Obama Should Study the History of Reaganomics
by Dr. Paul Kengor
Obama’s and Reagan’s policies for economic recovery were completely different.
Obama’s and Reagan’s policies for economic recovery were completely different.
“Public policy” and “administration policy” are different worlds legally and linguistically.
Z STREET should be praised for pushing back.
In no time, progressives learned they could never get enough.
I would like to wrap up this series with an examination of a few more types of taxation. Keep in mind, that this series is not intended to be exhaustive. It is intended to open the door to discussion by presenting ideas for consideration. (See Part 1, Part 2, Part 3) I do not pretend […]
In Part 1 and Part 2, I mainly discussed the different schools of Capitalist thought (Keynesian and non-Keynesian) and how Distributism differs from them in regard to the role of government in stabilizing the economy and the use of taxation in doing so. Before I begin discussing the different methods of taxation, I should also […]
In Part 1 of this article, I pointed out that a purpose of the Keynesian redistribution of wealth was to keep the engine of Capitalism working. Its adherents advocate it from a sincere belief that this is the best way to help everyone. It sustains the poor and maintains the wealthy. The conservative and libertarian […]
Very few people actually argue that there should be no tax to support the functions of government. Distributists accept that government has a proper role in society and needs to exist for the fulfillment of that role. The functions of government have a cost which must be covered, therefore, we must address the question of […]
Although Texas Gov. Rick Perry has been embraced by some as an ideal presidential candidate for mainstream social conservatives, he has at least one strong critic in conservative icon Phyllis Schlafly, who says his tax plan would damage society by undermining marriage. In an op-ed for Creators.com, Schlafly wrote that the governor’s 20 percent “flat-tax” […]
Recently I encountered the inane phrase “redistribution of wealth.” We all know that it refers to the evil plan of the left-wingers. But wait! Are we unaware that the redistribution of wealth has already occurred, and continues today? Don’t we know that the wealth in the United States is distributed more unevenly than ever before […]
I hate to say it, but watching the various YouTube videos of the “Occupy Wall Street” protests and reading accounts of protesters’ goals and “demands” prompts me to shake my head with a resigned “I told you so.” I’ve been warning this was coming. Recently, Regnery Publishing released my new book, Don’t Let the Kids […]
The bankruptcy of “green jobs” darling Solyndra is still in the news because it could cost U.S. taxpayers $535 million due to a federal “stimulus” program loan guarantee. The Silicon Valley solar-panel maker’s failure comes on the heels of another “green” corporate-welfare beneficiary going under, Evergreen Solar. These deals were big losers for Americans. Both […]
Envy is sadness or discontent at another’s good fortune or excellence. Dante defined it as a perversion of one’s own good; a “wish to deprive” others of their own good. Augustine deemed it “the diabolical sin.” Conservative columnist George Will quips that envy is the most miserable of the deadly sins because it brings not […]
Somewhere in the Analects of Confucius, the Master says that the first step in solving a problem is to call things by their right name. When things are mislabeled, it is very difficult to think about them correctly. On the other hand, if you do not wish people to think correctly about an issue, the […]
How ironic that as America debated its debt ceiling all summer and faced a stunning credit downgrade, the nation approached a most timely anniversary: It was August 13, 1981, that President Reagan signed the Economic Recovery Act. Understanding Reagan’s thinking 30 years ago is critical to discerning where we are now. Reagan’s initiative was the […]
[Part 1] Conservatives express great frustration with the egregious violations of the Constitution by the legislatures and the courts, violations which ensure that power gravitates to the federal government, while the states become mere bureaucratic subdivisions of the federal apparatus rather than partners in a political union. In response, they call for a devolution, a […]
Being a congressman can be a great job. It can be attractive for someone who relishes the ersatz virtue of playing Santa Claus with other people’s money, who finds a year-round routine of fund-raising social events enjoyable, and who covets receiving one of the most generous pensions on the planet. It can also be a […]
One of the great privileges and duties of practicing Christians is to do charitable deeds. Virtually all Christians agree on this point. There is, however, a great divide in Christendom between those who believe that charitable giving should be a voluntary, private-sector ministry and those who believe that a government welfare state should oversee a […]