Why We Should Be Talking About Immigration
The Obama administration has effectively marginalized the Republican Party when it comes to immigration by characterizing Republicans as anti-Latino, which is nonsense. Republicans are simply demanding that the government follow current immigration law, which means that immigrants need to go through the proper steps to become a U.S. citizen – something that immigrants have been doing for more than 150 years. To curry favor of Hispanic voters, the... Read More
When It Isn’t Good to be Number One
America loves to be number one. But now we have the dubious distinction of being number one in a category that nobody wants: we have the highest corporate tax rate in the world. The result is that the U.S. tax code continues to drive American employers to outsource jobs overseas. Since 2001, Japan had levied the highest combined corporate tax rate among the Organization for Economic Cooperation and Development (OECD) countries at 39.5 percent. They... Read More
When It Isn’t Good to be Number One
America loves to be number one. But now we have the dubious distinction of being number one in a category that nobody wants: we have the highest corporate tax rate in the world. The result is that the U.S. tax code continues to drive American employers to outsource jobs overseas. Since 2001, Japan had levied the highest combined corporate tax rate among the Organization for Economic Cooperation and Development (OECD) countries at 39.5 percent. They... Read More
Obama Declares War on Coal and Jobs
If there was a commodity that brings $16 billion to the American economy through exports and directly and indirectly employs around 1.5 million American workers, this would be a commodity that would naturally be supported by everyone. That commodity is coal — which is not supported by at least one group: the Obama administration, which has literally declared war on the American coal industry, and the jobs that come with it. Last week the Obama... Read More
Obama Declares War on Coal and Jobs
If there was a commodity that brings $16 billion to the American economy through exports and directly and indirectly employs around 1.5 million American workers, this would be a commodity that would naturally be supported by everyone. That commodity is coal — which is not supported by at least one group: the Obama administration, which has literally declared war on the American coal industry, and the jobs that come with it. Last week the Obama administration... Read More
Compromised Secrets Compromise Job Creation
Secrets are a trust between individuals and groups. They play a role in security and building sustainable relationships. But when secrets are compromised, trust is the victim. There have been two recent situations where secrets are being compromised — both of which will compromise job creation. The first surrounds the supposed secret deliberations by the Supreme Court over Obamacare. The cost of implementation and compliance with a government controlled... Read More
Compromised Secrets Compromise Job Creation
Secrets are a trust between individuals and groups. They play a role in security and building sustainable relationships. But when secrets are compromised, trust is the victim. There have been two recent situations where secrets are being compromised — both of which will compromise job creation. The first surrounds the supposed secret deliberations by the Supreme Court over Obamacare. The cost of implementation and compliance with a government controlled... Read More
Bernanke Is Addicted to Morphine Economics
Last week, Richard Fisher, the president of the Dallas Federal Reserve and a member of the central bank’s policy-making committee, compared Wall Street’s addiction to the Fed’s economic policy as “monetary morphine.” I coined a version of that term more than three years ago because it aptly describes how the Federal government is handling the economy. Ben Bernanke, current chairman of the Federal Reserve, is the “morphine... Read More
Bernanke Is Addicted to Morphine Economics
Last week, Richard Fisher, the president of the Dallas Federal Reserve and a member of the central bank’s policy-making committee, compared Wall Street’s addiction to the Fed’s economic policy as “monetary morphine.” I coined a version of that term more than three years ago because it aptly describes how the Federal government is handling the economy. Ben Bernanke, current chairman of the Federal Reserve, is the “morphine dealer” as... Read More
Congress Finally Gets Around to Job Creation
As if waking from a stupor, Congress is finally willing to tackle job creation. The Jumpstart Our Business Startups (JOBS) Act introduced by Republicans is a rare occasion of bi-partisan support. It quickly moved through the House and garnered a 390-23 vote for approval with even Congresswomen Maxine Waters voting for it. It eventually passed the Democratic-controlled Senate despite having the Democrat leadership including Senators Harry Reid, Dick... Read More
