Category: The Economy

Budget Tightening in Pennsylvania—and Around the Nation
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Budget Tightening in Pennsylvania—and Around the Nation

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Pennsylvania’s new governor, Tom Corbett, has submitted his first annual budget to the state legislature. It includes proposals for spending cuts and no new taxes. In some ways, the budget is a model of what must be done nationwide. Gov. Corbett also claims that it cuts spending, but that depends on how the numbers are […]

A Tale of Two Union Disputes:
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A Tale of Two Union Disputes:

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 There are two high-profile labor disputes in the news these days. One involves Wisconsin’s public-school teachers; the other, the National Football League’s players. I mentioned this to a friend, who responded that the NFL dispute was more troublesome. The very idea of people making such high salaries possibly striking for more irked her. While I […]

The Debt-Ceiling Dance and the Annual Budget Ritual
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The Debt-Ceiling Dance and the Annual Budget Ritual

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Once again it’s time to talk about raising the statutory limit on the U.S. government’s debt—the so-called “debt ceiling.” Treasury Secretary Timothy Geithner has estimated that Uncle Sam will reach the debt ceiling before Tax Day, possibly even before the end of March. Even earlier, on March 4 to be precise, the current appropriations resolution […]

Wisconsin Unions vs. Governor Walker: A Battle for the Soul of America
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Wisconsin Unions vs. Governor Walker: A Battle for the Soul of America

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It is hard to overstate what is at stake in the dramatic showdown between Wisconsin’s teachers and their Republican governor and legislature. The political and economic course of our country hinges on how the issue of public-sector unions is resolved, in Wisconsin and elsewhere. For the sake of our country’s political and economic future, Gov. […]

CL6 - hbratton notxt
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Local Churches Hard Hit as Recession Spreads

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As the effects of the Great Recession continue to ripple outward, many churches are having a difficult time meeting their budgets. There has been an uptick in foreclosures of church properties across America, and this is in addition to the budgetary belt-tightening that congregations are performing in order to stay solvent. And as local governments […]

Let the Hustlers Hustle
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Let the Hustlers Hustle

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If necessity is the mother of invention, then there is nothing worse than quenching the entrepreneurial spirit of people seeking to improve their situation by imposing arbitrary third-party constraints. America’s unemployment problems linger because hustlers cannot hustle. For many, “hustling” connotes business activity that is shady, or even illegal. But in the black community it is […]

The Morality of the Growing Public Debt
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The Morality of the Growing Public Debt

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If we promote the family and the related idea of generosity with life, we have to be concerned with the ability of young couples to form and raise their families. In order to raise children, a family needs a degree of economic stability; and even more it needs a real non-inflationary economic growth that steadily […]

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