Lean, effective government, lower taxes, and pro-growth regulations will revive the U.S. economy far better than bailouts for mismanaged states.
The president cannot easily influence the stock market over time, or the economy. Nor should he be able to.
The Dow’s record-setting performance might appear to reflect the strong performance of its 30 component corporations. Instead, it shows how financial engineering masks market weakness.
While low-skill immigrants compete with low-skill Americans for jobs, in the long-term they increase their skills, start businesses, and boost the American economy.
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