Unemployment is now higher in the U.S. than in Europe, reports the Washington Post. “The official U.S. unemployment rate, reported last Friday, now stands at 10.2 percent,” compared to “9.7 percent” in Europe. This is the highest rate in more than 26 years, and marks a huge change from the recent past, in which unemployment was double the American rate in much of Europe, such as in France.
Unemployment is at 10 percent in France, which refused to adopt a U.S.-style stimulus…
Germany is a lot smaller than the U.S., but it has a lot more health insurers to choose from, and cheaper health-care costs. One reason might be more competition: in the U.S., you can’t buy individual health insurance from an out-of-state insurer, since an obsolete federal law lets states block purchases across state lines, taking away interstate-shopping rights that citizens would otherwise enjoy under the the Constitution’s Interstate Commerce Clause. That leaves patients with fewer choices, higher prices, and less competition…
The recession has ended in France, which avoided adopting a massive stimulus package like Obama’s $800 billion stimulus package.
France’s conservative President adopted a much smaller $31 billion stimulus package, which, unlike Obama’s, was focused on productive investment, not welfare or social services. $14.5 billion of France’s stimulus package was earmarked for injection “into private sector enterprises.” Billions more were for investments in infrastructure, construction projects, and railways.
In the U.S., Obama pushed through a much more costly, welfare-filled $800 billion stimulus package…
Your hosts Richard Morrison and Cord Blomquist are joined by special guest co-host Jeremy Lott for a very swashbuckling Episode 38 of LibertyWeek. We start with the rescue of Capt. Richard Phillips from Somali pirates by the U.S. Navy and Special Forces, look into the murky finances of AIG CEO Edward Liddy in Scandal Watch, and figure out what ISPs are up to in Technology News. We also get an update on how West Virginia is about to become even more Wild and Wonderful, and finally we…
Not content with endangering the economy by pushing through $8 trillion in bailouts and welfare, Obama has now insulted the British, our only major ally in fighting the Afghanistan and Iraq Wars.
Obama did this by dissing both the late Winston Churchill, who led Europe’s fight against the Nazis, and the current British Prime Minister. Staffers then compounded the offense by deriding Britain as being no more important than any of the world’s 190 other countries. (That’s right. The country that invented parliamentary democracy and whose troops…
Oh, Happy Day! And it certainly is for all those who value freedom, responsibility and the true free market in which individuals are free to profit from their risks on the condition that they don’t stick the rest of us with their losses.
It’s not hyperbole to say the Republican and Democratic backbenchers who defied both parties’ leadership to defeat this $700 billion package of Wall Street socialism literally saved America. Whatever their reasons, this defeat (or rather victory for freedom),…
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