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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

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 Dec. 5, 2011 / 9 Kislev, 5772

Why Wal-Mart serves us better than Barney Frank

By Jay Ambrose




http://www.JewishWorldReview.com | In a ruff, gruff, mean way, Barney Frank castigates opponents while fighting for the poor and the middle class, who ought to be more careful who their friends are. He's an important reason we had a fiscal crisis that left millions in mortgage misery and unemployed. Here's what has really helped them: the Bush tax cuts and Wal-Mart.

These two matters among many positives are worth mentioning if you want to respond to the Occupy Wall Street yelpers, their Democratic cheerleaders and liberal commentators. You hear them repeatedly saying it's corporations doing us in, along with politicians who lower taxes on the rich.

If it weren't for the Bush tax cuts, however, Barney's interventionist folly would be even more devastating. Of course, by the congressman's telling, he's an innocent. A book called "Reckless Endangerment" shows something else. His insistence on the poor getting mortgages they cannot afford should have been accompanied by one of those legally compelled warnings on TV commercials that a wonderful drug may kill you.

At the age of 71, this know-it-all, morally superior House representative from Massachusetts has finally given the nation a hallelujah moment. He has announced he will not run for reelection in 2012. Sadly, the side effects of his legislative care are staying around, as in a decline in middle class household income. Happily as The New Republic's Gregg Easterbrook wrote a year ago, that decline is in pre-tax income.

When you take a look at after-tax income boosted by Bush's 2003 tax cuts, and add in low prices in some categories and rises in government benefits, the middle class is better off than at its earning peak, he reported.

Contrary to myth, the Bush tax cuts did not decrease the share paid by the rich. They did reduce what the rich paid, but they immediately boosted the share of income tax the rich fork over, and in the months after the 2003 cuts, Heritage Foundation research shows GDP bounced upwards, the S and P 500 did, too, and jobs increased by the tens of thousands. Revenues were higher in 2006 than before the reduction.

But wait, dastardly capitalism is unfair, and the corporations are sticking it to us, we are repeatedly told. The truth is something else. Free markets, broad trade, specialization and the technology that develops from all of this have given us a world in which people make three times the cash they did a half century ago, according to Matt Ridley, author of "The Rational Optimist."

While no one should shrug at the suffering of many of the poor in this country, they are rich by world and historical standards, most of them owning cars, TVs, computers, air conditioners, eating well and living in more space than the average person who is not poor in Britain, Sweden and France, Heritage also reports. The recession has been a blow, but the economist Stephen Rose noted before it hit that the only reason the middle class is shrinking is because individuals in it have been getting richer.

Crony capitalism deserves bashing, corporations can get too big for their own good or ours and, yes, Wall Street recklessness abetted the fiscal crisis. But the millions of corporations in this country and the entrepreneurs who have created them are our economic salvation. The worst business culprits in the fiscal crisis were semi-governmental Fannie Mae and Freddie Mac, which would be finished if Barney Frank had been astute in co-authoring regulations many think do more harm than good.

All of which brings us to Wal-Mart, a beast in the woods, the left tells us, even though it puts more Americans to work than any other company, compensating them as well as they could expect elsewhere with their skills and saves customers a reported $263 billion a year.

Barney Frank hurts us while Wal-Mart does good.

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.

Jay Ambrose, formerly Washington director of editorial policy for Scripps Howard newspapers and the editor of dailies in El Paso, Texas, and Denver, is a columnist living in Colorado.


Previously:


11/30/11: Not writing off Newt
11/28/11: Answers to the Iranian threat
11/23/11: Failure of the incumbency investment
11/18/11: Occupiers: Chop off their heads!
11/16/11: Obama asks jobless to sacrifice
11/09/11: Michael Moore's insufferable occupation
11/04/11: Political tipping point is coming
11/02/11: Idealogues versus 7 billion
10/28/11: Obama games on student loans
10/26/11: Wit and quick moves v. humanity and thoroughgoing honesty? It's no contest —- or at least shouldn't be
10/07/11: Baptists, bootleggers and Wall Street protesters
10/05/11: Federal law will get you even if you watch out
09/28/11: Leftist bugbears on the march
09/23/11: Still hope for coal to help us
09/21/11: Obama's Madoff ploy
09/19/11: U.S. can't afford to wait until it happens
09/14/11: Defending -- and strengthening -- gung ho collectivism
09/12/11: A pipeline to better times
09/08/11: Obama just keeps destroying jobs
09/06/11: Ultra-feminists thwarting justice
08/31/11: Corporations are people? Yes, Count the ways
08/26/11: What an earthquake tells us about debt
08/25/11: The tyranny of scientific consensus
08/23/11: Fracking hardly a public health threat
08/17/11: Why Obamacare won't control births
08/15/11: Balanced budget amendment unbalanced idea
08/10/11: Kerry's war on citizen speech
08/05/11: Upside to the compromise leaving the door open for obnoxious maneuvers
08/03/11: The people who may save America
07/29/11: On making deals, Obama is no LBJ
07/27/11: The threat behind the debt
07/23/11: Mean opposition to means-testing
07/20/11: Leftist babble makes debt crisis even worse
07/18/11: Time to raise demagoguery ceiling
07/13/11: Obama treating treaties badly
07/08/11: Is decline of U.S. exaggerated?
07/05/11: Not math deficiency, but demagoguery



© 2011, SCRIPPS HOWARD NEWS SERVICE

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