Tag Archives: GDP

Millenials Will Vote for Sanders: Not Understanding Economic Growth

A 25-year old voting this season was born in 1991. Most likely, he has no personal recollection of a prosperous America. The last time the US economy grew by more than 3% was 2005, when he was nine years old. … Continue reading

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The French Have It Better?

As I keep saying, facts matter. Facts matter more than ideological consistency if you want to know. That’s why I keep comparing us with the other society I know well, France. I am up to-date on it, a task facilitated … Continue reading

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Power and Happiness (President Obama in India)

There is widespread confusion around between two ideas that should be easy to separate from each other. I keep bumping into it. I had several lengthy discussions of it with strangers on Facebook. Some were of the left, some of … Continue reading

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Shipping Jobs Overseas: The Export of American Manufacturing Jobs and Lousy Education

Replayed October 27. Replayed Feb. 13th 2011. Replayed March 24th 2012. Replayed June 7th 2012 Note (3/25/2012): The “comparative  advantage ” argument is important to the discussion below. The concept of comparative advantage stumps many intelligent people including some of … Continue reading

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Chocolate for Thought

  There is a pervasive feeling among thinking people that this country is not just facing a severe economic crisis but that we are losing something exceptional. That something is American exceptionalism precisely. Lech Walesa, the blue-collar hero of Polish … Continue reading

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A Common Conservative Fallacy (Revised 7/24/10; revised again 4/9/12))

I believe folly serves liberals better than it serves conservatives. Our way is the rational way while liberals tend to rely on their gut-feelings and on their sensitive hearts which make them comparatively indifferent to hard facts. That’s why they … Continue reading

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