Consumption, VAT’s dat?

I've written before about the plight of American industry, how this plight affects the country and its industrial base, and how it can possibly be addressed. I'll not repeat those arguments here but instead focus on just one aspect of that plight. Sadly and regrettably learn more »

Regulation or Strangulation

Personally I prefer my food to be healthy and not poisoned or contaminated and products that are reasonably safe which will not blow up, catch on fire or otherwise harm me or my children. Thus I'm all for some official (and effective) cultural/economic regulation as long as it doesn't strangle the economy. read why and how

The Naked Economy

"Look, the economy has no clothes", we marvel as we watch unemployment grow, watch our life savings evaporate before our eyes, and see crisis after crisis evolve.

"What? " you protest. "Things can't be that bad. Don't we know more than ever about running an economy. Surely this is really just a minor bump and those in charge will fix things! In fact aren't things starting to get better."

Oh yeah, you go on believing that fairy tale and while you're at it buy some swamp land in Florida to retire on. As Abe Lincoln once said, "You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time." Maybe so, but apparently you can fool the people for a long time, long enough it seems to create an economic disaster.