The View From 1776

§ American Traditions

§ People and Ideas

§ Decline of Western Civilization: a Snapshot

§ Books to Read

§ BUY MY BOOK

Liberal_Jihad_Cover.jpg Forward USA

Friday, July 30, 2010

A Pox On Both Houses

Both Republicans and Democrat/Socialists have failed to address the necessity for reforming our tax system and making it as permanent and stable as possible. 

Posted by Thomas E. Brewton on 07/30 at 04:52 PM
Economics • (2) Comments
Print this ArticleEmail A FriendPermalink

Mexico: A Subsidiary In Obama’s Chicago Corruption Machine

Mexico’s outrage about Arizona’s efforts to enforce United States immigration law, calling it racial discrimination, is rank hypocrisy.

Hayek vs. Krugman Re Keynes’s “Liquidity Trap”

Krugman is still riding a dead horse from Franklin Roosevelt’s disastrous New Deal.

Posted by Thomas E. Brewton on 07/30 at 01:15 AM
Economics • (6) Comments
Print this ArticleEmail A FriendPermalink

Cause And Effect

We now have definitive proof in the economy’s anemic drift that Obama’s Keynesian economic counsellors’ buoyant predictions of quick unemployment relief and rejuvenation of business activity were miles wide of the mark.  In fact, Keynesian remedies have exacerbated our economic problem.

See Jennifer Depaul’s article on the Fiscal Times website.

 

 

Posted by Thomas E. Brewton on 07/30 at 12:09 AM
Economics • (1) Comments
Print this ArticleEmail A FriendPermalink

Thursday, July 29, 2010

Most Americans Want To Cut The Federal Deficit

The Obama administration talks about it, but does the opposite.

Posted by Thomas E. Brewton on 07/29 at 11:52 PM
Economics • (6) Comments
Print this ArticleEmail A FriendPermalink

Democrat/Socialist Party’s Pact With The Devil

Democrat/Socialists, while professing to care about the general welfare, remain firmly wedded to the evils of illegal immigration and tort bar extortions.

Wednesday, July 28, 2010

Spending vs. Consumption

Spending is for purely political purposes mandated by collectivized government.  Consumption is purposeful activity arising from free choices by individuals and businesses.

Posted by Thomas E. Brewton on 07/28 at 09:18 PM
Economics • (0) Comments
Print this ArticleEmail A FriendPermalink

Obama’s Libyan Lies

Contrary to Obama’s recent statement, his administration urged Scottish officials to release the Lockerbie bomber, a Muslim to whose faith Obama appears to be partial.

Tuesday, July 27, 2010

The Daily Socialist - 7/20/10

Is there a case for Keynes’s “liquidity trap?”

Keynes believed, and apparently Paul Krugman agrees, that failure of individuals and businesses to spend all their cash during a recession is bad, that government must intervene with large-scale deficit spending.  Individuals’ and private businesses’ failure to spend is what Keynes damned as saving.  Oddly, he also identified government deficit spending as savings, or what Democrat/Socialists call investment.

Posted by Thomas E. Brewton on 07/27 at 12:21 AM
Economics • (0) Comments
Print this ArticleEmail A FriendPermalink

Monday, July 26, 2010

To Save The Economy Obama’s Administration Plans First To Destroy It

Treasury Secretary Geithner, who has reportedly never held a job in the private business sector, confidently espouses Paul Krugman’s hypothesis that higher taxes will impel economic recovery.

Posted by Thomas E. Brewton on 07/26 at 11:48 PM
Economics • (0) Comments
Print this ArticleEmail A FriendPermalink