The recent political entanglements over the budget have focused more on political maneuverings and who is right about what statement, rather than what the policies mean to average, everyday Americans.
This week marks the 102nd anniversary of Ronald Reagan’s birthday. It provides a time to reflect on the leader and on his vision for America.
The first crack in the floodgates opened this week, when Detroit councilwoman Joann Watson demanded a quid pro quo from President Obama in the form of a federal government bailout of the beleaguered city.
Stocks in general are still cheap, but not if the economy continues to only skim along or slips into another recession.
We need the expansion of private capital; we need to push back government spending which has crowded out the private sector and we must get back to the notion of creating great wealth that will reward all those that break a sweat and encourage those that don't to understand the wisdom of capitalism and its true rewards.
The evidence is very persuasive that big government is associated with weaker economic performance.
President Obama, new French President Francois Hollande and other political leaders have called for less "austerity" as a way to help the troubled economies on both sides of the Atlantic. That's the polite way of saying they want more government spending and larger deficits.
My daughter Grace put our video recorder on a tri-pod, pointed it at me, and turned it on. Over the course of a couple of days and five or six sessions, we covered everything from productivity, growth, and inflation to demographics, integration of the economy with capital markets and even international economics.
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