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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 May 23, 2012/ 2 Sivan, 5772

Which kind of capitalism? A debate for Obama and Romney

By Jonah Goldberg




http://www.JewishWorldReview.com | "This is not a distraction, this is what this campaign is going to be about," President Obama said Monday at the NATO summit. The "this" in question is Mitt Romney's tenure at Bain Capital and what it says about Romney's economic vision for the country.

Team Romney should have seen this coming. If Newt Gingrich and Rick Perry were willing to rip Romney for being too capitalistic in the Republican primary, it doesn't take a lot of imagination to expect that Obama and Vice President Joe Biden would happily do the same in the general election.

And Obama has a point. If you are going to campaign on the idea that you were a private-sector job creator, it's certainly fair game for your opponents to investigate the claim. Now, I think the Obama campaign's specific charges and accusations regarding Bain Capital are spurious and unfair -- as did, say, Newark Mayor Corey Booker, before he was forced to recant his heresy.

There are real political dangers for Obama in making himself the attack-dog-in-chief. Not only is it contrary to his admittedly tattered post-partisan brand, but voters may reasonably conclude that the president is focusing on Romney's record to change the subject from his own.

Still, he's not entirely wrong. Nor is Washington Post columnist E.J. Dionne, who hopes the Bain brouhaha will spark a deeper debate about what kind of capitalism we want. Borrowing a term from Germany's Christian Democrats -- one widely accepted across much of Europe -- Dionne says we need to build a "social market" as opposed to what he calls an "anti-social market."

"Social" is one of those loaded terms that sounds pleasant enough but presupposes a very large role for the state in our lives. For instance, "Julia," the fictional Everywoman the Obama campaign is touting as the typical beneficiary of progressive government, lives in a social market. And, therefore, the government heavily influences not just her wages and health care but her career, recreational activities and even her childbearing decisions. "Under President Obama: Julia decides to have a child," one slide explains with a dry creepiness.

It's telling but not remotely surprising that Dionne looks to Europe, home of the cradle-to-grave welfare state, as the inspiration for the kind of capitalism he wants here. European capitalism has things to recommend it, particularly if you have a job -- especially a government job -- and can live your life before the bill for the social market comes due, as it has in, say, Greece.

One microcosm of the social market at work has been Wisconsin's public sector, where the generous perks and benefits of government work have crippled the state's ability to govern. That's why Madison, the spiritual home of the progressive movement, has looked a bit like a modern Greek city-state ever since Gov. Scott Walker took it upon himself to reform the system. The champions of the social market have not only thrown the kitchen sink at him in an effort to protect their ideals and their perks, they've brought in sinks from across the country to rain down upon him. And yet, it looks as if he will triumph next month in the recall effort.

Not entirely by Obama's design, for the last few years America's labor market has looked pretty European. We don't have the mobs of unemployed and unemployable youths loitering in the vain hope that some state worker will die or retire so they can take his place. But we're not that far off either. Workers don't want to leave their jobs because they have no faith they'll find another. Few firms want to create new positions because they don't know if the market will sustain them.

Under normal circumstances, the U.S. economy creates tens of millions of jobs every year and destroys tens of millions, with net new jobs. In a typical year, up to 50 million Americans change jobs, often happily. They get hired away, promoted, etc.

This process partly explains why America's capitalism has been so much more dynamic than Europe's. In the social market, once you have a job, you cling to it because you may never get another. European governments make it much easier to cling to that job by punishing businesses that fire people. The unhappy byproduct of such "compassion" is that businesses are also far more reluctant to hire people because each new hire is a potential long-term liability.

Yes, Romney created jobs while he was creating value and wealth at Bain; he also destroyed jobs. Both are necessary in a dynamic market that improves the prospects for most Americans through economic growth. Some suffer from the process. But I would argue more people suffer under the social market. Which system is better is, indeed, a worthy -- and overdue -- debate.

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