For anyone who believes in free-markets and limited government, President Obama’s “State of the Union” address not only failed to provide hope for a change of course, it instilled concern that the White House would pursue a more radical one.

“Work keeps a bay three great evils: Boredom, Vice and Need.”  Voltaire, 1759 "Work is the surest route out of poverty”   Nick Clegg, Deputy Prime Minister of England

During the holiday season, we are often reminded to give to those that are less fortunate. This time of year, many of us reach into our own pockets to donate to charitable causes that we hold dear. Even in the face of tough economic times, Americans have shown that we are still generous with our hard-earned money. In 2009, Americans voluntarily gave an estimated $307.65 billion to private charities.

USA Today reports that a record number of Americans—one in six—are now dependent on government anti-poverty programs. Since the recession began in December 2007, the enrollment and cost of government programs have grown at an alarming rate.

Today, President Obama signed legislation to extend unemployment benefits. Congress claims this measure is both necessary and beneficial. Art Laffer wrote an excellent piece in the Wall Street Journal a couple weeks ago explaining why such claims demonstrate flawed and dangerous thinking. Extending benefits will extend unemployment.

Albert Einstein once said that insanity was “doing the same thing over and over again and expecting different results". Under this definition, most members of Congress could be classified as insane, especially when it comes to solving the financial crisis. 

Earlier today, the U.S.

Earlier today, Automatic Data Processing (ADP) released a report indicating that the economy gained a total of 55,000 private sector jobs in May.  That number fell short of expectations.  Most economists predicted an increase of 60,000 new private sector jobs for the month.May marks the fourth consecutive month that employment has risen, but the upturn has been modest.  The economy has been addin

As I noted back in March, Americans are more dependent on the federal government than ever before:For the first time since the Great Depression, Americans are receiving more money in government aid than they are paying in taxes.Well, according to analysis found in this morning's http://www.usatoday.com/?loc=interstitialskip