Obama’s Gasoline Change Doesn’t Change Basic Economics
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Last month the Obama administration announced it would release 30 million barrels of oil, the largest ever, from the U.S. Strategic Petroleum Reserve. Only those without an understanding of basic economics would applaud such a move.

Cost of Living is Beginning to Rise
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Understanding how Cost-of-Living Adjustment (COLA) works uncovers some of the complex cause and effect between Social Security adjustments and the real cost of living with higher gasoline prices.

Government Regulations Don’t Make You Safer
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The United States has three sectors of the economy suffering under regulatory red tape: financial services, energy and now health care. I’m certain the financial services regulations have caused more harm than good.

Minimum Wage Hurts Starter Jobs
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Some first-time workers are not worth minimum wage. But without being hired, they can’t learn job-related skills.

Avoid the “Ring-of-Fire” Countries
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A few months ago Bill Gross, co-founder of PIMCO and the country’s most prominent bond expert, singled out those countries heaping significant deficits on their mountain of debt and called them “The Ring of Fire.” We recommend that you reduce your investments in these countries.

The Fragility of Freedom at 60%
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In 1977 economist Milton Friedman wrote an article “The Line We Dare Not Cross: The Fragility of Freedom at ‘60%.'” We are in danger of crossing that line.

ObamaCare Is the Worst Legislation in 75 Years
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Everyone in our risk pool will order filet mignon. First the costs will skyrocket. And then the meat will be rotten.

The TANSTAAFL Principle
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“There ain’t no such thing as a free lunch.” As early as 1938, this phrase was touted as “economics in nine words.”

Going John Galt
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If you’re not an economist, you may vastly underestimate the negative impact of taxes on the U.S. economy.

Radio: A Better Plan For Healthcare
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Public policy to increase choices for healthcare coverage.

The Case Against Centralized Health Care
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You may have to jail a few rebels for health insurance evasion.

A Compromise to Achieve Universal Coverage
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We need a safety net, not a hammock.

More Profitable Health Care Is the Solution
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Some doctors start the year $250,000 in debt.

Avoiding a Civil War over Health Care
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Half of the country are political Vikings who pay their taxes by raiding and pillaging the productive.

Cash For Clunkers: The Economy And The Environment Suffer
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A country can’t prosper destroying perfectly good used cars.

Government-Provided Economic Security Is an Illusion
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The various congressional bailouts have been touted as essential to the nation’s economic security. So long as the notion of economic security remains vague and abstract, it has wide support. But anyone who examines the details should realize this so-called security threatens our freedom and stability.

The Assault on Free Markets
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Free markets are under assault in America. We have seen much hyperbole and slander in these past two years of political polarization. But the idea of capitalism and free markets has received more negative campaigning and vicious attack than both candidates combined.

Part 2: Privatization Could Fix Social Security
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Privatization eliminates benefits for those who can do better with 5% of their payroll taxes than the government does with the entire 12.4%.

Part 1: Social Security Is Still Broken
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All this toil to maintain an average benefit of about $12,000 a year!

Our Financial Crisis: The Result of Centralized Planning
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Regulation and centralized planning have caused financial instability and failing institutions. If this is the root cause, then many of the proposed solutions will only make matters worse.

Inflation Part 3: Protecting Yourself Against Inflation
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You can hedge your assets against underreported inflation and protect your retirement goals.

Inflation Part 2: The Results of Underreporting Inflation
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Inflation at this rate causes serious harm to our nation’s economy and its citizens.

Inflation Part 1: How the Government Lies About Inflation
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Officially, inflation today is calculated about 4%. Unofficially, it is over 7%.

Tax Rebates Are a Losing Proposition Part 1
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Tax rebate stimulus checks are a cheap and inefficient gimmick.

Subprime Lending
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The subprime mortgage meltdown has cost the world 15% of its market capitalization, about $9 trillion. The primary culprit who caused all of this financial loss, pain and suffering is not the mortgage companies.

Tax Freedom Day 2008
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If the federal tax cuts expire, we will have to work an extra week for the government.

