A “must read” in my opinion. ============ By CHARLES MURRAY MMitt Romney’s résumé at Bain should be a slam dunk. He has been a successful capitalist, and capitalism is the best thing that has ever happened to the material condition of the human race. From the dawn of history until the 18th century, every society in the world was impoverished, with only the... Read more
Archive for the ‘Economics’ Category
The Incredible Bain Jobs Machine
July 17 | Posted by mrossol | American Thought, EconomicsSome basic Econ 101… To bad Republicans, including Romney, cannot verbalize these basic concepts. ============ By ANDY KESSLER Did Mitt Romney and Bain Capital help office-supply retailer Staples create 88,000 jobs? 43,000? 252? Actually, Staples probably destroyed 100,000 jobs while creating millions of new ones. Since 1986, Staples has opened 2,000 stores, eliminating the jobs of distributors and brokers who charged nasty... Read more
Asians Top of the Immigration Class
June 19 | Posted by mrossol | American Thought, EconomicsGood article. I work with a number of Indians and they certainly exemplify the subject(s) of the story. ================ Asians Top of the Immigration Class – WSJ.com.
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Oil Speculators – BAD
April 25 | Posted by mrossol | Economics, ObamaOn Tuesday [President Obama] stood in the Rose Garden . . . and announced the solution to our energy problems will be hunting down and prosecuting evil “oil speculators” who are responsible for driving up the price of gas in the U.S. . . . Before we go any further with this, perhaps we should ask, just what are “oil speculators”... Read more
Ryan and the Right
March 29 | Posted by mrossol | Debt, Economics, Tax IssuesToo logical for most on both the right and left to consider… ===== It’s no surprise that the White House has denounced Paul Ryan’s new House budget as the end of welfare-state civilization. The puzzle is why some conservatives are taking shots at the best chance in decades for serious government reform. A pair of freshman Republicans, Tim Huelskamp of Kansas and Justin... Read more
