Liberals are incensed when it is suggested that “the rich” get any type of tax reduction even though the top 50% of wage earners pay 96% of all income taxes. Since they spend more money, the rich also pay a disproportionate amount in sales, property, entertainment, and excise taxes. Without

Politics can be tiring. I need a rest from it, but it can never be escaped. In reality, politics cannot do what most people believe it can do, and when politics tries to do the things that it was never designed to do, it makes things worse. If you want

Candi CdeBaca — who won a runoff election for a seat on Denver’s City Council describes herself as “a Democratic socialist.” She said, “Communism is when the government owns everything; socialism is when people have control of the distribution of ownership. People have more power.” She wants to implement socialism “by

Far-left U.S. Rep. Alexandria Ocasio-Cortez (D-NY) spoke to a group of adoring fans at the South by Southwest conference who know as much about economics as she does. The question of automation came up: “We should not feel nervous about the tollbooth collector not having to collect tolls. We should

Many people in America don’t understand how an economy works. Economics is not difficult to understand. It takes PhDs and other “experts” to confuse us. But these guys could not get away with their economic confusion if so many people didn’t want to fall for their false claims that if

The final result of economic equality makes everyone equally poor. What’s the best way to get wealth in the hands of people? There are several methods. The most popular (and destructive) is for the wealthy to be taxed so their “excess” wealth can be redistributed to the less fortunate. This works

I’ve seen a lot of articles that describe President Obama’s call for “a $175 billion tax cut for the middle class, faster and cheaper broadband internet, a week of paid sick leave, discounted mortgages paid for by raising taxes on the rich and inheritances” as Robin Hood economic policy. Politico

Psychology professor Dr. Blake Armstrong, who teaches at South Texas College in Weslaco, Texas, was caught on video comparing the Tea Party to the Nazis. You’ve got to love the new “everybody-is-a-journalist” era. To cover his tracks, Armstrong “told his students not to ‘tell anybody’ about his remarks — but

Who would win in a face off between The Walking Dead or the earlier Dawn of the Dead and Black Friday shoppers? Don’t forget the hilarious Shaun of the Dead (2004). They can teach us a great deal about economics and the efficiency of the market place, innovation, competition, more

Capitalism makes it possible for most Americans, even the poorest among us, to live like the kings of old. The kings of world empires could only dream about the staggering material advances brought about by capitalism. Actually, they couldn’t dream about it since they did not have the categories to

Terry Gilliam is a movie producer. He’s worth millions. CelebrityNetworth.com has him at about $40 million. He is dependent on people with money to make his living. The people he pays to help in the production of the films he produces make a lot of money. The actors who star

MSNBC’s “The Cycle,” co-host Krystal Ball (her real name) has a great idea on how to create some semblance of economic equality. “The basic concept is simple,” she said. “Every non-incarcerated adult citizen gets a monthly check from the government. Other safety net programs are jettisoned to pay for the

New York Congressman Charlie Rangel was asked by MSNBC anchor and openly homosexual Thomas Roberts what he thought about the next Pope and the direction of the Catholic Church. Here was Rangel’s response: “I hope they stick by their guns on same-sex marriage and telling a woman what she should

What is the first principle of economics? Some economists will claim that it’s supply and demand, while others insist that it’s scarcity or the division of labor. The first principle of economics is “thou shalt not steal.” Economics is ethical before it is practical. Almost all modern definitions of economics,

Thom Hartmann is the host of the nationally-syndicated radio show The Thom Hartmann Program. He is a liberal with a background in business. It’s important to note that he’s made a lot of money in his life, so much in fact that he has been able to retire at an

We all remember the horrible ordeal of 33 mindrs in Chile who narrowly escaped disaster when their mine collapsed last fall. As we all knew, a movie is in the works. There is a lesson here for the critics of capitalism. Of course, leftists will argue that there wouldn’t have

The Occupy Wall Street (OWS) crowd that President Obama is supporting without reservation is a diverse and scary group of malcontents. We’ve learned that Nazi and Communist groups have embraced the movement, but for different reasons. “The Nazis equate capitalism, which the demonstrators are opposed to, to their hallucinations of

“The Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —    Ronald Reagan Jeff Foxworthy became famous and made a fortune with Red Neck jokes and comedy