A Positive Economic Trend

April 21, 2017

The Labor Department reports that the number of Americans collecting Unemployment checks fell this week to 1,979,000. That’s the lowest since April 15, 2000, seventeen years ago. One economist explained that there’s been a steady downtrend in the pace of layoffs that put workers on Unemployment. There are various factions trying to claim credit, with Democrats saying it’s a continuation of that Obama recovery, and Republicans saying it’s because of Trump’s pro-business policies and his ongoing reversal of Obama regulations that cost employers tens of billions of dollars. There’s some truth to both claims. Well, at least to the latter.

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But anyone who’s ever tried to run a business knows there’s another factor at work. It’s not what the government is doing, but what it’s NOT doing. Employers finally feel confident that with Trump at the helm, there will not be any more new complicated, business-killing regulations blindsiding them in the near future, and that activist bureaucrats will NOT target their industry for extermination in the name of some trendy cause popular on the left. So they can take some of the cash they’ve been sitting on like a security blanket and use it to keep workers working or even to hire more and expand. It shows how well the economy does when the government gets out of the way, and even more important, when employers feel secure that it’s going to stay out of the way.

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How Venezuela got that way

August 16, 2016

College students who’ve had their noggins filled with the wonders of socialism always have the same reaction when you point to Venezuela, just the latest in its unbroken string of tragic failures: “That doesn’t count! The right people weren't in charge! Socialism could work if truly good people were in charge – like, say, ME!” Of course, that overlooks one of the many fatal flaws of socialism: it puts absolute power in the hands of government, and absolute power corrupts absolutely.

If the media were doing their job, we’d be seeing daily front-page reports on Venezuela, and how an incredibly blessed, resource-rich democracy has been brought so low that its people have no food and are being forced at gunpoint to work in the fields (forced labor being the inevitable endgame of all socialist regimes). Maybe if liberals learned that the zoo animals are also starving to death, that would alarm them into paying attention. How in the world did Venezuela get so bad so quickly?

Read the article at the link. It not only tells how it happened, but frighteningly, how it could happen here. Don’t think that’s possible because we have the US Constitution to protect us? Well, consider Venezuela’s rapid downward spiral: Government grew too powerful; greedy politicians sold power, replacing capitalism with crony capitalism; the people got fed up and started voting for whoever who promised them more stuff; and the socialist leader exerted even more power, arguing that the constitution was nothing but an outdated “piece of paper” that meant whatever he said. Any of that sound vaguely familiar?