Our labor participation rate is horrific. It almost looks to me like government employees are messing with that number in order to change the headline percentage number.
Instinctively, we look for people's motives. We need to know whom we can trust and whom we can't. We're especially skeptical of business because we know business wants our money.
If you want to know what is wrong with the cost of education in America, look to some of the politicians you elected. We've been sold that cheap student loans are the answer to making education affordable. Nothing can be further from the truth.
Each year, the Entrepreneurship Foundation hosts a business plan competition in New Haven, Connecticut.
Simply stated, in the absence of competitive pressure, politicians will over-tax and over-spend until the welfare state collapses of its own weight.
If there is a single defining feature of those on the political Left, it is their unswerving conviction that the best and most dependable antidote to any social ill is a healthy dose of government intervention. “Big Brother is watching you” doesn’t ring as an ominous threat in their ears; it’s the warm assurance of ultimate security and protection.
Why? Why must our government make currency competition illegal? If I did print my own money, no one would have to use it. But people could if they wanted to. Competition is generally good. Why not competition in currencies?