President Obama is trying, according to CNN, to “convince voters of a vigorous recovery that a majority still doubts.” Describing comments the president made on October 2 at Northwestern University’s Kellogg School of Management in Chicago, CNN calls his attempt, the “political problem inherent in having to describe an economic recovery that many Americans still aren’t feeling.”
The coverage points to polling data that shows the public still sees that the economy is “poor”—with 56 percent disapproving of how Obama has handled the economy.
Perhaps people are beginning to sense what a new documentary makes clear. We may not officially be in a recession, as some numbers have ticked slightly up, but people, as CNN pointed out, aren’t feeling it.
What are they feeling? Higher electricity rates at home, plant closures, and jobs being sent overseas, while few new jobs are being created at home.
On a recent radio interview, a caller told me that companies shouldn’t be allowed to move their...
What is far and away the most important global trade commodity? Food. People have to eat.
Before the world’s peoples can afford to purchase from us an iPhone, or a Ford pickup truck – they have to buy (hopefully our) food.
And governments are making sustenance so much more expensive.
Governments raise the prices of everything we try to buy. They do so indirectly – via hidden costs of government we can’t clearly see. Just here in the United States:
America’s Soaring Regulations Cost...
For those concerned about the U. S. government going in debt $1.5 billion every day, rejoice. Here is a chief example--EPA Administrator Gina McCarthy will be in Atlanta October 26 to address the National Congress of American Indians. (The News Announcement follows this article.) No doubt she will be giving out large amounts of 'wampum' to keep tribal support for EPA regulations that inhibit economic growth of the United States.
EPA gives out grant money (your tax...
There is a controversy over proposed new school textbooks in Texas—not over what is actually in the books but instead over scientific facts environmental lobbyists want the publishers to keep out of them. The activists want to censor the textbooks.
Texas is a huge market for textbook publishers, so publishers listen seriously to questions raised by the Texas Board of Education (TBOE). When TBOE adopts a textbook, much of the nation follows.
The TBOE is in the midst of adopting new social...