Hennessy's View

Domine, non sum dignus

Jobs Trump Healthcare

I feel drunk but I’m sober, I’m young and I’m underpaid I’m tired but I’m working, yeah I care but I’m restless, I’m here but I’m really gone I’m wrong and I’m sorry baby —Alanis Morissette, One Hand In My Pocket If your biggest problem involves choosing between multiple appealing jobs, everything else will seem less important. Because picking the right job is a really big deal. For the past decade, you’ve probably worried about finding or keeping any job. Read more →

Trump, The Jobs President

You can actually FEEL America getting GREAT again! ADP payroll report shows President Trump made a big down payment on his promise to be the greatest jobs president ever.  The economy added nearly 300,000 new jobs last month. Economists expected a rise of 190,000. It was the biggest jump in jobs in 6 years. The jobs were the good kind of jobs Trump talks about: manufacturing, mining. Jobs with grit. Read more →

American Steel

I know people, and you probably do too, who are out of work from the United Steel Granite City (aka Granite City Steel) closure. It’s disheartening and depressing for people who worked hard all those years, thrown into the street because of bad trade deals and stifling regulations. But President Trump has ordered the Keystone Pipeline renegotiated to require American steel pipes. That’s great news for our friends and neighbors in GC. Read more →

America’s Business is Jobs, Not College

Many of us are guilty. I am, too. You, probably. In high school (and after) we mocked the kids who took shop. The “greasers” who got credit for wrenching on cars or welding or making cabinets. It was the 1980s and shop, along with home economics, became an elective in most schools. Until the 80s, some practical life skill class was a requirement at most American public and parochial high schools. Read more →

If Donald Trump Scares You, You Should See a Depression

Guest post by Lee Presser. America’s fiscal year is October 1 to September 30. With two month left in FY16, the U.S. Treasury has already paid creditors $380,925,428,211.67 in interest costs. (That’s $381 Billion) https://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm The average interest rate was just over 2%. https://www.treasurydirect.gov/govt/rates/pd/avg/2016/2016_07.htm  It is expected that the last two month’s of this fiscal year, interest costs will increase another $45 to $66 Billion. The total FY16 interest cost may be between $426 and $447 Billion. Read more →

Don’t Make These Simple Mistakes About Debt

Our present crisis is the result of: * Too much borrowing * Too much spending * Too much government control * Too much taxing Those who argue that America needs to borrow, spend, regulate, and tax more are simply wrong, wrong, wrong. Their argument is absurd on its face. The way to increase revenue to government is to increase the economic activity of the people. You do that by giving the people maximum control over their destinies. Read more →

80 Percent of Americans Read This Blog Every Day

I’ll be honest with you: I’ve lied. Usually out of desperation. I’ve lied to those closest to me—those most willing to forgive the thing I lied about. I’ve also told the truth to my own detriment. In the long run, the latter works best. In fact, telling the truth works best in the short run, too. So maybe Obama’s desperate. Maybe he knows that the debt ceiling debate is the beginning of the unraveling of Americum Sovieticum, his life-long dream. Read more →

Simply Staggering

The federal budget deficit in the month of February 2011 exceeds the deficit for all of 2007 by 40 percent. Simply staggering. Yet Senate Democrats refuse to cut more than a paltry $6 billion. They refuse because they seem bent on collapsing the American system – the economy, the government, and the people themselves. But at least the Obama administration stands by with its arms folded as gasoline prices skyrocket at the their fastest pace in history. Read more →

4 Ways Government Can Help Create Shared Value

Last week I wrote about Creating Shared Value. In that post, I pointed to a Harvard Business Review article by Michael Porter and Mark Kramer. If you haven’t read both my post and the Michael Porter piece, please do so now. I’ll wait. Now that you’re up to date, let me add the Tea Party angle to this. Though Porter did not dwell on government’s role in Creating Shared Value (CSV), he did point out that government must reform for CSV to succeed. Read more →

Jay Nixon Putting Party Ahead of Missouri? UPDATE

Last week, the Illinois legislature passed a massive income tax increase on individuals and businesses. Overall, it represents about a 67 percent income tax increase. In response, neighboring states of Wisconsin and Indiana have wisely mounted massive campaigns to suck businesses and people out of Illinois. Even New Jersey’s fabulous governor, Chris Christie, plans to fish the Land o’ Lincoln for some business transplants. One state bordering Illinois has been notoriously silent. Read more →