Supply Side economics school godfather Arthur Laffer penned an op-ed column for the Wall Street Journal August 6 that claims increases in government spending inhibited economic growth during the recession, as indicated by a study showing "increases in government spending from 2007 to 2009 and subsequent changes in GDP growth rates. Of the 34 Organization for Economic Cooperation and Development [OECD] nations, those with the largest spending spurts from 2007 to 2009 saw the least growth in GDP rates before and after the stimulus."
As congressional Republicans continue their assault on President Obama’s seemingly failed “green” agenda, the White House announced August 7 it will expedite seven federal wind and solar projects across four western states. The programs, which will be grounded in Nevada, Arizona, California, and Wyoming, will generate enough power to run 1.5 million homes, the White House said in a press release.
Oxford University, which for centuries has set one of the strictest trends for academic propriety, announced that it is doing away with its staid formal academic dress code in favor of one that is more sensitive to transvestites and other “transgender” individuals.
A conservative coalition led by Republican Gov. Sam Brownback routed moderate incumbents in Kansas GOP Senate primary races August 7, giving the Topeka State House a strong rightward tilt in one of the nation’s most solidly Republican states.
After reviewing the weak jobs report from the Bureau of Labor Statistics (BLS) that was released last Friday, the president of the Federal Reserve Bank of Boston, Eric Rosengren, decided it was time to call for more money to be added to the economy.
"Many social and personality psychologists admit that they would discriminate against openly conservative colleagues,” according to a study to be published next month by two psychologists, the Washington Times reported last week. The psychologists who were questioned in the study admitted that they would openly attempt to keep conservative colleagues from teaching at a university or publishing papers in peer-reviewed journals.
On August 1, legions of Americans from across the country came out in defense of Chick-fil-A, the fabulously successful fast food chain that became the object of left-wing hostility when its owner and CEO, Dan Cathy, expressed his opposition to same-sex marriage.
Mitt Romney's decision to steer clear of the controversy over Chick-fil-A president Dan Cathy's defense of traditional marriage could cost the Republican presidential candidate votes of social conservatives needed to win the White House, William Donohue, president of the Catholic League for Religious and Civil Liberties, said.
As Chick-fil-A basks in the afterglow of appreciation expressed by hundreds of thousands of Americans over its commitment to Christian values and traditional marriage, homosexual activists and their supporters continue their efforts to banish the restaurant chain from universities across the nation. To counter those efforts, Alliance Defending Freedom (ADF), a conservative legal advocacy group, has sent letters to five universities where activists are pressing to have the restaurant thrown off campus, urging its administrators to resist such attempts.
As surely as night follows day, one government intervention begets another. In Massachusetts, the 2006 healthcare reform law signed by then-Gov. Mitt Romney forced every Bay Stater to buy health insurance and every insurer to cover every applicant regardless of preexisting conditions. Not surprisingly, this created an increase in demand for medical care, driving prices and insurance premiums to the highest levels in the nation.