Crafting More Effective Stimulus Legislation, Part 3: Why don’t President Obama’s fiscal policies work?

Saturday, August 11, 2012

Fiscal policy is the use of government spending and taxation to influence the economy. Increases in government spending can create jobs that are needed to produce the goods and services the government buys, and then some through what are called “multiplier effects.” Reducing tax rates, to businesses and people, gives them more disposable income to spend. The more goods and services they buy, the more people that will be needed to make those things. That’s it in a nutshell.

Continue reading

Democrats versus Republicans: A Subtle, But No Less Profound Distinction

Friday, July 26, 2012

I’m a registered Independent, an equal opportunity critic of both parties. When I was growing up, I was taught that the distinction between Republicans and Democrats was that the Republicans were pro-business, while the Democrats were pro-labor.

Continue reading

Barack Obama v. Mitt Romney: Comparing resumes.

Tuesday, May 22, 2012

It’s only fair. President Obama wants us to focus on Mitt Romney’s history at Bain Capital, and the media is on that like white on rice – an expression which made more sense before my wife told me that brown rice is better for you, no political metaphor intended.

Continue reading