Sacrificing Immigration Reform on the Altar of Cynical Politics

In February 2008, then-candidate Barack Obama said this about immigration: “Number one, it is important that we fix the legal immigration system, because right now we’ve got a backlog that means years for people to apply legally. And what’s worse is we keep on increasing the fees, so that if you’ve got a hard-working immigrant family, they’ve got to hire a lawyer; they’ve got to pay thousands of dollars in fees. They just can’t afford it, and it’s discriminatory against people, who have good character, we should want in this country, but don’t have the money. So we’ve got to fix that.” This was President Obama last week during an NBC interview: “The truth of the matter is that the politics did shift mid-summer... Read More

Burger King’s Acquisition Should Be Celebrated, Not Castigated

In 1974, Burger King introduced a jingle that encouraged diners to “Have It Your Way.” Ironically, the Obama administration has usurped the jingle and altered it to “Have It Our Way” to describe their approach to business — pay our taxes, conform to our regulations and support our causes or will we castigate you. Burger King has the audacity to expand their market share by acquiring Canada-based Tim Hortons, a causal fast food chain known for their donuts and coffee, and in the process is considering moving their headquarters to Canada from Florida. Immediately they were accused of being unpatriotic. In fact they are not. They are simply following in the footsteps of some two dozen U.S. companies, ranging from Liberty Global to Sara Lee, that have quietly moved... Read More

Obama Needs to Lift Crude Oil Export Ban This Year

University of Texas’ annual energy poll found that 58 percent of Americans incorrectly thought that America’s major source of foreign oil is Saudi Arabia and another 15 percent say it’s Iraq. The truth, of course, is that America’s biggest oil suppliers is Canada, which provides 28 percent of U.S. oil imports. If you add in Mexico and Venezuela, that number goes up to 50 percent. How much oil do we actually get from the Middle East? Saudi Arabia and Iraq provide just 22 percent of U.S. oil imports. This misperception dates back to the 1973 oil embargo by OPEC, when U.S. drivers waited in long lines for gasoline. This isn’t likely to happen again. The reason is that the United States has been moving to self-sufficiency for many years, and today, U.S. field... Read More

American Citizens Are Relegated to the Back of the Line for Jobs

When it comes to President Barack Obama, I have always maintained his race has never been a factor in the rejection of his policies. The color of one’s skin shouldn’t matter in this country. Yet, as our first black president, it appears he has turned his back on America’s black labor force. The black unemployment rate stands at more than 20 percent, and has been at that level for a long time. The unemployment rate for black youth is astronomical. Yet, now as part of Obama’s immigration policy, he has indicated at the minimum he will double the number of green cards issued, which will allow unskilled immigrants to directly compete with black workers — and most of them are U.S. citizens. It also appears that while the Obama administration doesn’t use the word “amnesty,”... Read More

America’s Corrupted H-1B Visa Program Is Killing American Jobs

There was a time when I was a big proponent of the H-1B visa program, which is a temporary non-immigrant employment visa for highly educated foreign professionals in “specialty occupations” that require at least a bachelor’s degree or the equivalent. The visa lasts for three years with the option to renew for an additional three years for a total of six years. H-1B visa holders can be sponsored for permanent visas by their employers. This visa program, when initially created, helped American companies fill highly valued tech jobs and jobs requiring other unique skills that were needed to spur growth and innovation. But it has been hijacked by companies that are corrupting the program to replace American workers with foreign workers who will accept much lower wages. As... Read More

Rail Dispute Over Keystone Pipeline Follows a Long Tradition of Cronyism

Our nation’s railroad system has always been a source of pride. It helped America expand from coast to coast, and by 1860, nearly every major city was linked by rail. In addition, most farms were within five miles of a rail line so they could ship produce and livestock. Yet, with this growth has come a long history of cronyism connected to the nation’s rail system. We usually recall fondly the golden spike that marked the First Transcontinental Railroad across the United States, which connected the Central Pacific and Union Pacific railroads. What gets glossed over is that railroad companies were given taxpayer-funded government bonds and enormous tracts of land with which to build. Then, much like today, they hired lobbyists to ensure that in exchange for votes, politicians... Read More

Shutting Down Ex-Im Bank Punishes American Entrepreneurs and Job Seekers

With all the barriers stacked up against American entrepreneurs, a bright spot has been access to working capital through the Export-Import Bank, which is essential if American exporters are to compete in the global marketplace. Ex-Im provides working capital guarantees, insurance and direct loans to American manufacturers, helping to open new foreign markets that allow the U.S. economy to grow, while creating good-paying jobs. Yet some in Congress are leaning toward not reauthorizing the Ex-Im Bank. A vote is scheduled for September. As an independent, self-sustaining agency of the federal government, Ex-Im Bank has an 80-year record of supporting U.S. jobs by financing the exports of American goods and services. By doing so, the Ex-Im Bank has supported 1.2 million private-sector... Read More

Corporate Tax Rate Driving American Companies Overseas

Time was when the United States was No. 1 in numerous economic categories. Unfortunately, we have traded our swagger in indicators that make us stronger for a tax code that makes us weaker: American companies face the highest statutory corporate income tax rate in the world — 39.1 percent. According to the Tax Foundation, this overall rate of 39.1 percent is a combination of the 35 percent federal rate plus the average rate levied by U.S. states. This puts the United States at a major competitive disadvantage in global trade. “Corporations headquartered in the 33 other industrialized countries that make up the Organization for Economic Cooperation and Development (OECD), however, face an average rate of 25 percent,” the Tax Foundation notes. “Even corporations in... Read More

Hello New Carbon Tax; Goodbye 250,000 American Jobs

My father was born and raised in West Virginia, and is now buried in the heart of coal country. So President Obama’s war on coal and fossil fuels is not only a terrible policy decision, but it’s one that resonates with me personally. Stephen Moore, founder of the Free Enterprise Fund, was recently a guest on my radio show, Made in America, and predicted that the way the Obama administration is waging war on fossil fuels, the coal industry could be dead in 10 years. He characterized this as a “jihad against coal.” Moore made the interesting observation that part of the reason that the Obama administration takes credit for the improvement in the economy is due to the enormous progress in ratcheting up oil and natural gas production. With this new output came a... Read More

Obamacare Alienating the President’s Staunchest Supporters

When you start tallying up all the people who despise Obamacare, the line gets pretty long. But one group having a big problem with the Affordable Care Act (ACA) might surprise you: union members, who have historically been the staunchest supporters of President Obama and the Democrats. When the ACA was first proposed, the administration knew it had to woo trade unions if it was ever to gain approval. Unions publicly rallied for its passage. But behind closed doors, unions demanded that Obama grant special waivers for their members so they didn’t need to comply with Obamacare’s onerous mandates. The unions were comfortable with these promises . . . at least at first. But slowly they began to question Obama’s commitment to tamping down their members’ healthcare... Read More