Governor Nixon allows Missouri to fall behind in business development

New York is actively advertising for businesses to move to, or start-up in their state. Offering tax incentives and other help, New York plans to expand their economic base. Meanwhile, Jay Nixon defeated tax and other incentives for Missouri business. Not only New York, but Texas Governor Rick Perry was here openly soliciting companies. Kansas is

Should minimum wages increase for fast food workers?

Milton Friedman has the answer:

Study shows Democrat policies caused current economic crisis

From Investors.com Democrats and the media insist the Community Reinvestment Act, the  anti-redlining law beefed up by President Clinton, had nothing to do with the  subprime mortgage crisis and recession. But a new study by the respected National Bureau of Economic Research finds,  “Yes, it did. We find that adherence to that act led to

People are not getting the message: Government involvement always hurts health care serivices

Progressives say that Republicans want to leave people out in the street to die if they cannot afford “health insurance.” Or, “we” are paying for the uninsured already so Obamacare will reduce overall health care expense. Lets remember that St. Louis used to have many free hospitals. We still have several charitable childrens hospitals. I

Abuse of our health care system revisited

With religious institutions becoming aware of the dangers of Obamacare, here are some thoughts on this issue: The purpose of insurance is to indemnify the insured (you) against an unexpected loss. You cannot set your home or business on fire in an effort to collect the cash. You cannot run your car into a quarry

Higher capital gains will crush new businesses

You have invented a better mousetrap and now you have a group of people willing to invest in your startup business. The first thing they are going to do is calculate how much it will cost to sell their current investments for the cash to invest in yours.  A 15% tax rate on capital gains

US Budget Simplified

Post Dispatch to file for bankrupcy

From the horses mouth: Lee Enterprises Inc., the Davenport, Iowa-based publisher of the St. Louis Post-Dispatch, said it plans to file for Chapter 11 bankruptcy on or about Dec. 12 to refinance its $1 billion debt. Lee (NYSE: LEE), led by Chairman and CEO Mary Junck, said that as part of the “pre-packaged bankruptcy,” the

2009 Stimulus Package Hurt Economy According to CBO

On Tuesday, the Congressional Budget Office announced that President Obama’s 2009 stimulus package may have hurt the economy. Stating that, while the Recovery Act sustained jobs, in the long run it “crowded out” private investment. According to CBO records, the 825 billion dollar program sustained 700,000 jobs for a short period of time. That works out to

Tax the rich and balance the budget!