America has never suffered through a fiscal crisis. So long as our politicians keep their heads tucked away under their armpits, refusing to realize that it will happen here too, they will go into that crisis totally unprepared. If at least they decided to learn from such crises elsewhere, we would be better prepared when the day comes.
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Monday, June 24, 2019
Friday, June 21, 2019
Wednesday, June 19, 2019
Good news! My new book
Faith and Freedom: The Moral Case for America
will soon be available!
Of all my books to date, this is by far the most important one. It is my take on what is unique and special about America. It is my personal take on why our country matters, why there is no other place like The United States of America, and why immigrants like me are drawn here.
As the title says - Faith and Freedom: The Moral Case for America - this book makes the argument that America is better. I look at how Christianity inspired the Founders as they formulated the Constitution. I compare us to other countries and point to how we stand out as an example of faith, freedom and prosperity.
I look at how Christian faith intersects with the values embedded in our Constitution, how our Founding Fathers were clearly inspired by God when they created our constitutional republic. I discuss how God's word about freedom and personal responsibility are mirrored in our founding documents, and how we can, and must, preserve, protect and perpetuate that unique value foundation.
I refer to the blend between Christianity and our Constitution as American Liberty.
But this would not be my book if it did not also talk about policies and ideologies that threaten the very essence of our country. I explain how I see those threats, how radical social-justice policies are incompatible with, antithetical to, the founding values of our country. I examine the fight between social justice and American liberty and how it plays out in the struggle over property rights, economic redistribution and government spending.
I explain how the fight to preserve Christian values and our Constitution - American Liberty - runs through policy issues, from judicial activism like the Kelo case to Congressional over-reach like single-payer health care and new entitlements like paid family leave.
But I do not stop there. I also give examples of how we can reform our country to restore American Liberty. I look at how Christian faith and the moral principles embedded in our Constitution can inform policy reforms and inspire a new era of Faith and Freedom.
The book will soon be available for you to order. Stay tuned!
Tuesday, June 18, 2019
In an economy that has the highest growth in 20 years and the lowest unemployment in 40, there should not be a government deficit at all. In particular, there should not be a deficit equal to more than one quarter of every dollar government spends. Yet that is the case in America today. Why? The answer is not as simple as we might think. And yet, somehow it is...
Monday, June 17, 2019
It is time for America's conservatives and libertarians to realize the real nature of the threat from the left. Using the welfare state, they can destroy what is left of the American constitutional republic. Yes, the welfare state. And it can happen fast, once there is a socialist in the White House.
Friday, June 14, 2019
Monday, June 10, 2019
There is no doubt that work-based income in America has been stagnant recently. There is also no doubt that this has hit middle-class families more than those with higher earnings. That said, traditional welfare-state redistribution is exactly the wrong remedy; the good news is that there is a way for Congress to do something for middle-class families without going on another egalitarian spending spree.
Wednesday, June 5, 2019
Tuesday, June 4, 2019
Monday, June 3, 2019
Proponents of Mad Money Trashing, MMT, can often sound informed, educated and analytical. They can even make it sound like MMT is the magic wand that can finally make socialism work. In reality, their entire "theory" is like that old Trojan horse: looks impressive, but hidden inside is the same ugly old socialism that has been wreaking havoc across the globe for a hundred years.
Sunday, June 2, 2019
Socialists are immune to arguments about moral principles and human suffering. They are so deeply convinced that their ideology is better for us all, that they will ignore every piece of reality we throw at them. What does work, though, is to dissect their theory before their very eyes. To school them, plainly, using their own textbook.
Saturday, June 1, 2019
If you want to make the case for a big, new entitlement and the enormous taxes that would be needed to pay for it, then at least make sure you do your homework. It should not be this easy to pick apart the "analysis" produced by a Syracuse professor in defense of universal basic income.
Since 2016, only two states have raised their corporate income taxes. If the legislative leadership in Wyoming get what they want, they wil...
For the first time in forever the Swedish Nobel Memorial Prize Committee in Economics actually got it right. This year's prize is a str...
Consumer spending suggests the economy is not in too much trouble. But we also have to keep in mind how closely consumer outlays are relate...