In the coming months, the Department of Health and Human Services will be ironing out the details of the CLASS Act and submitting information to employers in preparation for enrolling their employees into the voluntary program in 2012.
Imagine that you and your family find yourselves in a potentially deadly situation in which an armed thug has entered your home in the middle of the night with the intent to rob your home and to physically harm, even kill, your loved ones. In a perfect world, you would defend your family by exercising your God-given (and constitutionally-recognized) right to self-defense by brandishing a firearm to scare off the criminal or, if necessary, to fire upon him to neutralize the threat that he poses, exerting the same deadly force he had intended to use upon you.
For weeks now politicians in New York have debated ad nauseum Assemblyman Sheldon Silver’s proposal to increase the minimum wage in New York State by $1.25. The argument — whether to maintain the status quo or strive for $8.50 per hour — is wasteful political rhetoric in itself, for the determination of the wage scale is best left to the free markets.
As an industrialist, I’ve taken an interest in President Barack Obama’s insourcing kick which has occurred over the past few weeks, highlighted by his weekly radio and Internet address on January 14 and a speech delivered in the East Room of the White House a few days earlier (I’m certain that he’ll talk about it during this week’s State of the Union Address, too). By "insourcing," the President refers to a reversal of the outsourcing trend by American manufacturers. Some of them, though few in number, are bringing jobs back to the United States.
On December 22 President Barack Obama released the following message through the White House’s Twitter account: "Thanks to all who shared #40dollars [sic] stories. Today's victory is yours. Keep making your voices heard — it makes all the difference. — bo"
Although rarely looked at as such by the typical person, labor is an economic transaction. It’s a simple trade — one where the worker willingly gives to his employer, in exchange for monetary and benefit compensation, the use of his physical and mental services. As with any free market economic activity, either party can prevent ongoing transactions, whether such termination is based on dissatisfaction with what the exchange garners or on the influence of supply and demand in the micro- and macro-markets.
Of all of the myriad agencies created and maintained by the Executive Branch, few have proven to be as detrimental to the United States as the Environmental Protection Agency. Since its birth under President Nixon’s executive order in 1970, the mission of the EPA has been to protect human health and the environment. The mission has been mutilated since the start, as the environment (or at least what we are led to believe is the environment) has taken so much precedent that the human health aspect — whether it is the physical, mental, social or economic sort — has been deemed worthless in comparison.
The federal government just can’t stay out of agriculture. From subsidy programs that decide winners and losers in the markets by favoring corporate farms over family farms to ethanol rules that sacrifice food for fuel to laws that give undue influence and power to a select few pesticide and seed producers, Washington has maintained a stranglehold over farming that has forever altered the industry’s competitive landscape and doomed consumers to pay ever-higher prices at the grocery store.
Last week saw the observance of the quintessential American holiday — our Independence Day. From coast to coast Americans celebrated with their usual vigor the greatness that is the United States. Sadly, much of that patriotism was not based on true Americanism. Instead, for a majority of our citizens, the vision of what America has been, is, and will be is but a mutation of what our nation is supposed to be about.
Amtrak trains make passes by my office a few times day as they travel to and from Niagara Falls and points north, including Toronto. Despite the fact that the Falls is one of the most popular tourism destinations on the planet and the rail system stretches across an international border to a region ripe with economic activity, it’s very rare that I see anyone in the passenger cars. It’s patently obvious that public transportation via rail is unpopular, if not useless, in the United States.