Archives for March, 2009

The intellectual wellspring of so-called stimulus bills is the theories of John Maynard Keynes. Words like “pump-priming,” “stimulus,” and “expansionist” all relate to Keynes. In short, Keynesians believe that the normal business cycle can be managed by loose monetary policies and deficit spending during a recession. Likewise, restricting money and cutting government spending during a [...]

Since the posting of Stop Talking Down Business, Mr. President, part 1, Pres. Obama has announced his tepid opposition to the punitive AIG bonus tax bill working its way through Congress. The bill would tax bonuses paid by bailout recipients at up to 90%. Thank you, Mr. President, you made the right call here. Furthermore, [...]

The other thing that I would like to suggest to the whole business community — I know that there are some businesses that, themselves, are faced with troubles and can’t do this, but if a lot of businesses would take a look and see if they could hire just one person, it’d be interesting to [...]

The Colorado legislature killed a bill this week that would have allowed grocery stores to sell full strength beer. This is surprising, coming on the heels of a popular new law to allow liquor stores to open on Sundays. The ill informed rail against these Blue Laws on the grounds the laws enforce morality. However, [...]

The Federal Government has corporations on the ropes, and Obama is demanding change. Despite his young, hip persona, Obama has come out swinging against corporate junkets to the Super Bowl and Vegas. This from a man whose private jet is a Boeing 747. This from a man who signed the most wasteful spending bill ever. [...]