims to show that rich and poor pay the same average tax rate. Many problems with the analysis. One big one is they don't include transfer payments as income.
Nov 13, 2019 ~ Norman Rogers article, 'Fake Wealth and Income Statistics'. Dems complain that its unfair capital gains and dividends are taxed lower than income. But dividends are taxed twice so combined it's a 38% rate. And since cap gains not inflation index, most of tax is on inflated gains.
Oct 15, 2019 ~ As usual, minimum wage hike unintended consequences make things worse for workers. CNN Business 'the wage increases are not helping because their hours are falling.' 'I got that dollar raise but I'm getting $200 less in my paycheck' Some forced to quit because hours too low.
Oct 14, 2019 ~ Lee Edwards, 'Three Nations That Tried Socialism and Rejected It' After trying and failing with socialism, 'Israel, India, and the United Kingdom each lifted itself from economic stagnation by switching to free-market policies.' Add USSR, China and many others.
Oct 10, 2019 ~ Michael Strain debunks fake NYT article titled 'The rich really do pay lower taxes than you' The lowest 20% of households pay an avg federal rate of 2%. The mid 20% pay 14%. The top 20% pay 27%. The top 1% pay 33%. If you include transfer payments, rate of the bottom 20% is -70%.
Sep 18, 2019 ~ Biden claims if 'we provide an $8,000 tax credit for everybody who has childcare costs, it would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent' Biden is in NO DANGER of sounding like a wonk.
Aug 30, 2019 ~ Deroy Murdock article 'Here's Why Housing Is So Expensive'. The amount of red tape, regulations and costs since just the late 1990s has increased 5 to 7 times. This is driving up the asking price in some areas like California 233%.
Aug 21, 2019 ~ Stossel says so far so good with Trump's promise to deregulate. He has eliminated about 5 regulations for every new one. One of the contributors to the great economy. 'regulations have unintended side effects that often outweigh the good they're intended to do.'
Aug 12, 2019 ~ New DHS regulations 'consider an immigrant's use of non-cash government-assistance programs, such as the SNAP and Medicaid, as a negative factor in determining their eligibility for a green card or temporary visa.' Free stuff is a magnet we can't afford. Already drowning in debt.
Aug 3, 2019 ~ Johnny Kampis article, 'Disparities in Cost of Living Show Folly of Uniform Federal Minimum Wage' A federal number is useless. 'you'd have to make nearly $54 an hour in San Francisco to have the same quality of life that you'd get on $15 an hour in Cullman.'
Jul 24, 2019 ~ Stossel 'Wages War' 'After Seattle raised its minimum wage to $15, entry-level job growth stalled. Job growth continued in the rest of Washington state but not in Seattle.' Businesses once hired 'inexperienced kids and trained them, giving them valuable starter experience'.
Jul 23, 2019 ~ Rashida Tlaib one ups her democrat colleagues by calling for a $20 minimum wage. They all look stupid now calling for $15 since the government can arbitrarily set the minimum wage to any amount with no consequence. Her cheers will be short lived when the next dem calls for $30.
Jul 8, 2019 ~ Restaurants Unlimited which operates 35 restaurants filed for bankruptcy due to minimum wage impact. 'Over the past three years, the company's profitability has been significantly impacted by progressive wage laws along the Pacific coast that have increased the minimum wage'.
Jul 8, 2019 ~ Women soccer players demand 'equal pay' but facts are not with the players. They seem to think they should be paid the same for 'same job responsibilities' but it doesn't work that way. Men's World Cup generated $6 billion, men get 7%, Women's generates $131 million, women get 20%
Jul 8, 2019 ~ CBO runs numbers on a $15 federal minimum wage and reports that it would eliminate about 1.3 million jobs while reducing standard of living for the consumers who will pay higher prices. Only dems think you can legislate wages with no consequence but then why not $100 per hour?
