Home
In this issue
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 Aug. 5, 2014 / 9 Menachem-Av, 5774

People, not politicians improve world economies

By Cal Thomas




JewishWorldReview.com | STRATFORD-UPON-AVON, England -- "Neither a borrower nor a lender be; for loan oft loses both itself and friend, and borrowing dulls the edge of husbandry." -- "Hamlet," Act I, Scene III

William Shakespeare is not known for his economic expertise, but the advice he gives through Polonius in "Hamlet" may be the best counsel ever offered for individuals and governments.

After years of debt (90.6 percent of GDP in 2013) and deficit spending, Britain's ruling Conservative Party is crowing about the latest economic figures that show the country has outpaced the developed world in its economic recovery. Reuters reports that the International Monetary Fund recently upgraded Britain's projected economic growth this year to 3.2 percent, leading "the world's big rich economies." According to UK's Office for National Statistics, Britain has recovered all of the ground lost during the recession.

In America, the Obama administration is also crowing about the creation of 209,000 new nonfarm jobs in July. The July unemployment rate rose slightly to 6.2 percent from June's 6.1 percent, likely because more people stopped looking for work.

RECEIVE LIBERTY LOVING COLUMNISTS IN YOUR INBOX … FOR FREE!

Cal's and many, many more. Sign up for the daily update. It's free. Just click here.

The British media have carried stories about the improved economy, but note it hasn't reached average people who continue to feel cramped by the recession's aftermath. These include higher than ever gas prices (roughly $8.50 a gallon), increased costs for food and higher housing prices in larger cities.

The average American household has lost income over the past decade. According to the Russell Sage Foundation, a leading social science research organization, as reported in The New York Times, median annual income declined from nearly $88,000 a decade ago, to just over $56,000 today, a 36 percent decline.

A Daily Mail Online editorial castigated the Labour Party for its heavy-handed criticism of Chancellor of the Exchequer George Osborne's austerity policies, which are demonstrating success.

The Daily Telegraph's assistant editor, Jeremy Warner, wrote a column praising Gov. Sam Brownback's (R-Kansas) economic program, which many Democrats and some newspaper editorials have criticized. While acknowledging that Kansas' revenue hasn't yet caught up with the governor's steep tax cuts, Warner writes, "Experience ... is already beginning to mirror what other low-tax states achieve. If we take the 15-year period between 1998 and 2013, the 50-state average for private-sector job creation was 8 percent. Yet for those states such as Texas, Florida and Nevada that don't impose income taxes at all, the rate of growth was 18.3 percent, against 5.6 percent for those that do. Tax competition, it seems, works in practice just as you might expect it to in theory."



In other words, Kansas is on the right track, if experience serves, and so is Britain, which might promote even faster and more widespread growth if it reduced its massive welfare budget and cut taxes (the top income tax rate is now 45 percent, plus a 20 percent Value Added Tax on virtually all goods and services). It might also reduce the fuel tax, now 61 percent of the cost per litre, the highest in the European Union. It costs me about $100 a fill-up, twice the U.S. cost.

Credit for any economic recovery must ultimately go to wage earners and businesses struggling against government intrusion that includes high taxes and stifling regulations. They would be recovering more quickly if government would get out of the way and allow its citizens the economic freedom that can lift more boats.

The philosophical battle continues between those who think government does a better job of spending other people's money (surely a discredited notion given the record of government misspending) and money earners who believe smaller government is better for both government and the governed.

This wisdom from the Bard of Avon might easily apply to national economies and elected leaders:

"There is a tide in the affairs of men,

Which, taken at the flood, leads on to fortune;

Omitted, all the voyage of their life

Cal Thomas Archives

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.


© 2014 Tribune Content Agency

Columnists

Toons

Lifestyles

Quantcast