Personally, I’ll never understand the liberal doctrine to punish people for doing well, instead of applauding them and incentivizing them to pump that money back into the private sector, creating jobs and wealth down the food chain. Alas, it is not to be President Barack Obama plans to raise taxes on “the rich,” and he [...]
Deputy Leader Jim Currie told Cornwall councillors today that the administration submitted a plan for a Local Enterprise Partnership controlled by the private sector "because that is what the Government wanted us to do". As I blogged...Show More Summary
The private sector is not creating jobs. The GOP is blocking the government from doing more stimulus programs while the system seems to be unraveling.
No wonder the libs want to freeze the size of government where it’s at… Federal workers make twice as much as workers in the private sector. Do you know how long it will take for the private sector to catch up to these outrageous federal salaries? USA Today reported: At a time when workers’ pay [...]
HOW TO TELL A NATION IS AT RISK: “Which governments will not be able to pay their bills? The ones with private sectors that are not doing well enough to bail out the government. That should be one lesson of the near default this year of the Greek government. Government finances are [...]
The Senate is set to vote on a financial overhaul bill that would set up a quota system for women and minorities. It would impact every federal agency that deals with finances and every private financial company doing business with the government.
Tucked into the pages of the financial "reform" bill is a heaping helping of new hiring quotas (for women and minorities) that Democrats hope to impose on the private financial sector.Hey, how 'bout doing something to...
Under the Obama administration, the government is doing such a good job that it's decided to reward itself. Last year, Uncle Sam paid out $408 million in bonuses to 1.3 million federal workers, according to the Asbury...
Our liberal friends believe that the only way to govern is by detailed and penetrating supervision of the private sector. There's only one problem: What do you do when things go wrong?
"We are not asking the private sector to ease anything, what we do believe is people price based on foreseeable risk, and when you are in a market where home prices are progressively declining, 30 months of straight declines in homeShow More Summary
Those of you who have taken my advice to GET A GOVERNMENT JOB, the next thing you might want to do is start building barricades. This private sector/public sector conflict might get nasty. So at any rate says "Buttonwood," global-finance...Show More Summary
What qualifies someone for a cabinet position? For the last 100 years, somewhere between a third and a half of the cabinet members in any administration had private sector experience prior o serving in advisory capacity on economic issues. Show More Summary
An interesting detail from John Mauldin's latest economic note: The average federal worker makes $75,419 a year, while the average in the private sector is $39,751. Why is that, exactly? Is it because Federal workers are 80% betterShow More Summary
Flow of funds data out today. I won't have time to do a careful analysis for a few days, but a quick check shows that the Setser point - high government borrowing is more than offset by net negative borrowing from the private sector - remains true.
It is, of course, the goal of everyone involved to shift businesses with large government stakes back into the private sector quickly. The question is, how do we define "quickly," exactly. How about almost two decades? GMAC LLC, which is giving the U.S. Show More Summary
``government has no business making compensation decisions on behalf of the private sector, which is what Obama would do by subjecting so many companies to executive pay restrictions. The House bill doesn’t do this. By hitting only those companies that have received over $5 billion of bailout money, it dodges the private sector entirely. Show More Summary
The Philadelphia Inquirer is reporting legislators as saying they want to gauge the interest of the private sector in doing toll express lanes (TELs) for I-95 and the Schuylkill Expressway (I-76). The idea has been overshadowed by the...Show More Summary
Dick Cheney's former staffer, Mary Matalin, is in the private sector now. But, she's still doing the dirty work for the GOP. Paul Waldman from Media Matters did a masterful job last night on Larry King Live debunking Jerome Corsi. But, he also exposed the right wing machine behind Corsi's book -- starting with Mary Matalin. Show More Summary
I don't believe that conservatives or libertarians should feel that they have any ideological stake in the contracting out of government services. When the private sector is competent to do something that the federal government is now doing, then the government should simply get out of the field and let the private sector do it. Show More Summary