Guest Editorials

BY mENCKEN'S GHOST | NOVEMBER 22, 2011

Income mobility: the pink elephants in the ring

In case you missed it, there is a raging debate taking place between the intelligentsia and media of the Left and Right about the causes of the purported decline in America’s income mobility. As with almost all national issues nowadays, the Left and Right, like dazed prize fighters, retreat to their respective corners and see the problem through their puffy, narrow eyelids. The Left says that the causes are social Darwinism, unbridled capitalism, inherited wealth and privilege, low spending on education, blah, blah. The Right says that the causes are socialism, the regulatory state, high taxes, a lack of prayer in schools, blah, blah.
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Guest Editorials

BY DR. MARK W. HENDRICKSON | NOVEMBER 22, 2011

Green fiascoes and boondoggles

mark hendricksonA barrage of news headlines on the Solyndra scandal continue to remind us that President Obama made green jobs one of his administration’s priorities. Those headlines also reveal this initiative to have been a costly mistake.

The bankruptcy of Solyndra, the solar-panel manufacturer that has collapsed despite receiving half a billion dollars from the federal government, is only the tip of the iceberg. The Wall Street Journal recently reported that several other green companies that received generous federal aid are teetering on the brink. Keep reading ...