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So Why No Economic Recovery? Avaricious Government and Hesitant Entrepreneurs.
The Federal Government’s wasteful spending, institutional meddling, and taxpayer plundering is giving us hesitant entrepreneurs. Robust job growth requires boldness and risk-taking in the private sector. What we have now is boldness and risk-taking in the public sector. It is loading as much debt onto the balance sheet as possible, and creating the [...]
Continue reading...A New Look at Cash for Clunkers Confirms what Stimulus Programs do – Nothing (but Harm)
2. June 2010
From the Coyote Blog, see the graph below. Stimulus funds just create purchases now that will be forgone later. And they subsidize the purchases with tax funds or debt, basically transferring funds from one person to another for no good reason (other than buying votes, of course). The dotted line simply averages the sales for the [...]
Continue reading...Health Care Reform Bill Buries Small Businesses in a Deluge of Paperwork
1. June 2010
Human beings can have a high standard of living when their needs get met. In a marketplace, needs get met best when a few conditions occur. 1) the person who has the need is able to communicate that need to someone who can provide for that need. 2) the person who has the means to meet the [...]
Continue reading...What is Big Government?
21. May 2010
Big Government shouldn’t be confused with Government proper. Government proper, limited in its power and scope to only those tasks which legitimately protect life, liberty, and property from fraud and criminality, is not Big Government. It is the foundation of a free civilization. Here are some definitions of Big Government from a few online dictionaries. “Government perceived [...]
Continue reading...What ObamaCare Means for Small Businesses
25. March 2010
It’s important to look past the minutiae of the bill, and straight to the overall economics of the thing. Let’s look past what it means for healthcare and straight to what it means for the economics of a small firm. 1. ObamaCare means a harder economic climate for Small Businesses At core ObamaCare is a mandate. It [...]
Continue reading...Cash for Clunkers update – predicted failure now *fully* confirmed even more than previously
23. March 2010
Not to toot our own horn, but, toot toot. Graph from the American Thinker, Care Sales ($millions) Reported by Dealers.: Cost to taxpayers for each extra car sold because of Cash for Clunkers: $20,000 Number of clunkers turned in (and taken out of the market): 677,081 Price increase for used cars since CfC: 13.7% Change in [...]
Continue reading...Slavery in America
25. January 2010
Slavery in the United States was officially abolished by the Emancipation Proclamations of 1862 and 1863. That does not mean that there are not people still enslaved in our country. It is not necessarily the kind of slavery that most of us readily identify as such, but a slavery of the spirit. Our welfare system [...]
Continue reading...New Law Proposed to Require Companies to Pay Employees for Sick Leave
11. November 2009
U.S. employers who tell workers to stay home when they are sick will have to give them paid time off for up to five days. This creates perverse incentives.
Continue reading...The Costs of Health Care – Big Government is a Primary Driver
30. October 2009
The following article is written by Doctor Barry Jacobs, a Medical Doctor and SBABG contributor from Texas. Dr. Jacobs is practicing and experienced Reproductive Endocrinologist who has served in many capacities over his long and distinguished career (full bio at end of article), All of us are concerned about what health care costs in this country. [...]
Continue reading...Why ACORN Fell Like Dominoes (but Domino’s Didn’t) and How Its Fall Could Slow the Obama Agenda
29. September 2009
Domino’s Pizza and ACORN share something in common. Amateur film released on the Internet rocked the organizations and threatened their existence. The way each organization handled its respective crisis exposed a lot about the nature and character of the people who manage the organizations and helps us understand that, yes, ACORN deserves to disappear [...]
Continue reading...Cash For Clunkers is a Modern-Day Version of the Broken Window Fallacy
3. August 2009
Cash For Clunkers is an economically unsound program that will only make the American economic situation worse. It transfers wealth from one group of people to another while simultaneously destroying real wealth and misallocating scarce capital away from its best use. To understand why this is, you need only understand the Broken Window Fallacy.
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18. June 2010
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