Friday, August 12, 2011

Krauthammer - The System Works

The people spoke; the process worked. Yes, it was raucous and divisive, but change this fundamental should not be enacted quietly. This is not midnight basketball or school uniforms. This is the future of government-worker power and the solvency of the states. It deserves big, serious, animated public debate.

Happy Cost of Government Day!

This year, Cost of Government Day falls on August 12, meaning Americans labor a full 224 days into the year to pay for local, state and federal government spending and regulations.

Summary, with links to more detail.

Thursday, August 11, 2011

Why Our Parents Put Us To Shame

No infant seats, no seat belts, people smoked basically everywhere, we gnawed happily on plastic and toys full of lead, climbed on high steel monkey bars, and electrical outlets were always in plain view and ready for a zappin'

Unexpectedly - initial jobless claims down 7K to 395K

Bloomberg explained last week how the decline in the jobless rate comes from people giving up - a "decline in the work force."

Today.

Wednesday, August 10, 2011

DR. Milton Wolf:Obamacare or America?

Obamacare targets job creators like a heat-seeking missile. In Obama-world, any company that dares to employ Americans, particularly more than 50, must face additional financial burdens. As federal compliance makes each new hire prohibitively more expensive, companies that would otherwise expand, won't. In fact, employers who hope to keep their heads above water are being forced to shed as many jobs as possible, particularly within the health care sector itself, which is hit especially hard with rationed reimbursements and increased taxes. Boston Scientific, for example, a medical-device company that provides everything from life-saving cardiac pacemakers to laser-therapy systems, recently announced that it is laying off 1,200 to 1,400 employees. Meanwhile, the same company is investing $150 million and hiring 1,000 people in Red China because the communists have less burdensome government regulations than Barack Obama's America.

Dr. Wolf is Obama's cousin.