A must-read end-of-the-week Linkfest, in the midst of a critical national debate: American Thinker's Randall Hoven strikes again, this time with a less controversial and heavily fact-laden piece - reviewing some of the abundant evidence that economic freedom promotes economic growth and the failed history of massive government so-called "stimulus" projects. It's a worthy read. (If the article above triggers your curiosity and interest, and you live in Colorado, then I also strongly recommend you take a look at signing up for the Free People, Free Markets class.) Along the same lines, the Wall Street Journal has been a great place to stay informed. Earlier this week the Journal featured a terrific, hard-hitting piece by economists … [Read more...]
More Lies Attacking Colorado’s Amendment 47, Amendment 54
Face The State has a great story on a forum hosted by Lefty non-profit groups to "educate" about various initiatives on Colorado's fall ballot. As reported, a spokesman for the well-heeled group Protect Colorado's Future lied directly to the audience about two initiatives his group opposes. First, he deceived attendees about the effects of Amendment 47, the Right-to-Work initiative:“In places where they’ve been successful in passing these laws in other states, there is data that has shown workers make about $5,000 less per year and infant mortality is actually 21 percent higher,†said [spokesman Daniel] Klawitter on Amendment 47, the right-to-work measure. But Kelley Harp, spokesman for the Amendment 47 campaign, questioned … [Read more...]
Putting Today’s Economy in Perspective
It's national election season, which means perspective on the economy is badly needed. Thanks to Rossputin for highlighting this article from economists Brian Wesbury and Robert Stein. Read the whole thing for yourself, but interesting tidbits are that family income last year hit its first all-time high in 7 years, income inequality declined faster than at any point in the previous 45 years, and the poverty rate stayed below its pre-1999 norms. Yes, economic growth has lagged, causing the country to flirt with recession. But according to Wesbury and Stein, "these figures bolster the case that the underlying fundamentals of the US economy were sound in 2007, before the Federal Reserve decided to try to inflate our way out of financial … [Read more...]
Amendment 47 Moves Past Frivolous Legal Attacks to Make Public Case
A common and repeated tactic of the Left this year has been to throw frivolous legal challenges at ballot initiatives they don't like in an effort to keep Coloradans from deciding the issues themselves. Well, last Thursday the Denver Business Journal reported that a judge has tossed out legal complaints against one certain initiative:A Denver District Court judge on Wednesday dismissed a lawsuit from opponents of Amendment 47, the so-called “right-to-work†ballot initiative that would bar labor unions from collecting mandatory dues in workplaces that engage in collective bargaining. Incidentally, the same publication endorsed Amendment 47 only days before (subscription required). Meanwhile, Fred Barnes at the Weekly Standard has an … [Read more...]
Right-to-Work States Outpace Forced Union States in Economic Growth
A couple days ago I had the pleasure of pointing out the defects in Denver Post editorialist Bob Ewegen's arguments against Right-to-Work. I wrote:Even more telling than comparisons of static earnings are rates of growth. In both job growth and in overall economic growth, Right-to-Work states have performed better. I therefore found it interesting that another insightful blogger only last week posted an analysis of new economic growth data. Here's the chart Will Franklin produced showing just how much Right-to-Work states outperform states that allow union coercion: Combined with the other flaws in Bob Ewegen's argument, this interesting find only makes the case for Right-to-Work look even stronger. … [Read more...]
Bob Ewegen Uses Less Than Complete Facts to Attack Right-to-Work
In his weekend column, liberal Denver Post editorialist Bob Ewegen carried the water for Big Labor leaders who are working to undermine Colorado's Right-to-Work initiative. Once you move past his weak attempt at irony, you find problems with the facts he chose to use to make his case:If you're lucky enough to find a job at all, the only right the Coors plan gives you is the right to work for less. Quite a bit less, actually. The U.S. Bureau of Labor Statistics reports that an average worker in the 22 states with right-to-work laws earns about $7,131 a year less than workers in free bargaining states ($30,656 versus $37,787). Nationwide, union members earn $9,308 a year more than non-union workers, $41,652 versus $32,344. These facts … [Read more...]