Eliminate the Capital Gains Tax
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The correct rate for the capital gains tax is zero, zip, nada. Perhaps it is even negative!

Tax Freedom Day Arrives on April 30, 2007
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Without taxes, you could leave work at 2:25pm.

Virginia Is For Business Lovers
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More businesses migrate across state borders than national borders.

Tax Freedom Day Arrives on April 26th, 2006
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Due to our progressive tax system, your taxes increase even if your buying power does not.

Taxes are NOT Funny
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“April is the month,” one wit noted, “when the green returns to the lawn, the trees and the Internal Revenue Service.”

Tax Freedom Day Arrives on April 17th, 2005
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Two hours and twenty minutes of every eight hour day go to pay taxes. Three minutes go toward personal savings.

You Too Can Become A Billionaire (2005)
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On your way to becoming a billionaire, the million markers become commonplace.

Why We Need to Fix the Social Security Program Now
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The argument that workers might make mistakes is strange in light of the gross errors made by the government itself.

The Alternatives to Privatizing Social Security Are Worse – Part 2
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It is a tragic irony that the goals of collectivism are best achieved by respecting individual liberties.

The Alternatives To Privatizing Social Security Are Worse – Part 1
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The incentives that produce wealth also produce inequity. Valuing equality above all else destroys the real wealth they are trying to redistribute.

Social Security Is Hopelessly Broken
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The wealth gap between blacks and whites widens each generation as a direct result of Social Security.

Why We Need to Fix the Social Security Program Now
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We are living too long and we don’t have as many children as we used to.

Letter to the Wall Street Journal 12/3/2004
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Our children and grandchildren deserve better!

The Growing Federal Deficit is Bush’s Fault
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In the corporate world, mismanagement can only be covered up so long. In time, those responsible are held accountable. Companies fold. Executives are taken away in handcuffs. Only in the federal government can poorly manage bad ideas and still plead they are underfunded.

Taxes Matter 5 – The Economics And Mindset Of The Rich
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Encourage the rich to be rich or else suffer the consequences of striving toward making us all equally destitute.

Taxes Matter 4 – Private Charity vs. Government Entitlement Programs
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Voting for government entitlement programs is like being generous with your neighbor’s credit card.

Op Ed: High Oil Prices are Good
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Let the free market work its magic. Markets are brilliant in their ability to determine the optimal value and use of limited resources.

Taxes Matter 3 – Taxes Reduce The Opportunities For Economy Efficiencies
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If a Democrat proposed a flat tax, they would take away the Republican’s major platform and be easily elected.

Taxes Matter 2 – The Democratic Party Has Changed
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We would be wiser and stronger to take the advice of Thomas Jefferson, the second Governor of Virginia who said, “A wise and frugal Government, shall not take from the mouth of labor the bread it has earned. This is the sum of good government.”

Taxes Matter 1 – The Laffer Curve
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Many people wish to prevent the rich from earning more money, even if that results in smaller tax revenues and a less productive economy.

Gas Prices Part 2: Remove Taxes and Price Controls on Gasoline
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At least 40% of the federal gasoline taxes are wasted on non-highway items of dubious general welfare. And 2.86 cents of the revenue is used to subsidize mass transit unused by all but a few large cities.
As an additional inequity, Virginia is a donor state. That means that Virginia, like most southern states, sends the government more in gasoline taxes than it receives in federal pork. We don’t even get to waste our own money! Most of the pork is sent to the Northeast and to states with more influential senators.

Gas Prices Part 1: High Gasoline Prices Are The Best Energy Policy
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If market forces drive up the price of gasoline, any efforts to reduce it aside from supply and demand punishes the exercise of economic freedom and personal responsibility. If you find the moral argument of freedom unconvincing, free markets can still win the pragmatic debate.

The High Cost of Medical Benefits
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Here is a rule for building stable economic systems: Who pays for a service and who is empowered to decide if a service should be given and who actually benefits from the service should all be the same person.

Social Security Can Be Saved
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We can have our benefits and lower taxes if we are willing to admit that socializing retirement benefits was a mistake and we return to trusting once again, the in power of free markets.

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