Columnist.
We need another infusion of investment capital into the U.S. — and quickly — to get the 25 million jobs back that were lost when businesses went under.
The victims of baseless lawsuits are workers, consumers and the elderly.
Back in 2009, Nancy Pelosi infamously declared the best way to revive the economy was to dole out ever more generous food stamps and unemployment benefits. The more people collecting welfare the better. At the time, this notion seemed laughable. Now this economic illiteracy seems to have become a conventional wisdom.
Loneliness is such a sad affair, as the saying goes, and our politicians have succeeded in turning America into a lonely nation by decree. We are going on four months now of lock-ins, business shutdowns and few, if any, social gatherings. What this is doing to the nation's psyche has been devastating.
If the "liberal" green movement had the political power during earlier periods of our nation's history that it has now, we would not have built the railroads. Also, there would be no interstate highway system, and the electric grid system that powers our country would be disconnected and shattered.
The June blockbuster jobs report is more evidence that the economy is healing, but this remains a brutal period for the some 30 million still unemployed Americans.
The most recent jobs report found that nine of the 10 states with unemployment rates above 14% are in liberal blue states.
The coronavirus shutdown has flattened multiple industries across America — everything from airlines and manufacturers to hospitals, retailers, oil and gas producers, and restaurants. Many of the 30 million small and large businesses in the country have reported a 30% reduction in revenues. Amid the carnage, one sector of the economy is thriving like never before in the history of the republic: the government.
It's the oddest thing. The more America's Big Tech companies such as Amazon, Apple, Facebook, Google, Microsoft and Twitter have contributed to keeping America's economy afloat during the coronavirus lockdown, the louder the voices get to break them up or to tie them up into regulatory knots.
The crisis of the coronavirus-induced economic lockdown and now the violent protests in the streets have unleashed a depression-level financial crisis and unprecedented human suffering — especially in our inner cities. These events have also exposed a Grand Canyon-sized chasm that now separates how the left and the right see America today.
The recovery stage for our economy is finally here, and now the policy priority has to shift to getting people back on the job and getting businesses up and running. The best incentive to get businesses hiring again and get workers off unemployment is to suspend the payroll tax for the rest of the year.
America is starting to reopen for business across the country — except for a handful of states where lockdown orders are expected to remain in place for weeks to come.
Usually, when a CEO severely underperforms peers, he or she is fired or handed a gold watch and given a quick retirement party. In the Democratic Party, a rotten performance is a qualification for the presidency.
The U.S. economy is at last moving into the recovery stage from the coronavirus, at least in most states.
Battle lines are getting drawn up between the two parties on the next round of "stimulus" for the economy.
We've known for years that China lies and cheats and steals when it comes to international trade. Now we've learned that it also spread the deadly disease COVID-19.
America's domestic energy producers are under siege. The price of oil fell to below $5 a barrel on Monday, down from roughly $50 a barrel a year ago.
It would be natural to believe that nearly everyone on the planet is horrified by the death and economic destruction wrought from the COVID-19 pandemic.
There is nothing worse than the government bailing out private industries. I've spent a career opposing corporate welfare giveaways. When an industry gets in financial trouble because of its poor business practices, the owners, shareholders and executives should bear the cost -- not the taxpayers.
"Government help to business is just as disastrous as government persecution. ... The only way a government can be of service to national prosperity is by keeping its hands off." —Ayn Rand