Jul 8, 2019 ~ Steven Camarota article, 'Immigration Is No Fix for an Aging Society'. You often hear we need immigrants to shore up our insolvent social programs like Social Security and Medicare but Camarota shows that the numbers for that argument don't work at all.
Jun 26, 2019 ~ Bernie's #CancelStudentDebt program would be a disaster. Heather Gautney, a senior policy advisor for Sanders says 'I am $180k in debt.' For a sociology degree!! Which was a colossal waste of money. Making it 'free' would incentivize more waste like that funded by the taxpayers.
Jun 19, 2019 ~ Donald Trump awards Dr. Arthur Laffer the Presidential Medal of Freedom. Laffer is the 'Father of Supply-Side Economics' used by Reagan, W. and Trump. Helped usher in 'the greatest economic expansion the world has ever seen in any country, at any time' acc. to Martin Anderson.
Jun 19, 2019 ~ John Stossel argues Capitalism is the moral system. Capitalism is the only system people are free to trade goods and services and labor voluntarily with each other. 'The only way to get rich under capitalism is to serve your customers well.' System that helps the poor the most.
Jun 12, 2019 ~ Ashe Schow debunks the claim that it is sexist and unfair that the women's US soccer is paid less than the men's. The real reason is 63K vs 240K average viewers, $17 million vs. $529 million ad revenue. 'Women's soccer earns less money, therefore they receive less money.'
May 18, 2019 ~ Philadelphia's soda tax bombed as anyone who understands economics and human nature predicted. Sales of soda were down in Philadelphia but up in surrounding towns. Total tax revenue was way down because people shopped for everything out of town. Soda consumption was unchanged.
May 17, 2019 ~ Nima Sanandaji article, 'The Swedish Lesson: Welfare States Create Moral Hazard'. The more generous the benefits and the higher the taxes to pay for it, the more incentive there is to bail on legit work and game the system. Sweden had to scale back due to increasing cheating.
May 16, 2019 ~ Charles Cooke, Putting the word democratic in front of socialism does not make it less tyrannical or more successful. Socialism fails because of the knowledge problem, the elimination of rational incentives and intolerance for dissent. Fails most the people it claims to help most.
May 12, 2019 ~ Steve Moore article, 'Why free traders and all Americans should back Trump on China policy' 'I'm a free trader and I hate tariffs - which are consumer taxes' Everyone including Trump wants a level playing field but China's tariffs were 2.5 times ours. 'status quo is untenable'
May 1, 2019 ~ Stossel article, 'A Lie, a Myth and a Question' debunks typical dem and Bernie talking point that 'the rich get richer, and the poor get poorer.' Stossel shows that as the rich get richer, the poor also get richer. Also debunks the myth that there is little or no income mobility
Apr 24, 2019 ~ Kamala Harris is a fountain of misinformation and fake news. She starts with the fake wage gap claim, 'Women are paid on average 77% to the dollar? for doing the same work.' And moves to saying 'the majority of women are minimum wage workers.' Both claims are totally false.
Apr 13, 2019 ~ Democrats are Economic Science Deniers. They simply deny the existence of many basic laws of economics. They believe the government can set prices and wages above or below market and nothing bad will happen. We can substitute any fuel for fossil fuel with no consequence. Etc.
Apr 12, 2019 ~ Dallas County district attorney John Creuzot said his office will no longer prosecute 'theft of necessary items' up to $750. Doesn't want to 'Criminalizing poverty' but encouraging shoplifting is not a good way to help poor people. Businesses will take the entire hit and leave.
Apr 10, 2019 ~ Economist Walter Williams lists many socialism vs. capitalism experiments that have run side by side. East vs. West Germany, North vs. South Korea, Venezuela and Argentina before and after socialism. 'Denmark is far from a socialist planned economy. Denmark is a market economy.'
Mar 27, 2019 ~ Amherst College created a PC 'language guide' which defined words with an extreme left wing bias. For example, it defined Capitalism as a system that 'leads to exploitative labor practices, which affect marginalized groups disproportionately.' 'Homonationalism' 'White Feminism'