Government can’t put money into the economy without first taking money out of the economy

There are plenty of things to dislike about politicians.

Wow. Not even a pretense of caring about fiscal responsibility. Keep the status quo, even if it means America is doomed to suffer a Greek-style budget meltdown. Those were my thoughts when I heard that Harry Reid appointed Senators Kerry, Murray, and Baucus to the “super committee” created by the debt limit bill. And then […]

Anybody with an IQ above room temperature understands that companies only hire workers when they expect to generate net revenue (i.e., the total receipts associated with a new worker are expected to be higher than the total costs). That’s why it was so reprehensible for Congress to approve a 40-percent hike in the minimum wage […]