December 16, 2011 | 8 comments
December 15, 2011 | 3 comments
December 15, 2011 | 0 comments
December 14, 2011 | 39 comments
December 14, 2011 | 4 comments
In a speech yesterday, President Obama gave a nice nod to reality:
And we were guided by a simple idea: Government doesn’t have all the answers. Ultimately, government doesn’t create all the jobs. Government can’t guarantee growth by itself.
Needless to say, even this merest acknowledgement of the limits of the state, couched in a longer defense of indefensible government programs, has left certain liberals feeling a little betrayed. But the president is right.
So where do jobs come from, if not the government? Tim Kane has published a study (pdf) showing that the answer is, more or less, start-ups.
A relatively new dataset from the U.S. government called Business Dynamics Statistics (BDS) confirms that startups aren’t everything when it comes to job growth. They’re the only thing.
Kane offers this graphical evidence:
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?