Defending the Judeo-Christian Heritage, limited government, and the American Constitution
Thursday February 11th 2016

‘Economy’

Omnibus Attack on American Jobs

Omnibus Attack on American Jobs

BY PHYLLIS SCHLAFLY When I heard that the Omnibus spending bill that President Obama signed a week before Christmas includes a provision allowing more foreign guest workers, my first reaction was disbelief. We were repeatedly told by Republican leaders that the must-pass spending bill contained only what was absolutely necessary to pay our [...]

Farewell to Cash?

Farewell to Cash?

BY MARK W. HENDRICKSON Talk about a possible “cashless society” has been around for years. The crucial question for our economic well-being is whether we evolve away from the use of cash voluntarily (which will happen if superior alternatives are developed—such as something along the lines of Bitcoin) or involuntarily, as the result of [...]

Is Obama To Blame For Weak Economic Growth?

Is Obama To Blame For Weak Economic Growth?

BY MARK W. HENDRICKSON A political science colleague sent me an article documenting President Obama’s dismal economic record, and he asked me for added details and perspective. Here goes: True, economic growth under Obama has been sluggish, fitful, faltering, historically weak, etc. However, if you look at the charts in the article (see [...]

Will Seizure of Russian Assets Hasten Dollar Decline?

Will Seizure of Russian Assets Hasten Dollar Decline?

RON PAUL, RON PAUL INSTITUTE While much of the world focused last week on whether or not the Federal Reserve was going to raise interest rates, or whether the Greek debt crisis would bring Europe to a crisis, the Permanent Court of Arbitration in The Hague awarded a $50 billion judgment to shareholders of the former oil company Yukos in their [...]

Janet Yellen is Right: She Can’t Predict the Future

Janet Yellen is Right: She Can’t Predict the Future

RON PAUL, RON PAUL INSTITUTE This week I found myself in rare agreement with Janet Yellen when she admitted that her economic predictions are likely to be wrong. Sadly, Yellen did not follow up her admission by handing in her resignation and joining efforts to end the Fed. An honest examination of the Federal Reserve’s record over the past [...]

The Real Immigration Issue is Jobs

The Real Immigration Issue is Jobs

BY PHYLISS SCHLAFLY Congratulations to WorldNetDaily on its 18th Anniversary. As an author, I’m so thankful to Joseph Farah and his staff for creating such an efficient route to communicate with millions of Americans. I am especially grateful to WND for tackling conservative issues every day so effectively. Iowa staged a big show-and-tell for [...]

Illegal Immigrants Get Handouts and Jobs

Illegal Immigrants Get Handouts and Jobs

BY PHYLISS SCHLAFLY Just in case Obama’s 5,000,000 new amnestied illegals need spending money, they can collect a special handout from the U.S. taxpayers called EITC (Earned Income Tax Credit), which was designed to help parents who are working to support their families. The IRS Commissioner (John Koskinen), told the Senate Finance Committee [...]

Disbanding Troops and Bureaucrats

Disbanding Troops and Bureaucrats

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 9 When, after every great war, it is proposed to demobilize the armed forces, there is always a great fear that there will not be enough jobs for these forces and that in consequence they will be unemployed. It is true that, when millions of men are [...]

Free Trade with Red China has Cost America

Free Trade with Red China has Cost America

BY PHYLISS SCHLAFLY According to the international Monetary Fund, for the first time in decades the U.S. is no longer the largest economy in the world. Communist China has become number one. Just 14 years ago, the U.S. produced nearly three times as much as the Chinese. China now accounts for 16.5% of the global economy compared with 16.3% for [...]

The Curse of Machinery

The Curse of Machinery

BY HENRY HAZLIT Essential Works: The Freeman Economics In One Lesson, Chapter 7 Among the most viable of all economic delusions is the belief that machines on net balance create unemployment. Destroyed a thousand times, it has risen a thousand times out of its own ashes as hardy and vigorous as ever. Whenever there is a [...]

