Tag: Barack Obama
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Financial reform passes Congress
This afternoon the United States Senate passed sweeping financial services regulation, sending the bill to President Obama. As the President has championed this legislation, it is certain he will sign the bill.
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President Obama’s job approval in Kansas
The job approval rating for President Obama in Kansas is on a downhill trend.
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Supply-side economics, not taxes, cure for recession, audience told
Sound money and income tax cuts — the elements of supply-side economics — have produced economic growth in America, according to Dr. Brian Domitrovic of Sam Houston State University. When our country imposes inflationary loose money policies and high income taxes, economic growth suffers, as in the period from 1973 to 1982. Unfortunately, these are…
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Health care about to get worse
The market for health insurance should be more like the market for auto insurance: less government regulation.
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Kansas schools fail to make cut for grants
Last year Secretary of Education Arne Duncan created a program named “Race to the Top” which would make grants to states that are willing to make certain reforms. Two such reforms prominently mentioned by Duncan and President Barack Obama are charter schools and merit pay for teachers. We now know that Kansas was not selected…
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The stimulus evidence one year on
Last week, the Wall Street Journal reported a piece that analyzes whether the Obama stimulus plan, after one year’s time, can be judged a success. (See The Stimulus Evidence One Year On) Robert J. Barro, who is professor of economics at Harvard University and a senior fellow at Stanford University’s Hoover Institution, writes that the…
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Why Obama is wrong about net neutrality
“Net neutrality” sounds like a noble concept, doesn’t it? It’s another example of one political position co-opting language in a way that mislabels the underlying agenda.
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Hayek vs. Keynes: the video
There’s a video concerning some obscure but vitally important ideas in economics that’s getting a lot of play on YouTube. Titled “Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem, the video tells the story about two competing theories of how the world works — the theories of John Maynard Keynes and Friedrich…
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Scott Brown, Republican, wins in Massachusetts
At any moment Martha Coakley will concede that she has been defeated in her effort for the Democrats to hold on to late Sen. Edward M. Kennedy’s seat in the United States Senate, dealing a blow to President Obama’s prestige and the future of Democratic Party efforts to control increasing sectors of the American economy.