Capitalism – The Good and Bad Capitalism, an economic system in which private owners rather than the state control a country’s trade and industry, has been the principal driver of American economic growth. It’s brought the benefits of a higher standard of living to most levels of society in the United States and throughout the… More
A Clear and Present Danger
Origin of the Phrase You might think the phrase, “A Clear and Present Danger” is only a movie title. But it’s not. Supreme Court Justice Oliver Wendel Holmes, Jr. coined the phrase in a famous opinion on freedom of speech. It defines an exception to First Amendment rights. He concluded that no one has a… More
Capitalism, Greed and Taxes
Capitalism’s Increasing Failure We live in a capitalist system that has produced great wealth for the country. But a large and growing percentage of our citizens no longer share in its bounty. The rising tide no longer lifts all boats. No, I’m not suggesting we dismantle the capitalist system, but we also can’t allow ourselves… More
The Sugar High from the 2017 Tax Cut Bill
The Sugar High in Children Few would deny the relatively immediate satisfaction of finishing a piece of sugar-laden cheesecake or dish of chocolate ice cream. But many parents share the common belief that providing too much sugar causes their children to become hyperactive. Yet numerous studies have demonstrated there is no scientific basis for that… More
Truth, Facts and Life — Casualties of Vitriolic Partisanship
Vitriolic Partisanship Donald Trump declared his candidacy for president in 2015 with vitriolic partisanship. Since then, the words truth and fact have taken on new meaning. Truth once meant that which is true or in accordance with fact or reality. Fact once meant something that actually exists; reality; truth. The words were virtually interchangeable, but… More
CORPORATE INCOME TAX CUTS – ANOTHER FANTASY
Corporate Tax Rates in The United States Proponents of corporate income tax cuts claim that corporate income tax rates in the United States are the highest in the world and are a major reason companies make new investments in other countries with lower rates. Lower the rates in the U.S., they continue, and the economy… More