Sep 23, 2018 ~ Stossel explains again why 'price gouging' after a hurricane is a good thing - 'Gougers deserve a medal' said Milton Friedman - a guy drove 600 miles with generators after Katrina - was thrown in jail - no one got needed generators.
Sep 23, 2018 ~ Laffer curve proved again - With lower tax rates, income tax revenue went UP 9% which will bring in an $1T in additional taxes over 10 yrs. Democrats said tax cuts would increase the deficit. Cuts also led to wage & salary increases and other higher economic activity.
Sep 10, 2018 ~ Tucker Carlson who usually knows better and Bernie Sanders who never does argue that Amazon should be taxed the amount their workers get welfare - its the same flawed minimum wage argument for paying workers more than they are worth. Welfare would be more without the job.
Aug 25, 2018 ~ Ben Shapiro, "Context Is Key in Evaluating Nordic so called 'Socialism'" - The major advantage held by Nordic countries is a cultural focus on education, law-abiding behavior, and hard work - too many Americans lack these qualities
Aug 19, 2018 ~ Laura Hollis, 'A Business Lesson for Socialists' - They seek to only distribute and re-distribute what exists but socialism kills the incentive for inventing new things - this is why places like East Germany fell decades behind West Germany
Aug 18, 2018 ~ John Stossel, 'Social Security Fail's - Stossel tries once again to warn about the coming insolvency of Social Security and Medicare - no one is courageous enough to address the problem. Any cuts would be demonized even though unsustainable. Democrats say spend even more.
Aug 12, 2018 ~ Minnesota minimum wage hike leads to predictable results - hikes have led to slower job growth in the restaurant industry and significant job losses among younger workers, a new study has found
Aug 4, 2018 ~ Stossel explains again why increasing minimum wages in restaurants would do more harm than good - where it was tried hundreds of restaurants closed, hours were cut, etc. - did not lower harassment either
Aug 4, 2018 ~ Jibran Khan, 'Kamala Harris's Rent Subsidy Would Help Landlords, Not Renters' - The new rents would just adjust to the subsidies like always happens - same happened with college tuition - real problem is supply artificially kept low by dems
Aug 2, 2018 ~ Ben Shapiro, 'Unintended Consequences' of government action very often worse than the intended consequences - examples, tariffs, rent control, minimum wage, student loans, certain welfare programs
Jul 30, 2018 ~ Kevin Williamson, 'Understanding Trade Deficits' - Why they are not bad and not caused by tariffs - trying to eliminate them would do more harm than good - will wipe out much foreign investment.
Jul 29, 2018 ~ Michael Bargo, Jr., 'The Blue-State Housing Bubble' - Illinois the worst - property taxes INCREASING $10000 on small homes that already had ridiculous rates - these people are screwed - can't sell the house now so can't flee the high tax state - handcuffed
Jul 23, 2018 ~ Jazz Shaw, 'The Fight for 15 Is Knocking NYC Out'. 'This minimum wage spike has forced several New York City businesses to shutter their doors and will claim many more victims soon.' Fight for 15 fools are winning themselves a place in the unemployment line.
Jul 23, 2018 ~ Adios, entry level jobs at the Golden Arches - McDonalds is installing self serve kiosks in all locations by 2020 - The Fight for 15 fools won themselves a place in the unemployment line.
Jul 22, 2018 ~ Michael Tanner, 'The Dangers of America's Obsession with Inequality' - Capitalism does produce inequality - its necessary to provide the incentive - but it also produces the most wealth for everyone including the poor who live like kings used to live.
Jul 15, 2018 ~ Walter Williams explains why trade wars are bad again - if they shoot a hole in their end of the boat, does it help to shoot a hole in ours - also trade deficits are not bad. We buy more goods but they use those dollars to invest in America.
Jul 15, 2018 ~ Steve Moore, 'Trump's Zero Tariff Solution'. 'Zero tariffs would be the ultimate victory for totally free and fair trade' - Trump asks why can't we just do that - We have the lowest tariffs - Europe's are 30% higher than ours.
Jun 24, 2018 ~ Starbucks bailing on urban centers after minimum wage hikes - Closing 130 stores, many in locations that have raised minimum wage - company cited wage increase requirements as one of the reasons
Jun 22, 2018 ~ Walter Williams, 'Will Automation Kill Our Jobs' - Professor Williams explains why this prediction has been made many many times and why its always wrong - now left using the idea to argue for universal basic income.
Jun 3, 2018 ~ Walter Williams, 'Capitalism vs. Socialism' Professor Williams compares and contrasts the results - shows most of what we like was made possible by capitalism - most of what does not work well is done by government
May 15, 2018 ~ Walter Williams, 'Before and After Welfare Handouts'. Williams notes that people were taken care of in both cases - but before people gave willingly because recipients were grateful and did not take advantage.
May 6, 2018 ~ Emmett Tyrrell, 'The Health Care Mountain' - Milton Friedman called it decades ago - knew health care was 'elastic' - If money and time for it are available, patients will keep going to the doctor - no wonder its become unaffordable to the country.
May 5, 2018 ~ New York Times runs piece 'Happy Birthday, Karl Marx. You Were Right' on its pages - Ben Shapiro details how very wrong he was and why he was one of the worst people in human history. 'Marx's philosophy would lead directly to the deaths of 100 million human beings'
May 5, 2018 ~ National Review, 'Guaranteed Bankruptcy' - Bernie and the dems now floating the idea of 'guaranteed jobs' from the government - it would not only bankrupt America faster, it would destroy all necessary market incentives to gain skills, relocate, etc.
