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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 August 19, 2010 / 9 Elul, 5770

Obamanomics Fails: Will the President See the Light?

By Larry Elder



http://www.JewishWorldReview.com | The position of chair of the Council of Economic Advisers is open. How President Barack Obama fills it can tell us whether he's finally gone wobbly on Obamanomics — maybe in time to arrest some of the damage.

Would President Obama, to fill a Supreme Court vacancy, ponder whether to nominate liberal Ruth Bader Ginsburg or conservative Antonin Scalia? Would his finalists come down to Sonia Sotomayor or Samuel Alito? Elena Kagan or John Roberts?

Laughable, of course.

Such a range of choices would mean that the left-wing Obama does not know whether he wants a "constitutionalist" or a proponent of the "living, breathing document" school of jurisprudence — whether he wants a "strict constructionist" or whether he wants a jurist who decides cases based, as he put it, on "empathy."

We know where he stands. And it is not on the side of Clarence Thomas.

Now, for the chair of the CEA, would Obama's list of possibilities include both the Obama-sympathetic left-wing economist Paul Krugman and supply-side economist Lawrence Kudlow?

Don't laugh. A Washington Post columnist actually suggested that Obama consider these two polar opposites. Honestly, Kudlow? To paraphrase press secretary Robert Gibbs, somebody needs drug testing.

Kudlow, a former member of the Reagan administration and current CNBC host and syndicated columnist, advocates lower taxes, free trade, smaller government and less regulation. Krugman, a Princeton professor and New York Times columnist, wants more "stimulus" spending and called the first package "too small and too cautious." They're as different as George Patton and John Lennon.

Obama wouldn't hire Kudlow to caddie his golf clubs, let alone to lead his team of economic advisers.

Obama is a community organizer, a person who, by definition, wants government to do more, not less. Obama rails against the "greed" of capitalism and believes that "at a certain point, you've made enough money." He urges higher taxes on the rich to "spread the wealth." He admits that higher capital gains taxes actually produce less revenue but supports a hike so that the rich pay a higher percentage — a matter of "fairness." He doesn't understand that government subsidization of the housing market — through Fannie Mae, Freddie Mac, the Federal Housing Administration and the Community Reinvestment Act — sparked the unsustainable run-up in home prices. He ignores the consensus among economists and says, "The American dream … means that we raise the minimum wage not just every 10 years, but all the time."

This is not a man who plans to get in touch with his inner Milton Friedman.

"I was wrong," Obama would say by selecting Kudlow. "Unemployment is near 10 percent. It remains high despite the passage of several stimulus packages predicted to jump-start the economy, several extensions of unemployment benefits, takeovers of two domestic automakers, and bailouts of banks and other financial institutions. We are now going in a new direction."

The outgoing CEA chair, Christina Romer, pushed for the $787 billion stimulus and predicted that its passage would prevent unemployment from reaching 8 percent. When unemployment busted past that level, Romer reportedly lost power and influence.

Was she ever comfortable? When Obama chose her, some thought it a sign that Obama wanted to govern as an economic moderate. A San Francisco newspaper called Romer "decidedly centrist." OK, that's San Francisco. But she and her economist husband wrote a paper in which they sounded like Ronald Reagan: "Tax increases are highly contractionary. … Tax cuts have very large and persistent positive output effects." But Obama believes President George W. Bush wrongly gave tax cuts to the rich, who "didn't need them and didn't even ask for them."

"Every economist who's looked at it," said President Obama, "says that the Recovery Act has done its job." This is true — except for all the economists who think it failed.

Stanford economist Michael Boskin says, "The permanent government expansion and higher tax rate agenda is a classic example of what not to do during bad economic times." Heritage Foundation economist J.D. Foster says, "The problem with the idea of pump-priming the economy through deficit spending is that the government must first pump money out of the economy by borrowing it. Government spending increases public demand; government borrowing reduces private demand. Governments don't create purchasing power. They destroy it through inflation or transfer it through borrowing and spending."

What about Krugman? The Post columnist writes, apparently with a straight face: "Krugman is best known for his New York Times columns arguing that the $787 billion, debt-busting stimulus bill was not enough. … Maybe it's time for Krugman to put his money where his mouth is. You think government needs to spend more to get us out of this funk? Okay, Paul. Here's the key to the car."

No, we've been driving that car for nearly two years. Voters elected a dangerous left-winger who trusts government to run health care, car companies, banks and the student loan program.

The driver-in-chief not only sees no need for a course correction, he wants to step on the gas.

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

JWR contributor Larry Elder is the author of, most recently, "Stupid Black Men: How to Play the Race Card--and Lose." (Proceeds from sales help fund JWR)

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© 2006, Creators Syndicate

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