“Moreover, cutting our consumption of oil will not do anything to reduce our dependance on oil from the Middle East. First, because other countries–countries we trade with–will still be using the stuff, so changes in oil prices will continue to whipsaw our economy. And second, because the price of oil is set on […]
Archive for August, 2008
Aug29th2008
Quote Of The Day
Published by in Economics, Education, Hispanics (Minority Issues), Inequality and Poverty. 0 Comments“Fifty percent of the variance in inequality in lifetime earnings is determined by age 18. The family plays a powerful role in shaping adult outcomes that is not fully recognised by current American policies. As programs are currently configured, interventions early in the lives of disadvantaged children have substantially higher economic returns than later interventions […]
Aug28th2008
“There are countries in Europe that would love to have their unemployment rate fall to the 5.7 percent unemployment rate to which ours has risen. Yet those who seem to want us to imitate European economic and social policies never seem to want to consider the actual consequences of those policies. “Unacceptable” is one of […]
Aug27th2008
“The reason so many people misunderstand so many issues is not that these issues are so complex, but that people do not want a factual or analytical explanation that leaves them emotionally unsatisfied. They want villains to hate and heroes to cheer– and they don’t want explanations that do not give them that. ” — […]
Aug26th2008
“Unless blacks and Hispanics markedly increase their secondary and tertiary graduation rates, the average educational level of the American work force will steadily decline in the coming decades as better educated whites are replaced by less well-educated blacks and Hispanics. On this trend, America will steadily lose competitiveness. America must find the means to better […]
Aug25th2008
The editorial pages of the WSJ report:
…it seems as if the Democrats have accomplished the impossible: They have moved to the left on abortion.
On the party’s platform, the Democrats dropped the words “safe, legal and rare,” the phrase used most famously by both Bill and Hillary Clinton to signal moderation on the issue. The Democrats […]
Aug22nd2008
Charlie Rose interviews Austan Goolsbee, Barack Obama’s chief economic advisor. The full interview can be found here.
Aug21st2008
What would you do if you were too poor to care for your children? If you said have less children, you have not factored in the economics of welfare:
The 1996 Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) gave states greater flexibility to formulate and implement initiatives to reduce welfare dependency and encourage employment for […]
Aug20th2008
A Cure For Real Estate Markets Downturn
Published by in Hispanics (Minority Issues) and Immigration. 4 CommentsGiven by Alan Greenspan:
“The most effective initiative, though politically difficult, would be a major expansion in quotas for skilled immigrants,” he said. The only sustainable way to increase demand for vacant houses is to spur the formation of new households. Admitting more skilled immigrants, who tend to earn enough to buy homes, would accomplish that […]
Aug19th2008
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Aug13th2008
David Freddoso writing in the National Review reports:
On March 30, 2001, Obama was the only senator to speak in opposition to a bill that would have banned the practice of leaving premature abortion survivors to die. The bill, SB 1095, was carefully limited, its language unambiguous. It applied only to premature babies, already born alive. […]
Aug6th2008
Remember Hugo Chavez?
Published by in Communism, Economics, Hispanics (Minority Issues) and LatinAmerica. 9 CommentsWondering what he has been up to? The New York Times keeps us informed:
President Hugo Chávez is using his decree powers to enact a set of socialist-inspired measures that seem based on a package of constitutional changes that voters rejected last year. His actions open a new stage of confrontation between his government and […]
Aug4th2008
“The company is scrambling to retool for small cars, and I’m sure we’ll hear a loud chorus of voices saying that GM did this to themselves by becoming so dependent on light trucks. Well, they did, but I’m not sure it’s fair to blame management. GM’s historical pension and healthcare obligations, and the vast difficulties […]
Aug1st2008
The Associated Press reports:
Republican presidential candidate John McCain on Friday told an influential black organization that Democratic rival Barack Obama opposed private school vouchers and was beholden to the teacher’s union, both at the expense of underprivileged students.
McCain said that Obama sent his own children to private school while holding back efforts to give more […]
