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By Steve Erbach on Monday, February 22, 2010 7:33 AM

How much power does the Tea Party effort wield?

(published 22-Feb-2009, Appleton Post-Crescent online edition)

It reminds me of the Reform Party USA – sometimes confused with the competing American Reform Party – that formed in the wake of the Presidential candidacy of Ross Perot. Jesse Ventura ran on the Reform Party ticket and became governor of MN. The Wikipedia entry for the Reform Party contains this telling sentence: "Since [Ventura's victory], the party has been fraught with infighting." Even though I am sympathetic to the Tea Party movement (I attended the first one in Appleton on April 15th last year) it seems to me that unless it is led and unified by well-known people it will suffer the same fate as the Reform Party. Notwithstanding the fact that Sarah Palin was the keynote speaker, the quarrels at the Nati ... Read More »

By Steve Erbach on Thursday, February 11, 2010 12:57 PM

What's the best thing we can do to grow jobs?

(published 15-Feb-2010, Appleton Post-Crescent)

The self-help book by James Newman provides a clue: "Release Your Brakes!"  With respect to growing jobs the "brakes" are: government regulation, high taxes, and anti-business legislation.  It's trivial to suggest that we reduce or eliminate them; how easy it is to accomplish is another matter.  I'll bet some Reader Reaction Forum posts echo economist Paul Krugman's declaration that Washington should spend more stimulus money than it already has to "create" jobs.  There's a pertinent scene in "Live Free or Die Hard".  The country's infrastructure is imploding because of hacker infiltration.  Justin Long knows the score but Bruce Willis can't ... Read More »

By Steve Erbach on Monday, February 01, 2010 8:45 PM

...since Nobel Laureate, Paul Krugman, said this in a bizarre column in the New York Times on September 14th, 2001:

It seems almost in bad taste to talk about dollars and cents after an act of mass murder. Nonetheless, we must ask about the economic aftershocks from Tuesday's horror.

These aftershocks need not be major. Ghastly as it may seem to say this, the terror attack -- like the original day of infamy, which brought an end to the Great Depression -- could even do some economic good.

Apparently, Mr. Krugman never heard of the "broken window" fallacy in economics, first refuted by Frederic Bastiat in the 1850's.

Read More »


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