Tag Archives: Economy

Marvin O’Lasky interviews leading Christian thinkers

Here are some interviews on a variety of topics of interest. (H/T Brian Auten of Apologetics 315)

Marvin O’lasky is the interviewer. There is an audience of students from the King’s College in New York, NY.

More lectures here.

Michele Bachmann in defense of free trade agreements

Representative Michele Bachmann
Representative Michele Bachmann

ECM sends word of a Michele Bachmann column posted at the Heritage Foundation!

Excerpt:

Each day in Minnesota and all across the nation, billions of dollars worth of products begin their journey to be sold overseas. American farmers, manufacturers, and businesses rely on exports to strengthen and grow both their bottom line, as well as our economy’s.

Free and fair trade agreements help spur economic growth; improve efficiency and innovation; create better, higher-paying jobs for hard-working Americans; and increase the availability of lower-priced products here in the United States.

Furthermore, the role of free trade as an expression of liberty and opportunity for all individuals signifies the very principles our country was founded upon.

Yet, the free trade agreements with Panama, South Korea and Colombia negotiated under the Bush Administration remain little more than words on paper. Despite having been carefully negotiated over a period of two and half years, these agreements have become bogged down by partisan divides. In the meantime, with an average tariff of 53% imposed on U.S. agricultural products by South Korea last year, for example, there is little wonder the United States International Trade Commission estimates U.S. sales of agricultural products could increase by as much as $3.8 billion once the U.S.–South Korea agreement is fully implemented.And while Congressional leaders seem content to leave these agreements on the back burner, America’s fragile industries are left hanging in the balance. The impact of depressed exports is fully evident to those who make their livelihood from them. In fact, Minnesota’s manufacturing exports experienced a 19% decline during the first quarter of 2009, mirroring a similar decrease nationwide. And our agricultural sector, especially our ailing pork and dairy producers, certainly needs no reminder of the importance of expanded export channels to the survival of their farms.

Click through and read the whole thing.

Reading this column filled me with joy and admiration, because Michele Bachmann shows  how good a Christian woman can be if she puts her mind to it. It’s so good that she has an informed view of economic policy and realizes how prosperity is important to Christians who are trying to marry and raise a family. Money is the fuel we use to run our life plans, so we all need to have jobs and to make sure that our dollar buys as many useful things as possible, by keeping prices low.

Here are my recent posts on Michele Bachmann:

You can click here for her video blog.

Please contribute to her 2010 campaign, if you can.

Here are all the posts tagged “Michele Bachmann”.

New Alfonzo Rachel video

By the way, for my female readers, the male equivalent of Michele Bachmann is Alfonzo Rachel. You can see his latest video which explains why Christianity is not compatible with socialism. He’s a devout Christian and he understands economics. He also is very entertaining in these videos he makes for PJTV.

Obama restricts government contracts over 25M to unionized labor

From Erick Erickson at Red State. (H/T IHateTheMedia via ECM)

Excerpt:

Barack Obama and his administration are about to significantly drive up the costs of federal building construction. This is an astonishing reach. The Office of Management and Budget has directed that any federal construction over $25 million benefit unions.

The order would make all federal construction projects 10-20% more expensive by requiring all contractors to either use union workers or apply inefficient union apprenticeship and work rules to their employees. Contractors would also be required to make contributions to union pension funds and other union programs that non-union workers will never benefit from.

This will hugely drive up the cost of construction of federal buildings and line the pockets of unions without even having union workers involved in the projects. The Bureau of Labor Statistics shows that only 15.6% of private construction workers in America belong to unions. In other words, 8 out of 10 construction workers in America will be legally denied the right to work on federal building projects.

Now you say to me, “Wintery! What’s wrong with unions?”

And I refer you to this article from the extremely leftist NYT. (H/T Sweetness and Light via ECM)

Excerpt:

No one got the chance to say goodbye to Café des Artistes, the storied New York City restaurant that served up Old World fare under the gaze of the painted nubile nudes that perkily graced its walls.

The restaurant had closed on Aug. 9 for a month-long vacation and was to reopen Sept. 14. But on Friday, facing steady losses and a union lawsuit, its owners made what they described as a wrenching decision to close the landmark cafe on West 67th Street for good.

“It’s a very sad day for us,” said Jenifer Lang, whose husband, George Lang, has owned the restaurant since 1975. “It’s a death in the family.”

It was also the death of an intrinsic part of old New York. Countless couples got engaged in the glow of the restaurant’s dim, romantic lighting…

Mrs. Lang, 58, said that the restaurant’s business had been hurt by the economic crash but that its problems ran deeper. Café des Artistes was unionized, and she said the restaurant paid about $250,000 a year to cover its employees’ health and pension benefits, an amount she said the restaurant struggled to cover. Mrs. Lang also said the couple, whose home is half a block from the restaurant, put in $2 million of their own money to keep it running over the last 10 years.

“It makes it difficult to run a restaurant most of the time,” Mrs. Lang said of the union benefits. “When the economy is down, it makes it impossible.”

The final straw, Mrs. Lang said, was a lawsuit recently filed against the restaurant by the union demanding past benefit assessments.

Bill Granfield, president of Local 100 of Unite Here, the union representing the cafe’s 50-odd employees, said the restaurant had fallen behind on its payments for medical insurance and welfare funds, forcing the union to demand payment in court. He also said workers in 2003 took a pay cut and agreed to switch to a cheaper medical plan to ease the restaurant’s financial pressures…

Unions kill jobs by raising the price of labor with no compensating rise in worker productivity. When you raise the price of labor, businesses die. When businesses die, unemployment goes up. That’s the way the world works.