Ugly Campaign Battle Over Outsourcing Isn’t All Bad

The Obama and Romney campaigns are slinging mud at each other over outsourcing jobs. What most people would think is just an ugly brawl of a typical campaign battle; I consider it a positive development when the national dialogue turns to keeping jobs in America. Preventing the outsourcing of U.S. jobs must be an issue that is seriously debated by the presidential candidates. Whether or not Mitt Romney created jobs or outsourced jobs while at Bain... Read More

Small Business Gets Punished by Supreme Court Ruling

The ruling by the Supreme Court that found Obamacare constitutional sent a message to small business that free enterprise no longer exists and the government is now in charge of their future. For the nation’s job creators, this ruling is devastating news for business and worse news for the 25 million Americans unemployed or under-employed. The ruling by the Supreme Court said the law’s “requirement that certain individuals pay a financial penalty... Read More

Egypt Needs a US History Lesson

The good news is that Egypt has held its first democratic election. The bad news is that they held their first democratic election. If Egyptians were looking for change, they are getting it, but not what they had envisioned after the Mubarak government was toppled by a popular uprising. The military appears to be in charge and can veto anything that the new leaders propose. Many of Mubarak’s confederates remain in power. And there will not be a... Read More

The Ghost of the Marshall Plan Hovers over U.S.

Try to guess who said this and when: “The modern system of the division of labor upon which the exchange of products is based is in danger of breaking down. The truth of the matter is that Europe’s requirements for the next three or four years of foreign food and other essential products — principally from America — are so much greater than her present ability to pay that she must have substantial additional help or face economic,... Read More

Union Loss Is America’s Gain

The failure of the vote to recall Wisconsin Republican Governor Scott Walker sends two distinct messages: the majority of voters want their elected officials to maintain a government living within its means; and that unions can no longer dictate how a government operates. Now that Walker has become the only sitting governor to defeat a recall vote, many are counting on him to carry Wisconsin this November for Mitt Romney. This would be the first time... Read More

Overregulation and Job Creation Can’t Work Together

Several weeks ago, I wrote that as of 2008, small businesses faced an annual regulatory cost of $10,585 per employee, according to an SBA regulatory impact study published two years ago. The Office of the Chief Counsel for Advocacy of the U.S. Small Business Administration estimates that the annual cost of federal regulations in the United States increased to more than $1.75 trillion in 2008. On the heels of this data, I came across a 2009 study from... Read More

Do Something to Send a Message to the Do-Nothing Congress

A Washington Post column recently suggested that “to call this 112th Congress a do-nothing Congress would be an insult — to the real Do-Nothing Congress of 1947-48. That Congress passed 908 laws. To date, this one has passed 106 public laws. Even if they triple that output in the rest of 2012 — not a terribly likely proposition — they will still be in last place going back at least 40 years.” Most people agree that the 112th Congress... Read More

Crushing Regulations Kill Job Creation

As of 2008, small businesses faced an annual regulatory cost of $10,585 per employee, according to an SBA regulatory impact study published two years ago. That’s 36 percent higher than the regulatory cost facing large firms (defined as firms with 500 or more employees). And since 2008, the situation has grown worse as the regulation factories in Washington have been working overtime since the Obama Administration has come to town. The Office of... Read More

Obama’s War on Coal Claims Its First Victim

I have previously addressed Obama’s war on the coal industry. But now it has claimed its first victim: himself. The United Coal Mine Workers of America, surprising Obama supporters in 2008 by supporting him, are turning their backs on a president and administration that seems committed to putting them out of business. Despite all the warning signs of his anti-domestic energy positions, Obama still received $884,000 from the oil and gas industry... Read More

Rescuing the Lost Generation

With 25 million unemployed or underemployed Americans, there’s a segment of the population that is generally being ignored: today’s youth. The unemployment rate in April of this year for 20- to 24-year-olds is 13.2 percent. According to a Pew Research Center study completed in December of 2011, the share of young adults aged 18 to 24 currently employed of 54 percent is the lowest since the government began collecting data in 1948. And the gap... Read More