Our first issue of the year is usually my time for announcing contests tied to WORLD’s goals—and for 2013 we have three for those who care about fighting poverty or improving journalism, plus a fourth opportunity.
The Obama administration is well-known for its heavy-handed regulatory overreach, and letting government decide winners and losers instead of the free market. No better example of the Obama administration’s contempt for free enterprise is at the Federal Trade Commission (FTC), which is currently considering how to proceed with its investigation into whether Google uses its position in Internet search to steer users to the company’s preferred services and away from those of its competitors. And while the agency ponders whether to bring a formal complaint against the company, there's a real danger that it may confuse aiding Google's competitors with serving consumers.
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.