The great American work ethic has not been lost, but it has been eroded by years of dumb government policies that Mr. Trump and Congress can correct.
For all the obsession in Washington and in college faculty lounges over income inequality, why isn't there more outrage over government policies that exacerbate the problem? There are hundreds of programs that make the poor poorer and increase poverty in America.
Blue staters tend to send liberal politicians to office, who then vote for bigger federal spending - even though a greater share of the money goes to the red states.
A lifetime single worker really gets a horrid deal from Social Security. The return on average is less than 0.5 percent. These workers would be nearly better off stuffing their payroll tax dollars under a mattress.
If the Fed is omniscient, why didn't they pull back on the excess money supply that inflated the massive housing bubble that popped so disastrously back in 2008?
Yes, sunny Nevada is an ideal state for solar power. As it gets cheaper, the state should use solar whenever it makes financial sense. But politicians shouldn't force you to buy it regardless of cost. It doesn't make sense to insert into the state constitution a requirement on energy use that locks Nevada into 50 percent wind and solar.
Coal is tied to steel jobs, trucking jobs, and manufacturing jobs.
There's a very practical reason why Pete Sampras, for example, makes a lot more money than Martina Hingis does. He's much, much better than she is.
Whereas Jimmy Carter had aggressively pursued anti-merger activity - the imbecilic case against AT&T was prosecuted under President Carter - Mr. Reagan understood the virtue of allowing companies to exploit the synergies of mergers to gain efficiency and lower costs.
The historical evidence shows that shareholders usually greatly benefit from mergers.
The elimination of deductibility of state and local taxes will also encourage more privatization of municipal services.
Occupational licensing laws - in trades like moving companies, realtors, hair dressers, limousine services, beauticians, physical therapy, and on and on - stunt small business start ups, destroy jobs, and raise prices for lower-income consumers.
Sometimes it seems President Obama lives in a parallel universe where facts are floating around to be plucked out of suspended animation. Never more so than on the effects of the Affordable Care Act.
Question: Why does anyone bother to listen to economists anymore? The profession has become an embarrassment, and the most respected economists have shown themselves to have as much predictive power as a deck of tarot cards.
Tariffs have almost never saved a domestic industry from decline and, often times, by sheltering domestic producers from competition, only reward and prolong bad business practices.
In almost every case, whenever a tariff or quota is imposed on imports, that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing.
Obamacare does not allow patients to buy insurance across state lines, which would dramatically increase competition and lower costs. It does not allow small business-associated health plans. It limits low-cost health savings accounts options.
The original purpose of the welfare state was to lift people into self-sufficiency, not to create a permanent underclass dependent on taxpayers.
Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes.
Why would you want to shut down a nuclear plant, which requires at most about 1 square mile of land, to replace that power source with windmills, which would require 300 square miles of land to be paved over?