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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Sept. 9, 2011 / 10 Elul, 5771

Reaganomics trounces Obamanomics

By Deroy Murdock




http://www.JewishWorldReview.com | President Zero.

The brand-new nickname for Barack Obama symbolizes America's total net jobs created in August: Zippo.

So, how many jobs emerged in August 1983, the analogous point in Ronald Wilson Reagan's presidency? 280,000. Proportional to today's population, that equals 367,360 new hires.

Citizens pondering Obama's jobs speech Thursday night, and how to get America working, again should focus on today's great experiment. Ronald Reagan's supply-side mixture of tax cuts, deregulation, and sound money competes directly against Obama's big-government blend of Keynesian stimuli, rampant red tape, and promiscuous printing of money -- as if dollars were wallpaper. The late Reagan trounces the leisurely Obama.

Reagan's Economic Recovery Tax Act of 1981 slashed the top federal income tax from 70 percent to 50 and sliced business levies. Today, it would cost $1.86 trillion. (For consistency, I converted all of the following historical numbers into 2011 dollars. Nominal figures appear in an analysis linked to this column at nationalreview.com.) Meanwhile, Obama's "stimulus," formally called the American Recovery and Reinvestment Act of 2009, cost $829 billion.

Reagan deregulated America's economy, as demonstrated by the relatively low 30,522 pages of rules added to the Federal Register in 1981 and 1982. Reagan continued President Carter's loosening of restrictions on airlines, trucking, and other industries. The 45,696 pages that swelled the Register in 2009 and 2010 reflect ObamaCare, Dodd-Frank, EPA guidelines, pro-union favors, and other regulations -- atop Sarbanes-Oxley, farm programs, lighting standards, and other hurdles that Bush-Rove erected.

Confirming Reagan's commitment to reliable currency and monetary restraint, gold's price fell 33 percent -- from $1,396.79 per ounce during Reagan's January 20, 1981 inauguration to $937.37 on September 7, 1983. By converting the Bureau of Engraving and Printing into a veritable currency copy shop, Obama helped gold climb 201 percent through Wednesday, from $898.53 to $1,810.

Reagan accelerated Carter's deregulation of oil prices and encouraged domestic production, as underscored by gasoline's 6.75 percent fall from $3.11 per gallon on Inauguration Day to $2.90 in late-August 1983 (again converted to 2011 dollars). Obama's domestic drilling limits and anti-carbon fetish helped gasoline climb 87 percent -- from $1.93 when he arrived to $3.60 on August 29.

The economic and political consequences of these conflicting visions are stunning.

At the two-and-a half-year mark (July 20, 1983) Gross Domestic Product under Reagan grew at 9.3 percent. Under Obama, GDP crawled forward last July 20 at 1 percent.

At that stage in Reagan's presidency, non-farm productivity blossomed at 9.6 percent. Under Obama, it shriveled at negative 0.7 percent.

After 2-1/2-years, unemployment stood at 9.4 percent, down from a 10.8 percent recessionary peak. Under Obama, top joblessness of 10.1 percent has dropped to 9.1 percent, but seems stuck there. And the fact that America yielded zero net jobs last month (versus 280,000 in August 1983) confirms the bankruptcy of Obamanomics.

These respective developments swayed America's mood. In August 1983, under Reagan, the Consumer Confidence Index sparkled at 90.2. Last month, under Obama, it flickered at 44.5.

An August 8, 1983 Gallup survey found 35 percent of Americans "generally satisfied with things in the U.S." and 59 percent "generally dissatisfied." On August 14, 2011, 11 percent were satisfied, while a whopping 88 percent were dissatisfied.

Progress earned Reagan 48-percent approval in a September 1983 Gallup survey, while Obama stood at 40 percent on August 20. On managing the economy, ABC News documented Reagan's 48-percent approval on May 18, 1983. On Sept. 1, ABC gauged Obama's approval on economics at 36 percent.

Obama's triumphs include last week's dismissal of 1,100 workers at Solyndra, a now-defunct solar-panel manufacturer that he stimulated with a $535 million loan guarantee. Another program hatched 14 jobs and weatherized three Seattle homes. Cost: $20 million.

Ronald Reagan savored a landslide re-election in 1984, scoring 525 Electoral College votes to Democrat Walter Mondale's 13. As Obama crawls from the wreckage of his Keynesian vehicle, disappointed voters in November 2012 likely will make him hand the keys to an adult who knows how to drive.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Deroy Murdock is a columnist with Scripps Howard News Service and a media fellow with the Hoover Institution on War, Revolution and Peace at Stanford University.



Previously:

09/02/11: Labor leaders to Obama: Stop killing jobs

08/26/11: Pro-market Perry vaults over Romney in GOP race

08/19/11: Some rich Americans will not rest until Washington boosts their taxes

08/12/11: Hope, change and free birth control for all

08/05/11: Debt deal does virtually nothing

07/21/11: Dems pro-choice on abortion but little else

07/15/11: Debt deception: If only Dems were honest and GOPers were courageous

07/08/11: Congress' war on light bulb blows up





© 2011, SCRIPPS HOWARD NEWS SERVICE

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