May 1, 2018 ~ David Deming, 'The End of Peak Oil' - Fake idea that has been liberal orthodoxy for nearly a century - it has been proven wrong time and time again but they could not let it go and don't understand why its wrong. Steve Moore, Peak Oil is 'Peak Idiocy'.
Apr 29, 2018 ~ Jibran Khan, 'Finland's Basic Income Experiment Comes to a Close' - It should have been obvious that it wouldn't work - Finland's unemployment rate is 9.2%.
Apr 28, 2018 ~ Discrimination and Disparities - new book by Thomas Sowell that shows how so called disparate outcomes are not the result of racial discrimination
Apr 18, 2018 ~ Walter Williams explains 'Accumulative Decay' process by which big cities decline - When schools and services decline, the first people to leave are those who care the most about those things and have means - city must then raise taxes which causes more to leave.
Mar 20, 2018 ~ Philip H. DeVoe, 'Rolling Back Dodd-Frank' - not enough but some of the worst parts of Dodd-Frank are being fixed or removed by the Republicans in charge.
Mar 10, 2018 ~ U.S. Steel to Call Back 500 Employees to Illinois Plant After Trump Announces Tariffs on Foreign Steel
Mar 10, 2018 ~ Economy continues to boom - Blowout jobs numbers, record number employed, manufacturing adds 263,000 since Trump, black and Hispanic unemployment at historic lows.
Mar 10, 2018 ~ CaliBurger creates a burger flipping robot named Flippy that does a better job at it than humans. Created in an environment where minimum wage just hit $12 and is rising to $15. As the minimum wages rise, companies automate to remain competitive, killing those very jobs.
Mar 6, 2018 ~ Steve Moore, 'How Environmentalists and Liberals Keep Heating Bills High' - They push LIHEAP program which would help far fewer people than shale gas with they opposed - they blocked pipelines that would have lowered prices further requiring imports.
Mar 6, 2018 ~ Auto makers are forced by the government to take huge losses on their electric vehicles that no one wants. States like California making it even worse by enacting mpg requirements way higher than the national average. These significantly harm regulations make US auto makers.
Mar 6, 2018 ~ Deportations of illegal workers have been creating more jobs for black workers which is one of the reasons that black unemployment has fallen to all time lows.
Feb 25, 2018 ~ David French, 'Our Government Is Not Constructed for Competence' - essentially impossible to be fired from a government sector job - no one is ever let go and it never shrinks - The public sector is paid higher than the private sector where you actually have perform to keep job.
Feb 21, 2018 ~ Really good explanation by Jim Geraghty for why a Utopia can't exist - There are no solutions, only trade-offs - You can't get the good side of every tradeoff and not get its associated negative consequences. Freedom vs. Security, Socialist equality vs. incentives for prosperity.
Feb 20, 2018 ~ CNN and other news reports that Obama reduced the deficit by two thirds - Stephen Moore 'Obama's Real Debt and Deficit Legacy' - 'this takes data torturing to new heights' - complete opposite - Obama was the worst debt accumulator of any President ever.
Feb 18, 2018 ~ Foreign Freeloading To Blame For High Drug Prices - Betsy McCaughey explains that many foreign countries put price caps on drug prices meaning drug companies can only recoup their costs from the US Market making US prices much higher than they should be. Trump says 'very unfair'
Feb 10, 2018 ~ Due to tax cuts, Chipotle rolls out new benefits, cash bonuses due to tax cut - $1000 bonuses to 71,000 employees plus additional family leave, also added life insurance and short-term disability insurance coverage.
Feb 10, 2018 ~ Due to tax cuts CVS to hike wages, introduce paid parental leave with windfall from new tax law - 240,000 employees - starting hourly wage increased from $9 to $11 per hour - $425 million being returned to workers.
Feb 8, 2018 ~ 100s of large companies and more every day have announced bonuses, raises, new hiring, expansion, money repatriation, etc. due to Trump Tax Cuts - Democrats said it wouldn't happen. Then when it did, they dismiss it all as 'crumbs'.
Feb 7, 2018 ~ Michael Novak - 'capitalism better helps the poor to escape from poverty than any other system. ... capitalism is a necessary condition for the actual success of democracy'
Feb 6, 2018 ~ Monica Showalter, 'In their love for illegals, Democrats pitch the black community overboard' - after decades of not improving anything for blacks, dems sit on their hands as Trump announces lowest black unemployment ever - dismiss black people killed by MS-13
Feb 4, 2018 ~ Lowe's Announces $1,000 Bonuses and Expanded Benefits Due to Tax Reform
Feb 2, 2018 ~ Trump Triumphs at Davos Economic Forum - treated like a rock star - says 'America is open for business' - gets incredible reception to the annoyance of liberals.
Jan 28, 2018 ~ Due to tax cuts, Home Depot hourly employees to receive up to $1000 bonuses - Home Depot has 406,000 employees.
Jan 27, 2018 ~ Due to GOP tax cut, Starbucks Announces Employee Raises and the disbursement of $250 million in bonuses and expanded benefits - between $500 and $2000 bonus per employee
Jan 24, 2018 ~ Due to GOP tax cut, 22,000 JPMorgan Chase workers are getting a raise to between $15 and $18 per hour - also hiring 4000 new workers, opening 400 new branches - increasing small business loans by $4B, philanthropic $ by 40%
Jan 24, 2018 ~ Disney to Give over 125,000 employees in the U.S. a one-time cash bonus of $1,000, as well as make a new $50 million investment into an education program for employees thanks to GOP tax cuts.