How to Fix the Student Debt Crisis

Dec 2nd, 2015 Education, Government, Welfare and Charity Bill B. May 1 min read

Steve Cohen says: Stop loaning money to students; loan it to colleges instead. Each of the Democratic presidential candidates has come out in favor of some version of a plan to make college “free.” This staggeringly bad idea would cost a half-trillion dollars per year. Things that seem to “cost nothing” can often wind up being worth nothing. College is no different. Students need to have…

 

Thanksgiving Is a Celebration of Free Enterprise

Judy Thommesen writes:   [Every year at Thanksgiving-time I resurrect a column written by a fellow teacher, Kent Dillon, about the real reason we celebrate this holiday. It is a story no longer told in the textbooks because it is thoroughly unPC, and undermines the idea that government is the solver of all problems. We were teachers, as well as part of the crew, at The Flint…

 

Should People be Allowed to Work for $1 an Hour?

Nov 23rd, 2015 * RECOMMENDED READINGS, Labor, Minimum Wage Laws, Money, Welfare and Charity Bill B. May 1 min read

Jonathan Newman writes: What is the least you would be willing to be paid to verify business addresses or phone numbers for a database? If you had a large online inventory and wanted simple word tags to describe each one of your products for search engine optimization, how much would you be willing to pay somebody to trudge through your product images and generate tags?  

 

Sen. Elizabeth Warren and progressive leaders join EPI to unveil the Women’s Economic Agenda

Ambitious policy agenda sets sights beyond the gender wage gap  On Wednesday, November 18, 2015, at 9:30 a.m. Eastern, Senator Elizabeth Warren (D-Mass.) will join the Economic Policy Institute (EPI) and the AFL-CIO’s Liz Shuler and other leaders to release EPI’s ambitious Women’s Economic Agenda. Obviously this agenda will look at ways to help women through government actions.  The problem is that when government helps…

 

Our Perverted Tax Code Actually Encourages Poor Not To Work

Nov 12th, 2015 * RECOMMENDED READINGS, Social Issues, Taxes, Welfare, Welfare and Charity Robert May 1 min read

IBD Staff write:  Taxes: Candidates in Tuesday night’s Republican debate found near-universal agreement on one thing: The U.S. tax code is an impediment to growth and needs to be radically simplified. A new report shows why this is so. The nonpartisan Tax Foundation has put out a new report titled “Income Tax Illustrated .” OK, cue the jokes. But it isn’t boring. Really.    

 

Social Security: The Long Slow Default

Nov 11th, 2015 * RECOMMENDED READINGS, Government, Money, Social Issues, Welfare and Charity Bill B. May 1 min read

Kirby R. Cundiff says:  When an investor buys an annuity or another retirement product from an insurance or mutual fund company, the contract is constant and enforceable through the United States court system. When a United States taxpayer is forced to pay for a government backed retirement system such as the Old-Age, Survivors, and Disability Insurance program (OASDI) — also known as Social Security —…

 

Free Stuff Can Turn Out to Be a Bad Buy

Oct 30th, 2015 * RECOMMENDED READINGS, Government, Politics, Taxes, Welfare and Charity Robert May 1 min read

Michael Barone writes:  Free college! That’s what the Democratic candidates were offering in their presidential debate. And it’s likely that, if the subject had come up, they would have offered something like free home mortgages as well, to judge from Hillary Clinton’s statement that she had urged Wall Street to stop mortgage foreclosures. Sounds a lot like free houses! I repeat my comment about democracy. …

 

Unemployment-a little humor

Oct 29th, 2015 * RECOMMENDED READINGS, Economics, Government, Labor, Regulation, Welfare and Charity Bill B. May 2 min read

ABBOTT AND COSTELLO analyze Unemployment.     COSTELLO:  I want to talk about the unemployment rate in America.   ABBOTT: Good Subject.  Terrible Times. It’s 5.6%.   COSTELLO:  That many people are out of work? > > ABBOTT: No, that’s 23%. > > COSTELLO: You just said 5.6%. > > ABBOTT:  5.6% Unemployed. > > COSTELLO:  Right 5.6% out of work. > > ABBOTT: No,…