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What GOP pledge means to small business

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Republicans in Congress announced “A Pledge to America” on Sept. 23 in an effort to unify around a set of ideas heading into the November elections. But what does this pledge mean for small businesses and their employees, for entrepreneurship, and for the investors who supply businesses with the capital needed to start up, build,… Continue Reading What GOP pledge means to small business

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Keating fails to make honest comparisons

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Raymond Keating’s Sept. 24 column, headlined “U.S. needs less government to thrive,” showed he’s not much of a myth-buster. His first myth: Government spending will boost — or “stimulate” — the economy. He destroys this with the hard evidence of opinion polls. By his fallacious logic, government spending doesn’t work because a July 2010 Rasmussen… Continue Reading Keating fails to make honest comparisons

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Policymakers prolonging recession

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During the 1980 presidential campaign, Ronald Reagan said, “Recession is when your neighbor loses his job. Depression is when you lose yours.” Continue Reading Policymakers prolonging recession

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U.S. needs less government to thrive

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Two fundamental myths about government desperately need to be debunked for the well-being of the U.S. economy in the near term and over the long haul. Myth #1: Government spending will boost — or “stimulate” — the economy. This mistaken idea has been floating around political circles for at least eight decades. At the start… Continue Reading U.S. needs less government to thrive

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Baseball is America’s national pastime. There’s nothing like catching a game at the ballpark. But when it comes to sports on television, the U.S. is all about football. And the NFL season kicks off Sept. 9 on NBC, with a rematch of last season’s NFC Championship game between the Minnesota Vikings and the eventual Super… Continue Reading Business lessons from the NFL: Favre, Tebow and the Steelers

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People generally are pretty darn cranky these days. It doesn’t matter if you look at surveys of consumers, investors, small business owners, or voters. Crankiness appears widespread. And who can blame them? The economy struggles to emerge from one of the longest and deepest recessions since the Great Depression, and job creation is nonexistent. Let’s… Continue Reading Cranky views among consumers, investors, entrepreneurs and voters

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Small business buried in paperwork

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Why do all the pro-small-business speeches offered by politicians make life so difficult for the entrepreneurs who innovate, spur economic growth, and create jobs? In late July, President Obama held a photo op at a small business in New Jersey. “Small businesses create two out of every three jobs in this country,” he said. “So… Continue Reading Small business buried in paperwork

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President Obama’s ‘tinkle on economics’

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Well, I’ve unlocked the secret of President Obama’s agenda for the economy. It certainly was not easy. But it finally came to me as the President signed the financial regulatory bill in July. Apparently, the President of the United States, his top advisers, along with the current leadership in Congress, believe that best way to… Continue Reading President Obama’s ‘tinkle on economics’

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When it comes to the New York Yankees, you either love ‘em or hate ‘em. That’s been the case for almost 90 years now, since the Yanks became a powerhouse in the 1920s. But over the past 37 years, the same could be said for the team’s owner, George Steinbrenner. In fact, over those decades,… Continue Reading George Steinbrenner: Not quite the capitalist

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President Obama is no fan of fossil fuels. Instead, he likes wind and solar. Unfortunately, energy via winds and the sun is unreliable and extremely costly. Part of the big costs come from government handouts. In his radio and online address on July 3, the president dressed up taxpayer subsidies as plusses for the economy.… Continue Reading Obama using lofty logic for wind, solar energy

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