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Economy

This tag is associated with 6 posts

“Basic Science” Redefined

Republican Senate Minority Leader Mitch McConnell has condemned President Obama’s $3.77 trillion budget as “just another left-wing wish list.” It raises spending and offsets these increases with additional taxes, such as a proposed 94 cents per pack additional tax on cigarettes. It also proposes additional funding for “basic research.” Continue reading

An $85 Billion Rounding Error

In a recent article for the Washington Post, Philip Rucker tries to explain why only some communities seem concerned about sequestration. The sequester “would strike some communities and largely bypass others, cutting across class, politics and geography,” writes Rucker. Ironically, he notes that the “disparity in some ways mirrors the nation’s electoral divide between Democrats and Republicans.” One could read into this that those who elected big spenders are those most likely to be concerned about or affected by the sequester. Government dependence breeds consternation when programs are cut. Continue reading

Energy Efficiency ‘Not Enough’ to Combat Climate Change

A recent article in the Washington Post exposes once again what climate change skeptics already know: the green movement is designed to lower living standards, not just make living more carbon efficient. Continue reading

Coal Sees Comeback in Germany

If a recent article in the Washington Post is any indication, the Obama administration may feel pressure from the greens to crack down even harder on American coal, especially given news regarding Germany’s increasing reliance on this fuel. Germany is currently harnessing lignite, or brown coal, to offset its reduced reliance on nuclear power. The Post’s Michael Birnbaum worries that this may lead to increased greenhouse gas emissions worldwide. Continue reading

The Heroic Businessman?

In the current economic climate, politicians and interest groups have encouraged the public to view businesses, especially corporations, as exploitative entities taking advantage of human suffering and even engineering the Great Recession. Thus, increased government intervention is necessary to “tame” the marketplace. Some consider the recent re-election of President Obama a vindication of this perspective.

John Mackey, Co-CEO of Whole Foods, courageously shares an opposing view in his latest book, Conscious Capitalism, co-authored by Rajendra Sisodia. Continue reading

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