In this issue

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 Jan. 27, 2009 / 2 Shevat 5769

Where is free market economics when we need it most?

By Mona Charen

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http://www.JewishWorldReview.com | "Lending Drops at Big U.S. Banks," reports the front page of the Wall Street Journal. Even those banks that have just received an infusion of $148 billion in taxpayer dollars as part of the TARP saw their loans drop by 1.4 percent between the third and fourth quarters of 2008, the paper reports. The economy seems to be shedding jobs like a dry fir tree losing needles. People speak of a "consensus" that only a huge stimulus plan by government can save us.

Certainly President Obama seems supremely confident that the federal government, in his own capable hands, can tackle everything from job creation to education to global warming. All that is needed is to set aside "stale" partisan arguments and salute smartly.

President Obama was a teenager when some of the smartest liberals in America (dubbed the neoconservatives) were beginning to have doubts about the power of government to do good. Daniel Patrick Moynihan, Irving Kristol, Norman Podhoretz, Nathan Glazer, Aaron Wildavksy, and many others observed the effects of Lyndon Johnson's "Great Society" initiatives and became sobered up. (A few, including Moynihan, returned to the liberal fold but most did not.) They noticed the waste and the ineffectiveness of huge government programs, but above all, they were chastened by the law of unintended consequences — that the unforeseen or indirect effects of government policy were usually more damaging and more important than the desired effects. Minimum wage laws are a good example. Intended to help the poor earn a living wage, they instead discouraged hiring of the low-skilled. Rent control was supposed to make it easier for the poor and middle class to afford apartments but wound up making low-cost housing less available.

All of that social learning is well in the past now. President Obama seems to have burst on the scene without ever having grappled with those lessons. Not even Republicans behaved in power as if they believed in free markets. One hates to pile onto President Bush, who did many things right and has received more undeserved calumny than anyone in recent memory, yet it must be said (and has been said before in this column) that President Bush, along with a sloppy and incontinent Republican majority in Congress, managed the feat of discrediting free market economics without ever practicing it. It was the Republicans who passed the Medicare prescription drug bill, and the bloated farm bill, and the transportation pork. This disqualifies most Republicans from challenging the gigantic new trough feeding that is about to begin under the Democrats.

It was, or should have been, frightening news that the United States is now $10.7 trillion in debt, sporting a $1.2 trillion deficit. As Mark Steyn noted, your pocket calculator doesn't have enough spaces to input one trillion dollars. The Democrats' solution is to make our deficit $2 trillion with a "stimulus" package. The Congressional Budget Office (run by Democrats) reports that — all talk of "shovel ready" projects notwithstanding — only about 25 percent of the new spending in the package would actually be spent by 2010. And it defies common sense to believe that transferring $100 billion from the federal government to the states to help with Medicare reimbursements will stimulate economic activity. Nor will $200 million to rehabilitate the National Mall in Washington, or $500 million to install new bomb detectors at airports, or $400 million to NASA to conduct climate change research (which several other agencies are already studying), and on and on.

We are, not to put too fine a point on it, about to send another trillion dollars of our money into a rat hole. Permanent tax cuts, for individuals and businesses, have been proven to stimulate the economy. They worked under Kennedy and Reagan. But to point this out now is like shouting into a whirlwind.

As Gordon Crovitz and other wise men have pointed out, we got into this mess because government created a housing bubble. Until the bad assets held by banks are cleared — and the TARP has clearly failed to do this — all of the money shoveling will just prolong the agony. Capitalism prescribes tough medicine for mismanagement. But insolvency, bankruptcy, and recession are all necessary correctives that lay the groundwork for healthy recoveries. The Democrats are trying to avoid the short-term pain. The result will be long-term pain.

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