Archive for June, 2012

Egypt Needs a US History Lesson

Egypt Needs a US History Lesson

The good news is that Egypt has held its first democratic election. The bad news is that they held their first democratic election. If Egyptians were looking for change, they are getting it, but not what they had envisioned after the Mubarak government was toppled by a popular uprising.

The military appears to be in charge and can veto anything that the new leaders propose. Many of Mubarak’s confederates remain in power. And there will not be a parliament or constitution ...

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The Ghost of the Marshall Plan Hovers over U.S.

The Ghost of the Marshall Plan Hovers over U.S.

Try to guess who said this and when: “The modern system of the division of labor upon which the exchange of products is based is in danger of breaking down. The truth of the matter is that Europe’s requirements for the next three or four years of foreign food and other essential products — principally from America — are so much greater than her present ability to pay that she must have substantial additional help or face economic, social, and ...

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Union Loss Is America’s Gain

Union Loss Is America’s Gain

The failure of the vote to recall Wisconsin Republican Governor Scott Walker sends two distinct messages: the majority of voters want their elected officials to maintain a government living within its means; and that unions can no longer dictate how a government operates.

Now that Walker has become the only sitting governor to defeat a recall vote, many are counting on him to carry Wisconsin this November for Mitt Romney. This would be the first time Wisconsin voted for a Republican ...

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Overregulation and Job Creation Can’t Work Together

Overregulation and Job Creation Can’t Work Together

Several weeks ago, I wrote that as of 2008, small businesses faced an annual regulatory cost of $10,585 per employee, according to an SBA regulatory impact study published two years ago.

The Office of the Chief Counsel for Advocacy of the U.S. Small Business Administration estimates that the annual cost of federal regulations in the United States increased to more than $1.75 trillion in 2008.

On the heels of this data, I came across a 2009 study from the California State University’s ...

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Do Something to Send a Message to the Do-Nothing Congress

Do Something to Send a Message to the Do-Nothing Congress

A Washington Post column recently suggested that “to call this 112th Congress a do-nothing Congress would be an insult — to the real Do-Nothing Congress of 1947-48. That Congress passed 908 laws.

To date, this one has passed 106 public laws. Even if they triple that output in the rest of 2012 — not a terribly likely proposition — they will still be in last place going back at least 40 years.”

Most people agree that the 112th Congress is the ...

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