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Entries in Economy (183)

Friday
Mar072014

American Principles In Action - Forbes.com: Heritage drafts Supply Side visionary 

Dear Monetary Policy Observer,

President Obama’s science advisor is John Holdren, who long ago proposed “de-developing” America.  Heritage Foundation has made a bold shift by naming Steve Moore, formerly of Forbes, the Wall Street Journal, and a well respected supply sider, as its chief economist.  This recent article by APIA senior adviser Ralph Benko examines the implications of Heritage’s pick and how Moore’s supply side savvy, which includes favoring monetary reform, is a powerful force to pull America out of the “Holdren Doldrums.”

 

We hope you find this material of interest.

Sincerely,

Nicholas Arnold

American Principles In Action

www.americanprinciplesinaction.org

 

Pullquote:

John Holdren, now Obama’s White House science advisor, 40 years ago termed America “overdeveloped.” Holdren co-authored a 1993 book, Human Ecology: Problems and Solutions, with Anne and Paul Ehrlich reportedly saying that, “A massive campaign must be launched to restore a high-quality environment in North America and to de-develop the United States….” (Emphasis supplied.)

As Reason Magazine’s Ronald Bailey put it upon the occasion of Holdren’s nomination to White House service: “Holdren … acknowledge(s) ecological ignorance about the principles of economics, but [didn't] express any urgency in learning about them.” Holdren seems, to this columnist, still to favor “de-development” more euphemistically stated as “sustainable prosperity.”

…How to fight such ignorance? How about … deploying the protégé of a towering intellectual Julian Simon who once upon a time decisively refuted Dr. Holdren?

That’s exactly what Heritage’s president Jim DeMint now is doing. DeMint recently lured one of America’s leading advocates for policies of equitable prosperity, Steve Moore, to Heritage Foundation. Moore’s title, Chief Economist, suggests he has been given great authority.

…Heritage and Moore both champion free markets. But they do so from different, complementary, perspectives. In the tone of its advocacy Heritage leans toward “righteousness,” to do the right thing.

There is a place for argument from righteousness. We voters expect righteousness from our leaders. But righteousness is a feature, not a benefit.

We also expect more: a benefit. Moore provides the “more.”

 Read the full article here:  http://www.forbes.com/sites/ralphbenko/2014/02/17/a-supply-side-visionary-is-drafted-to-fight-team-obama/

Wednesday
Mar052014

Guinta For Congress - Administrations Budget Ignores Reality and Hurts Economic Growth 

Today, President Obama released his FY ’15 budget. In response, Ethan Zorfas with Frank Guinta's Campaign for Congress released the following statement:

“President Obama's budget calls for nearly $4 trillion in spending, increases taxes and serves as a White House wish list for new spending. Carol Shea-Porter owes Granite Staters an answer, are you going to continue to ignore the historic unemployment and financial crisis we face by supporting President Obama’s budget, or will you side with New Hampshire? This budget will do nothing to grow the economy or create the environment for job growth and middle class prosperity. Lastly, it fails to address the $17 trillion debt, a failure that will cost our children and grandchildren dearly.”

Saturday
Jan112014

Innis For Congress - Statement on Today's Jobs Report 

Manchester, NH - Dan Innis, Republican candidate for Congress in NH-CD1, released the following statement today.


"Today's jobs report is yet another disappointing reminder that President Obama and Congresswoman Shea-Porter's big government policies aren't working. In the last two months alone, over a million Americans have given up looking for work. As a small business owner I know that to help create jobs Congress must balance their budget, remove barriers to entrepreneurship and encourage economic growth through free market reforms and fiscal restraint. And as New Hampshire's next Congressman I will help Congress do just that."

Saturday
Jan112014

Testerman For US Senate - Our Economy is Treading Water 

CONCORD, NH - Karen Testerman, Republican candidate for the United States Senate, commented on the recent jobs report for December.

"The Obama-Reid-Shaheen economy is weak," Testerman said.

CNN reports:

"We're going to have a long-term unemployment crisis for a long time," said Heidi Shierholz, economist with the Economic Policy Institute. "Even if we did have 200,000 jobs a month, we would need five years to get [to a pre-recession job market -- when unemployment was below 5%," she said.

"We need to grow our economy faster to out-pace those who are wanting to enter the workforce," Testerman said. "That means not increasing regulations or effective tax rates on businesses--where jobs come from--and repealing oppressive regulations and taxes on businesses. A flatter, simpler tax on businesses and individuals would spur real economic growth like many of the years we have had in recent decades, but which Barack Obama and his fellow Democrats have not be able to produce."

Saturday
Nov092013

ALG - 932,000 disappear from labor force in a single month 

6

Nov. 8, 2013, Fairfax, Va.—Americans for Limited Government President Nathan Mehrens today issued the following statement

"I hope that the jobs data reported by the Bureau of Labor Statistics is wrong, because if it is not, almost one million people abandoned the labor force in October.  This is not due to any short-term government shutdown, but a wholesale loss of hope that Americans have a future in the U.S. economic system.  To put this into perspective, there has not been this small of a percentage of people participating in the labor force since 1978. It is hard to imagine a more devastating report on the state of the current economy.

"Almost one million Americans gave up on the American dream.  The implications of this simple fact are unfathomably bad.  Let's hope this report is an aberration, because if it is not, our nation is in even deeper trouble than anyone had imagined."

To view online: http://getliberty.org/932000-disappear-from-labor-force-in-a-single-month/

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.