Posts Tagged 'economics'

The Rebirth of Vocational Schools

The Rebirth of Vocational Schools

It took a moribund economy and unemployment combined with underemployment exceeding 25 percent for the United States to wake up to the realities of vocational schools. Apprenticeships and on-the-job training can be traced back to our nation’s founding. But as America prospered throughout the 20th century, workers turned their backs on manufacturing jobs, which they perceived as dirty and unglamorous.

Today, the most glamorous goal for the 20 million unemployed and underemployed Americans is to have a job. Therefore, vocational schools ...

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When a President Mocks Small Business

When a President Mocks Small Business

As an entrepreneur who has worked my entire life to create new businesses, hire more than 200 employees and risk everything I own on my companies, I join the chorus of Americans who are outraged by President Barack Obama’s recent outburst, “If you’ve got a business, you didn’t build that. Somebody else made that happen.”

This is clearly the most definitive proof that Obama does not understand small business, does not like small business and lacks the rudimentary knowledge of how ...

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The Ghost of the Marshall Plan Hovers over U.S.

The Ghost of the Marshall Plan Hovers over U.S.

Try to guess who said this and when: “The modern system of the division of labor upon which the exchange of products is based is in danger of breaking down. The truth of the matter is that Europe’s requirements for the next three or four years of foreign food and other essential products — principally from America — are so much greater than her present ability to pay that she must have substantial additional help or face economic, social, and ...

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Union Loss Is America’s Gain

Union Loss Is America’s Gain

The failure of the vote to recall Wisconsin Republican Governor Scott Walker sends two distinct messages: the majority of voters want their elected officials to maintain a government living within its means; and that unions can no longer dictate how a government operates.

Now that Walker has become the only sitting governor to defeat a recall vote, many are counting on him to carry Wisconsin this November for Mitt Romney. This would be the first time Wisconsin voted for a Republican ...

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Overregulation and Job Creation Can’t Work Together

Overregulation and Job Creation Can’t Work Together

Several weeks ago, I wrote that as of 2008, small businesses faced an annual regulatory cost of $10,585 per employee, according to an SBA regulatory impact study published two years ago.

The Office of the Chief Counsel for Advocacy of the U.S. Small Business Administration estimates that the annual cost of federal regulations in the United States increased to more than $1.75 trillion in 2008.

On the heels of this data, I came across a 2009 study from the California State University’s ...

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