Posts Tagged ‘Economics’

About Immigration

Monday, May 17th, 2010

same-coin-two-sidesI highly recommend the recent white paper by the ERLC (Ethics and Religious Liberty Commission) as a starting point for a rational discussion about immigration. (Richard Land, the head of the ERLC, has a briefer statement about the issue here.) I believe the statements about immigration coming out of the ERLC right now are the sanest and most transparent of any I hear from either side.

My approach to the issue itself is simple. I believe any real solution to immigration reform must involve three things (which I will get to in just a moment), whether anyone in particular likes them or not. I don’t mean that statement as an arrogant disregard for public or private opinion. Rather, I mean by it that this problem, once properly defined, will neither simply go away because we build a bigger fence or stop offering ballots in Spanish, nor because we grant amnesty to everyone here illegally and open the borders completely. And for the problem to become something other than just that, we are going to have to be smarter than we have been for the past hundred years—on both political sides. Liberals have tried amnesty and other floods of illegal immigration have followed. Some conservatives have at times raised the ugly face of misoxeny. Yet the problem has persisted, partially because each side only acknowledges half of the problem from the outset.

So what is the problem? It is NOT simply that millions of people have entered the country illegally and that many if not most have stayed. And it is NOT simply that the illegal immigrants who are here are taken advantage of as they live on the fringes of society. It is rather BOTH the influx of immigrants who are neither fully accountable to nor fully protected by the law AND the things in our society which attract them and keep them here—basically economic interests. It doesn’t matter how big a fence we build as long as employers are motivated to pay sub-minimum wages to people who regard dirt-cheap work as so much better than what they can do at home that they leave everything else behind to get to it. Both sides of the issue must be addressed in order to effect real improvement. That is, laws must be BOTH enforced and morally and economically sane. The current law is neither enforced nor is it either morally or economically sane.

So here are the three components (more…)

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why postmoderns are conservative, even if they haven’t read that part of the story yet

Tuesday, June 9th, 2009

a fractalPost-moderns attempt to escape the narrow confines of a culture defined by the Enlightenment. That attempt includes moving from pure individualism to community, from propositional claims to narrative, from strict rationalism to contentment with inconsistency, from truth to authenticity, and from integrity to transparency. Every one of those moves is surrounded by dangerous cliffs overlooking jagged valley floors. But that discussion is for another day.

The point here is that by making those moves, post-moderns also end up embracing a type of community which is organic and emergent rather then artificially planned, engineered, and executed. There is something about post-modernity which expects the unexpected, and does not believe that air-tight solutions really have all the holes sealed up. So natural pressures and and the choices of individuals acting as part of a community within those pressures creatively emerge into solutions unforeseen by those living within strict rationalistic guidelines.

Interestingly, conservatives share exactly the (more…)

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Pill-AIG-ing the Strength of the American Economy

Tuesday, March 17th, 2009

PillagingSo with the recent revelations that AIG is spending close to half of its $170B worth of rescue money on foreign obligations, and about $150M on bonuses for certain executives and employees has come frighteningly unified excoriation from practically every corner of American Culture.
Francis Cianfrocca, a businessman and investor based in New York City, and the CEO of Bayshore Networks, LLC has written a fairly considerate opinion of such a kind on CommentaryMagazing.com, an opinion despite its thoughtfulness with which I still almost wholly disagree (actually, see the comment below for a revision). Why?
What did people think AIG was going to do with the money given them so they would not go bankrupt? The reason to keep a company from going bankrupt is simply so that they will honor their contracts.
And American law is only as valuable to the future and the economy as it is an enforcer of contracts. Rewriting or creating laws now so that, for example, 91% of AIG bonuses will be confiscated as taxes will reduce American law to the kind of legal chaos which to this point only exists in the countries we used to call under-developed.
AIG’s offense to the American (and world) economy will be nothing compared to the consequence of undermining confidence that American contracts will be honored by law. Make it possible for contracts to be legally broken retro-actively, or make it possible for laws to be written targeting only certain participants in the economy—then we will understand the meaning of pillaging the American economy.

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Andy Horner quote on free enterprise and government

Friday, March 13th, 2009

Andy Horner's The college where I teach, Criswell College, owes a huge debt to the spirit, generosity, and vision of Andy Horner. Here’s a quote from Andy Horner’s booklet Jewels for Life. Written in 1994, every word is three times as significant today:

In 1985 before the collapse of Marxism, I visited Poland. If we remained anywhere more than a couple of days, we had to sign in at a police station, and report our business and sales person’s itinerary. The last time I looked, here, you could still get in your car and travel wherever you wanted, live where you wanted, and start a new business if you wanted. If we keep looking to Washington as a PARENT responsible to take care of us, these freedoms may be short lived in the land of their birth, but for now they remain. One of these freedoms is the right to start your own business. Controlling your own time, seeing a direct relationship between your effort and your paycheck, being your own boss–these are the dreams of an independent business person.