Standing Up for U.S. Workers is Good Politics

Standing Up for U.S. Workers is Good Politics

BY PHYLISS SCHLAFLY Amnesty is often on the agenda in Washington, but it’s certainly NOT on the list of what voters want. A poll of likely voters done last year by the Kellyanne Conway firm showed sweeping majorities against amnesty and in favor of immigration policies that benefit Americans. 76 percent want immigrants who overstay their [...]

Sen. Sessions Advises About Immigration

Sen. Sessions Advises About Immigration

BY PHYLISS SCHLAFLY No one in Congress better understands the challenges facing American workers than Senator Jeff Sessions. This Alabama senator knows that the debate over immigration comes down to three simple questions: Does America have a right to control its borders? Should our immigration laws serve the national interest? And, do [...]

Infrastructure: Privatization and Innovation

Infrastructure: Privatization and Innovation

CHRIS EDWARDS, CATO INSTITUTE Tomorrow at CPAC, I will discuss some advantages of infrastructure privatization. Perhaps the largest advantage is innovation. Unlike government bureaucracies, private firms in a competitive environment are eager to maximize the net returns of projects, so they find new ways to reduce costs and improve [...]

Connecticut’s Sweet Job-Protection Deal for Elected Officials

Connecticut’s Sweet Job-Protection Deal for Elected Officials

WALTER OLSON, CATO INSTITUTE It is a truism that laws tend to be arranged for the benefit of the political class. Still, I was surprised how blatantly this truism plays out in the case of a Connecticut law by the name of Conn. Gen. Stat. 31-51l, which I learned of through a post earlier this year by Daniel Schwartz at his Connecticut [...]

Facts About Paycheck Fairness

Facts About Paycheck Fairness

BY PHYLISS SCHLAFLY President Obama and his feminist friends have been trotting out their tiresome slogan that women are paid only 77 cents for every dollar a man earns. Every reputable scholar who has studied this matter has proved this is a notorious falsehood which anyone should be embarrassed to use. U.S. law calls for equal pay for equal [...]

The Racket of Guest Workers

The Racket of Guest Workers

BY PHYLISS SCHLAFLY Tom Donohue, U.S. Chamber of Commerce president, just hurled a challenge to Republicans. If they don’t pass amnesty for illegal aliens, they “shouldn’t bother to run a candidate in 2016.” Somebody probably told him that outrageous statement was a gaffe, which means the inconvenient revelation of an embarrassing [...]

Virginia DMV Attempts to Shutter Ridesharing Companies Uber, Lyft

Virginia DMV Attempts to Shutter Ridesharing Companies Uber, Lyft

KATHRYN WATSON, CATO INSTITUTE Just when you thought you couldn’t despise the Department of Motor Vehicles any more, Virginia’s DMV decided to wage war against popular passenger carrier companies Uber and Lyft, sending cease and desist letters urging them to stop doing business in the commonwealth. The Virginia DMV, which has [...]

Afghanistan: Obama’s War

Afghanistan: Obama’s War

STEVE HANKE, CATO INSTITUTE Last week, when President Obama made his trip to Bagram Air Base in Afghanistan, he claimed that “America’s war in Afghanistan will come to a responsible end.” This turned out to be the greatest applause line of his speech. With his assertion, Obama, in effect, declared himself the hero of the Afghan war – [...]

Federal Dietary Panel: Forget the Beef, Eat More Plants and Bugs

Federal Dietary Panel: Forget the Beef, Eat More Plants and Bugs

KENRIC WARD, HERITAGE FOUNDATION A federal dietary committee is calling for “sustainable” menus, including a virtual ban on meat consumption, a new report warns. Hanns Kuttner, a senior research fellow at the Hudson Institute, a Washington, D.C.-based domestic and foreign policy think tank, says the Dietary Guidelines Advisory Committee [...]

Veterans Need Choice in Choosing Health Care

Veterans Need Choice in Choosing Health Care

Joseph Ambrose, an 86-year-old World War I veteran, attends the dedication day parade for the Vietnam Veterans Memorial in 1982. He is holding the flag that covered the casket of his son, who was killed in the Korean War (Photo credit: Wikipedia) DOUG BANDOW, CATO INSTITUTE Medical care for veterans has become Washington’s latest [...]

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