ChrisBanescu.com

With unemployment still above 9 percent, Americans are searching for answers that will lead to quality, lasting jobs. Past failures of jobs programs show that addressing the symptom instead of the disease has yet to lead to real job growth. Instead of talking about jobs programs, what needs to be discussed is how to provide [...]

by James E. Miller – In a recent National Public Radio report, the real story behind the monumental land reforms which transformed the communist dystopia of China into a productive powerhouse was revealed. In 1978, the farmers in a small Chinese village called Xiaogang gathered in a mud hut to sign a secret contract. They [...]

by IBD Editorials – Success: Away from the low growth and high regulation of an America under Washington’s thumb, our northern neighbor is economically strong. As 2011 ends, Canada has announced yet another tax cut — and will soar even more. The Obama administration and its economic czars have flailed about for years, baffled about [...]

by Greg Pesci – Entrepreneurs, free to pursue their economic dreams, built America! They are, and always have been, its creators of jobs, growth, and wealth. In 1831, Alexis de Tocqueville wrote in Democracy in America:“It may be said that, in the United States, there is no limit to the inventiveness of man to discover [...]

by Jeffrey Folks – On Friday, the president wasted no time informing the country that unemployment rates had dropped from 9.8% to 9.4%. That sounds pretty good until you dig into the underlying numbers. Then it sounds dire. Despite expectations that the U.S. would add 170,000 new jobs, only 100,000 were added in December. And [...]

When the American Recovery and Reinvestment Act (ARRA) was enacted by Congress in February of 2009, a mere 0.899% of the funds were directed toward helping Small Businesses. Despite the fact that the Small Business sector employs over 50% of the American population, Big Business and Wall Street got most of the attention from our [...]

10/23/2010 – Tom Roberson – Bloomberg Businessweek details the complicated “Dutch Sandwich” tax strategy employed by Google to avoid the massive tax hit it would incur on overseas profits repatriated to the U.S. After reading this and seeing the lengths that U.S. companies go to protect their profits, can anyone seriously believe that taxes do [...]

America’s economic situation needs an emergency heart transplant, but Obama and the Democrats keep offering band-aids instead. We need a major change in government economic, tax, and fiscal policies not more government bailouts. Yet the president is doing nothing to reverse the enormous uncertainty fostered by his own administration’s aggressive anti-business and pro high-tax initiatives [...]

7/24/2010 – Henry Oliner – Karl Marx understood that capitalism is intrinsically productive but saw an inherent unfairness in any value other than that provided by labor. Marx also understood that individual incentives to produce would inevitably lead to overproduction and painful contractions. To avoid these contractions and their impact on labor costs, he believed [...]

5/11/2010 – Randall Hoven – What we have here is the failure of the unfree market. That means the failure of Greece. And the other PIGS (Portugal, Italy, Greece, Spain). And Europe. And it means the U.S., too. It even includes the Great Recession. The modern welfare state is collapsing around us. If you had [...]

4/27/2010 – John Pisciotta – Acton – Americans have less confidence and trust in government today than at any time since the 1950s. This is the conclusion of the Pew Research Center survey released in mid-April. Just 22 percent expressed trust in government to deliver effective policies almost always or most of the time. With [...]

Townhall | by Ed Feulner | Jan. 26, 2010 When future historians characterize this era, chances are they won’t label it as America’s “golden age.” Indeed, they may well mark 2010 as the year the United States became the home of the “mostly free.” That’s the finding of the latest “Index of Economic Freedom,” an [...]