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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 December 11, 2013/ 8 Teves, 5774

Income distribution: How to do it more effectively

By Jack Kelly




http://www.JewishWorldReview.com | Rising income inequality poses “a fundamental threat to the American dream, our way of life and what we stand for around the globe,” President Barack Obama said Dec. 4. He pledged to make reducing it the focus of the rest of his presidency.

During his first term, the incomes of the top 1 percent grew by 31.4 percent, the incomes of everyone else by just 0.4 percent. On Mr. Obama’s watch, 95 percent of income gains have gone to the top 1 percent. When George W. Bush was president, only 61.8 percent did.

It was just “the latest in the one-off speeches” Mr. Obama gives periodically, said Dean Baker, co-founder of the leftish Center for Economic and Policy Research.

But if Mr. Obama is serious about reducing income inequality, he should focus on Washington D.C. Median household income there has jumped nearly 20 percent during his presidency, to more than $65,000 — 23 percent more than the national average.

In 2011, the three wealthiest counties — six of the top 10 — were D.C. suburbs. In the top two, median household income was more than twice the national average.

The average wage of federal civilian workers in 2012 was $81,704, according to the Bureau of Economic Analysis. For workers in the private sector, it was $54,995. With benefits, compensation for federal workers averaged $114,976 — 74 percent more than for private sector workers.

Beyond Washington D.C., income inequality is greatest in big cities.

In Chicago, where per-capita income in 2011 was $27,940, more than 2,400 city employees had six-figure incomes. This doesn’t include 1,500 employees of Chicago Public Schools who took home $100,000 or more. Chicago teachers are the highest paid in America, the school board says.

Per-capita income in Detroit was $15,261. City employees averaged $47,097. When benefits are included, teachers in Detroit Public Schools earned about $93,000, the Mackinac Center estimated.

Almost everything broken in America is run by the government, or heavily regulated by it. Healthcare.gov is an example. It cost hundreds of millions to build and barely works.

Only some 20 percent of elementary students in Chicago are “on track” to graduate from high school, scores on the Illinois Standard Achievement test indicated.

In Detroit in 2011, just 7 percent of eigth graders were “proficient” in reading, 4 percent in math. Detroit is formally bankrupt. Chicago — $33 billion in debt — likely will be soon.

Federal domestic spending has more than doubled since FY 2000. Since 1950, spending by state and local governments has grown 2.6 times faster than the private economy. The combined spending of federal, state and local governments is the highest since World War II.



When government grows, economic growth tends to slow. Government consumes and redistributes wealth, but doesn’t create it. The more government takes, the less there is for everyone else.

Innovation is the key to rising living standards. For most, the path to prosperity is a good job. Excessive regulation stifles innovation and clobbers employment.

The number of pages of regulations in the Federal Register increased 694 percent between 1949 and 2005. GDP would be more than three times higher if regulations had remained at the 1949 level, estimated economists John Dawson and John Seater. More than 40,000 pages have been added since 2005.

If the labor force participation rate were what it had been when Mr. Obama became president, 7.19 million more Americans would have jobs.

When markets are free, businessmen compete by making better products. But when government chooses winners and losers, businessmen seek profit from subsidies, not innovation. When crony capitalism predominates, the economy slows and income inequality grows, Sutirtha Bagchi of the University of Michigan and Jan Svejnar of Columbia University found in a study this year.

Government chooses poorly. Many of the companies in which President Obama “invested” tax dollars are in financial trouble, or bankrupt.

Before “public servant” became an oxymoron, Americans were the wealthiest people on Earth, the gap between the 1 percent and the rest of us narrower.

Rising income inequality is a symptom. The “fundamental threat to the American dream, our way of life and what we stand for around the globe” is government grown obese.

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JWR contributor Jack Kelly, a former Marine and Green Beret, was a deputy assistant secretary of the Air Force in the Reagan administration.

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© 2013, Jack Kelly

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