Reaganomics Vs. Obamanomics: Facts And Figures

In February 2009 I wrote an article for The Wall Street Journal entitled “Reaganomics v Obamanomics,” which argued that the emerging outlines of President Obama’s economic policies were following in close detail exactly the opposite of President Reagan’s economic policies. As a result, I predicted that Obamanomics would have the opposite results of Reaganomics. That prediction seems to be on track.

“Atlas Shrugged”-The Movie

Atlas Shrugged is a novel that has generated inspiration and controversy since its publication in 1957.Its theme is the role of individual achievement in society and its goal is to demonstrate what can happen when individual achievement is undervalued, suppressed and demonized. Complex characters embody heroism and evil, in a plot that combines drama, mystery, romance, and science fiction – the result is ultimately inspirational, not apocalyptic.

U.S. Constitution

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

Corporate Welfare

In America today, the biggest recipients of handouts are not poor people. They’re corporations.

General Electric CEO Jeffrey R. Immelt is super-close to President Obama. The president named Immelt chairman of his Council on Jobs and Competitiveness. Before that, Immelt was on Obama’s Economic Recovery Advisory Board. He’s a regular companion when Obama travels abroad to hawk American exports. (Why does business need government to do that?)

Obama Adminstration Is Following the ‘Detroit Pattern’

Random thoughts on the passing scene:

They say that records are made to be broken. President George W. Bush set a record by adding $3.2 trillion to the national debt over the course of his eight years in office. But Barack Obama has already beaten that record with $4.4 trillion in just his first three years in office.

People who thoughtlessly give money to panhandlers on the street seem not to realize that this is making installment payments on the degeneration of America.

Americans For Tax Reform (ATR)

We believe in a system in which taxes are simpler, flatter, more visible, and lower than they are today. The government’s power to control one’s life derives from its power to tax. We believe that power should be minimized.

ATR was founded in 1985 by Grover Norquist at the request of President Reagan.

It’s Déjà Doom All Over Again: ‘The Fate of the Earth’ and Global Warming Hysteria

Not so long ago, writers, editors, concerned world citizens and deep thinkers of all kinds were consumed with the idea of a coming global catastrophe that seemed implacable and virtually unavoidable. When it comes to covering today’s debates on global warming, we might want to take a step back and recall this earlier, somewhat chillier 1980s obsession with the fate of the earth – that is, of course, The Fate of the Earth, the title of a three-part series by Jonathan Schell first published in The New Yorker, then republished as a popular book by Alfred A. Knopf in 1982.