New Immigration Mandate Punishes US College Students

With the move to let 5 million undocumented immigrants remain in the country, this not only hurts American workers looking for jobs, but American students seeking a good college education. According to a new report from the Institute for International Education, nearly 900,000 foreign students are studying in U.S. college or university undergraduate programs, up 8 percent from last year. That’s a new record. In fact, the number of international students studying in the U.S. has increased by 72 percent since 2000. Of the foreign students studying in the U.S. last year, more than 274,000 were Chinese, a 16.5 percent increase from the previous year. At first glance, this can be interpreted as an endorsement of the superiority of the American college and university system. But dig deeper... Read More

Harry Reid’s Loss Is Free Trade’s Gain

Perhaps the most valuable outcome of the midterm election is that it allows Republicans to remove Harry Reid, D-Nev., from his post as Senate Majority Leader, or as I have dubbed him, “Chief Bottleneck for Free Trade.” With his demotion, his ties to labor unions can be minimized, which means that America can earnestly negotiate free trade agreements. This comes at an important time. President Obama is in Asia to participate in discussions about the Trans-Pacific Partnership, which would support economic growth and jobs by removing trade barriers for goods and services, improving intellectual property protection and creating new 21st century trade rules. The United States and 11 other countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,... Read More

Trade Subsidies Erode Trade Agreements

Free trade, by its very nature, is based on the ability of nations and companies to sell goods and services at a fair price without undue interference. When trade is conducted freely and fairly, there’s a level playing field and everybody can prosper. But once government subsidies get involved, the level playing field starts to slant. Seton Motley, executive director of Less Government, was a guest recently on my Made in America radio show, and he maintained that American trade policies, especially subsidies, are ripping off taxpayers and boosting the price of food in the U.S. and around the world. He contends that governments raise the prices of everything we try to buy. They do so indirectly — via hidden costs of government we can’t clearly see. As a result of subsidies... Read More

Thank Obamacare for Driving Older Americans to the GOP

With the advent of the Affordable Care Act, the initial feeling was that older adults would embrace Obamacare and thank President Obama with their support and votes. The euphoria for Obamacare is quickly waning as they find themselves with a shrinking provider network and, in many cases, having to cut ties with long-time physicians. Andy Mangione, vice president of government relations for the Association of Mature American Citizens, a conservative advocacy group for senior citizens, said on my Made in America radio show that their 1.2 million members are united behind one idea: dump Obamacare. Most seniors in the U.S. think they were sold a bill of goods. The belief that younger people with lower healthcare costs would balance out the higher healthcare costs of seniors has not materialized. Instead,... Read More

Lack of Confidence in Obama’s Handling of Ebola Could Sicken Economy

As the stress level for Americans rises because of the known cases of Ebola in the U.S., it takes me back to November 2002 when I was often visiting and working in Hong Kong. That’s when an outbreak of Severe Acute Respiratory Syndrome (SARS) broke out in the Guangdong province of China, which borders Hong Kong. Little was known about SARS, and it didn’t help that the People’s Republic of China (PRC) discouraged its press from reporting on SARS and lagged in informing the situation to the World Health Organization (WHO) for four months. In the meantime, when the PRC did report the SARS outbreak, it only reported 305 cases, when in fact there were more than 800 known cases. And when a WHO team travelled to Beijing, it was not allowed to visit the Guangdong province... Read More

Who’s Really Waging the War Against Women?

For years, Democrats have accused Republicans of waging a war against women. But women are starting to take notice that the Obama administration has been no friend to women. This was brought home recently when the Bureau of Labor Statistics indicated that a record number of women —55.6 million — ared 16 years or older are not participating in the labor force. Is it any wonder that President Obama’s approval rating among women is below 49 percent? This is a big drop from the 70 percent approval rating he received from women on the day he took office. Communities Digital News reported there has been a 14 percent increase in the number of single mothers living in poverty under Obama. Ironically, Obama himself was raised by a single mother. The news for women is depressing everywhere... Read More

America’s Youth Should Broaden Its Post High School Education Options

I came across a fascinating article in The Wall Street Journal recently that reported that due to Germany’s aggressive promotion of vocational schools and skills training, the German unemployment rate for young people is below 8 percent. Contrast that to a new report that one in four Americans aged 24 to 54 aren’t working. That’s an unemployment rate of 25 percent. For our teenagers it is even much higher. That’s a tragedy. But at the root of the problem is nothing to do with a lack of available jobs. It has to do with a certain kind of American snobbery that perceives manufacturing and craftsmen jobs as somehow demeaning. Young people need a wake-up call if they want to build a meaningful career. While so many of our young people are unemployed, the Labor Department... Read More

Ignoring Vocational Schools Ignores a More Prosperous Future

I came across a fascinating article in The Wall Street Journal recently that reported that due to Germany’s aggressive promotion of vocational schools and skills training, the German unemployment rate for young people is below 8 percent. Contrast that to a new report that one in four Americans aged 24 to 54 aren’t working. That’s an unemployment rate of 25 percent. For our teenagers it is even much higher. That’s a tragedy. But at the root of the problem is nothing to do with a lack of available jobs. It has to do with a certain kind of American snobbery that perceives manufacturing and craftsmen jobs as somehow demeaning. Young people need a wake-up call if they want to build a meaningful career. While so many of our young people are unemployed, the Labor Department... Read More

Disrespecting Business Success Goes Global

I thought that America under the Obama administration was the only government that actually tries to prevent businesses from making money. Through an onerous tax system, oppressive regulations, an ill-conceived energy policy and a lack of banking options, American entrepreneurs are castigated for succeeding and making a profit. The exceptions, of course, are companies that give big donations to Obama’s Democratic Party. But China has mastered the art of not only diminishing successful companies, but also jailing their owners. A small news item in The Wall Street Journal notes that “it’s gotten so bad, that 30 Chinese officials, including managers of state-owned enterprises, are known to have committed suicide this year.” There is a belief that once a company starts... Read More

In Defense of the Ex-Im Bank

The good news is that it looks like the Export-Import (Ex-Im) Bank will be reauthorized for the short term. The bad news is that it is widely misunderstood, to the detriment of small businesses and entrepreneurs. To complicate things the Ex-Im Bank is a misnomer. It has nothing to do with imports and is not a bank. It provides loan guarantees to private banking institutions on behalf of American exporters. It also provides credit insurance. Everything it does, it does so at market rates. It generates a profit. Imagine for a moment any federal agency generating a profit for the taxpayer? This is needed because private American financial institutions will not collaterize foreign receivables or inventory. Without this, legions of small businesses and entrepreneurs that want to export their... Read More