Home
/
RELIGION & LIBERTY ONLINE
/
Samuel Gregg: An Alternate Reality State of the Union Address
Samuel Gregg: An Alternate Reality State of the Union Address
Sep 19, 2024 8:54 PM

On National Review Online, Acton Research Director Samuel Gregg reflects on President Obama’s State of the Union address last night, and flags the “reality-denial” that is expressed by “a few token references to free enterprise and rewarding individual initiative (to reassure us we’re still living in America instead of just another declining European social democracy).” More:

Judging from the president’s remarks, you’d never guess we just had a negative quarter of economic growth; or that the unemployment rate just ticked up again; or that millions of Americans have simply given up looking for work; or that Obamacare is (as predicted) already driving up the health-care costs that the president claimed are falling (just ask those businesses busy shifting thousands of employees into part-time positions in order to cap their exploding health-care costs); or that . . . again, I fear I am belaboring the point.

What’s the plan from the White House?

… we hear the president tell us, yet again, that we need to pump more money into universities and colleges. Never mind the higher-education bubble, which is going to implode sooner than most people think. We’re also told that we need to develop high-speed rail. One wonders if anyone has asked people in the People’s Republic of California how that’s working out. Then there is the apparently endless promise of green energy, which, despite the billions of taxpayer dollars poured into it, hasn’t actually created that many jobs at all. In addition to all this, we are now informed we must raise the minimum wage. Never mind all the evidence underscoring just how much damage minimum-wage laws do to the job prospects of the poor and many young people, not to mention newly arrived immigrants who just want a chance to start working.

Read “Rhetoric versus Reality” by Samuel Gregg on NRO.

And pick up a copy of Gregg’s new book ing Europe: Economic Decline, Culture, and How America Can Avoid a European Future here.

Thanks to RealClearPolicy for linking.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Vouchers: the progressive policy loved by the right and hated by the left
Growing up, I attended a private, Christian school until 4th grade, when my mother couldn’t afford it any more and my brothers and I switched to a blue collar, suburban public school. Academically, I experienced a clear difference. The worst contrast was in math, where I learned basically nothing for three years. The only subject that was probably better at the public school was science, but I’m not even certain about that. Class sizes were larger too. None of this...
Who pays the tax?
Note: This is the eleventhpost in a weekly video series on basic microeconomics. Who bears the burden of a tax, the buyer or the seller? Or what about the health insurance mandate in Obamacare—does the employer or the worker pay the tax? In this video, Marginal Revolution University examines these questions and explains why the more elastic side of the market tends to pay a smaller share of a tax. (If you find the pace of the videos too slow,...
Financial deregulation expands opportunity
The Dodd-Frank Act became law in 2010, adding more regulation to a banking industry that was already heavily regulated. The main purpose of this 2,300 page act was to give consumers protection against big profit seeking banks but the unintended consequences prove to be much greater. The regulation was supposed to help the little guy but as Acton Director of Research Samuel Gregg writes at The Stream, it actually hurts the little guy. President-elect Donald Trump claims that he wants...
Defending fundamental rights
Life, liberty, and the pursuit of happiness are fundamental rights “asserted in the face of oppression and paid for in blood,” argues Declan Ganley. They “have been the cornerstone not only of American democracy but of western civilization.” In a new article for Prospect Magazine, the chairman & CEO of Rivada Networks says that the West “needs to defend [these] shared values.” He argues that these fundamental rights are now under attack: We live in an age where universal values...
5 Facts about Fidel Castro (1926–2016)
Fidel Castro, the former dictator of Cuba, died this past weekend at the age of 90. Here are five facts you should know about the long-ruling Marxist despot. 1. Castro was baptized a Catholic at the age of 8 and attended several Jesuit-run boarding schools. After graduation in the mid-1940s Castrobegan studying law at the Havana University, where he became politically active in socialist and nationalist causes, in particular opposition to U.S. involvement in the Caribbean. By the end of...
Are Christians stuck with 3 approaches to cultural engagement?
How are we to be in the world but not of it? How are Christians to live and engage, create and exchange, cultivate and steward our gifts and relationships and resources here on earth? Beyond getting a “free ticket to heaven,” what is our salvation actually for? These questions are at the center of Acton’s film series, For the Life of the World: Letters to the Exiles, whichbeginswith a critique of mon approaches to Christian cultural engagement: fortification (“hide! hunker...
5 Facts about Black Friday
Today is the unofficial first day of the holiday shopping season. Here are five facts you should know about “Black Friday.” 1. The term “Black Friday” was coined by the Philadelphia Police Department’s traffic squad in the 1950s. According to Philadelphia newspaper reporter Joseph P. Barrett, “It was the day that Santa Claus took his chair in the department stores and every kid in the city wanted to see him. It was the first day of the Christmas shopping season.”...
Samuel Gregg: Economic nationalism will not make America great
In a new article at The Stream, Acton Director of Research Samuel Gregg offersgood reasons why a move toward economic nationalism is not in the best interest of America. He starts with this: Whatever the motivations for such policies, their costs vastly outweigh their benefits. In the first place, protectionism discourages American businesses and workers from focusing on producing those goods and services where they enjoy parative advantage vis-à-vis other nations. Not only does this undermine productivity, efficiency, and petitiveness...
Are there economic implications in the Creation story?
“In our search for economic principles in the Bible, we need to begin with the story of Creation found in the first two chapters of Genesis,” says Hugh Whelchel. “Here we see God’s normative intentions for life. We see life as ‘the way it ought to be.’ Man is free from sin, living out his high calling as God’s vice regent in a creation that is ‘very good.’” Whelchel lists three major economic principles laid out in Creation, the first...
Kyriarchy and Kuyper
Courtesy Adrian Vermeule at Mirror of Justice, I ran across a word new to me: Kyriarchy. Given the context and my admittedly limited Greek-language skills, I was able to work out the gist of the idea. As Vermeule puts it, “On November 20, the Feast of Christ the King, a coronation ceremony took place at the Church of Divine Mercy in Krakow. The President of Poland and the Catholic Bishops officially crowned Jesus Christ the King of Poland.” Vermeule goes...
Related Classification
Copyright 2023-2024 - www.mreligion.com All Rights Reserved