Commit to the Lord whatever you do, and your plans will succeed. Proverbs 16:3.

Subtly implied in the quote: if there are a hundred places to find help during an economic or financial crisis, the Lord should be the first to which anyone turns, and the government should be last.

Thanks to Kay Williams for pointing out this quote!

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The Late Dr. Adrian Rogers on the Economy

Friday, February 27th, 2009

Adrian RogersI read this quotation yesterday on the air and I’ve had a few people ask about it. I received it by e-mail from Penna Dexter so I don’t know the original source, but It is right on the mark, so I’m happy to post it here:

You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.

The late Dr. Adrian Rogers, 1931 – 2005

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Nancy Falosi

Tuesday, January 27th, 2009

Nancy PelosiNancy Pelosi’s Fallacy: Here’s a part of how Nancy Pelosi justified her party’s decision to include family planning and contraceptive funding in the stimulus plan working its way through Congress. “The states are in terrible fiscal budget crises now, and part of what we do for children’s health, education and some of those elements are to help states meet their financial needs. One of those—one of the initiatives you mentioned, the contraception—will reduce costs to the states and to the federal government.” Representative Pelosi has crammed two enormous errors into this one small statement.
First, she is wrong economically. Some people will (more…)

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Auto Bailout: Seafood or Hot Dog?

Friday, December 12th, 2008

Redneck SeafoodSomeone e-mailed me this picture with the caption, redneck seafood. Since I now have less than half-inch hair, I believe I can use the word “redneck” with some impunity. And I must admit, the appearance is better than the traditional “tube steak” look.
The auto industry is tube steak. Congress is playing chef. The loans are precise slices in the “meat”. Political posturing is the presentation. Free market forces are the unchanging reality within which everything is taking place.
Now remind me: after all the cutting and renaming is done, what’s the auto industry again?

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Civics Quiz from ISI

Monday, November 24th, 2008

ISIIntercollegiate Studies Institute has posted an online civics/history quiz. You can access it by following the link from here.
Here’s the challenge as they offer it:

Are you more knowledgeable than the average citizen? The average score for all 2,508 Americans taking the following test was 49%; college educators scored 55%. Can you do better? Questions were drawn from past ISI surveys, as well as other nationally recognized exams.

I’d love to know how you did.

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A Listener’s Letter: Some Perspective on the Presidential Election and the Economy

Wednesday, October 15th, 2008

I received this e-mail from a listener. It’s worth sharing as is:

Hello Barry!
I’d like to add my comments to your show today. I believe there are several reasons Republicans are behind in the polls :
1.) Historical Perception regarding democrat party: The phenomenon an analyst on your show pointed out a while back… that being “if the economy goes bad, people will forsake their values and run back to the party they think will take care of them”.
This was exactly the thought expressed by caller…who said she believes in the Christian values upheld by candidates for the Republican party but can justify supporting those who stand opposed to those values because she wants to eat and pay her bills. Therefore she will support Obama and the democrats because of her feeling that they represent the group that will best look out for her. She falls back on the idea that “democrats look out for the little guy”, etc.
During her comments, she indicates something to the effect that (more…)

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Redistribution of Wealth, Reason, Motive, and Morals

Monday, October 13th, 2008

pressing crowd of people--like an economyThe closer an election, the greater the shallow promises intended to convince a few more voters toward one side or the other. Since by definition the majority of people are not wealthy, many of those shallow promises are aimed at the middle class and lower. “We will not raise taxes (or we will lower taxes) for anyone making less than $xxxx.” But promises are not the only way to win a middle-class heart. There are also attacks on a minority, in this case the wicked people who make more money than they do. “Greedy corporate executives have abused the free market and they ought to be punished.” Never mind that it is not greed, but the success at acting on their greed which actually aggravates the critic’s audience. That is, there is no political bounty to be had by attacking those who are greedy but fail to gain wealth through it: only those whose greed brings them wealth face the criticism, revealing the hypocrisy of a criticism motivated more by its disdain for wealth (or even profit) than for greed.
But back to the point: even a cursory analysis of those attacks extrudes (more…)

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