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How Obamacare Hurts Job Creation
Tweet Share on Facebook March 30, 2012 Comment (9)Steve Zelnak is a member of the Job Creators Alliance, a nonprofit committed to the defense of the free enterprise system, the chairman of the Board of Directors and former CEO of Martin Marietta Materials, Inc., and chairman and majority owner of ZP Enterprises.
A lot of attention in Washington and around the country has been focused on the Supreme Court as it has considered the constitutionality of the Patient Protection and Affordable Care Act—or, Obamacare. Business owners have also been watching closely, if not nervously, because of the sheer implications that the law has on their ability to keep their doors open during these difficult economic times.
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Entrepreneurship Comes Down to Execution, Not Just Ideas
Tweet Share on Facebook March 30, 2012 Comment (1)Gregg Fairbrothers is an adjunct professor of Business Administration at Dartmouth's Tuck School of Business and founding director of the Dartmouth Entrepreneurial Network.
My co-author in another opinion column, Catalina Gorla, wrote me in an E-mail Wednesday:
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How the Affordable Care Act Helps the U.S. Economy
Tweet Share on Facebook March 29, 2012 Comment (14)David Brodwin is a cofounder and board member of American Sustainable Business Council.
This week, the Supreme Court heard arguments over whether President Obama’s healthcare legislation is constitutional. It’s easy to get lost in tedious legal details, but let’s not neglect the critical patient at the heart of this case: the U.S. economy. If we don’t take bold steps to reinvent our healthcare system, that patient will decline and die.
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A Carbon Tax Is Smart Energy and Budget Policy
Tweet Share on Facebook March 29, 2012 Comment (7)Chad Stone is chief economist at the Center on Budget and Policy Priorities.
Policymakers who are serious about addressing the nation’s long-term fiscal problems should look closely at the merits of “putting a price on carbon.” A carbon tax or similar policy is a “two-fer” that would give businesses and households a better price signal to guide their decisions about energy use, and that would raise revenue to reduce the budget deficit.
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Trade War Looms as China Objects to European Union Carbon Fees
Tweet Share on Facebook March 28, 2012 Comment (7)Robert Hahn is director of economics at Oxford's Smith School, chief economist at the Legatum Institute, and a senior fellow at the Georgetown Center for Business and Public Policy. Peter Passell is a senior fellow at the Milken Institute in Santa Monica and the editor of its quarterly economic policy journal, The Milken Institute Review. They co-founded Regulation2point0.org, a web portal on economic regulation.
China’s opposition to European Union rules that will require commercial jets flying European routes to pay carbon emission fees is (in the diplomatic language reserved for such matters) unfortunate. Expressing its opposition by threatening to boycott Airbus, the giant European aircraft manufacturer, is much worse—an early sign of the almost inevitable spillover from climate policy discord to international trade battles that will pit the European Union against its fastest growing customers.
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Healthcare Law Highlights Problems With Regulatory Process
Tweet Share on Facebook March 27, 2012 Comment (1)Jerry Ellig is a senior research fellow at the Mercatus Center at George Mason University. Ellig is a cocreator of the Mercatus Center Regulatory Report Card.
While the Supreme Court weighs the constitutionality of the Affordable Care Act, Congress is holding hearings on the federal regulatory process. The two topics are more closely related than you might think. The healthcare law required many regulations, and thus far, the major regulations issued to implement the Affordable Care Act serve as ugly poster children for the regulatory reform movement.
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JOBS Act Falls Short on IPO Markets
Tweet Share on Facebook March 26, 2012 Comment (2)Joseph Mason is the Moyse/LBA Chair of Banking at the Ourso School of Business at Louisiana State University and a senior fellow at the Wharton School of the University of Pennsylvania.
The JOBS Act appears to be a long-overdue Sarbanes–Oxley reform aimed at middle-sized businesses. It needs to be much, much more.
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Retirees the Victims of Federal Reserve’s War on Saving
Tweet Share on Facebook March 26, 2012 Comment (14)James Rickards is a hedge fund manager in New York City and the author of Currency Wars: The Making of the Next Global Crisis from Portfolio/Penguin. Follow him on Twitter: @JamesGRickards.
This week the Economic Policy Subcommittee of the Senate Banking Committee will hold a hearing on the shortfall in retirement savings in America. This shortfall has many causes including inadequate savings, financial mismanagement, unrealistically high projected returns by pension plans, and public policy that is hostile to investment.
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Bank of America Shows Fannie Mae How to Deal With Housing Crisis
Tweet Share on Facebook March 23, 2012 Comment (1)Eileen Appelbaum is a senior economist at the Center for Economic and Policy Research.
The decline in house prices as the bubble popped and the air went out of the housing market has devastated families forced out of foreclosed homes and communities with boarded up and deteriorating properties. An obvious solution, with support from both right and left and proposed in legislation introduced by Rep. Raul Grijalva, is to let home owners give up the deed to their homes but continue to live there as renters. With market rents far below the monthly payment on bubble-inflated mortgages, this solution could work for millions of cash-strapped families.
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Immigration Reform Is Key to Job Creation
Tweet Share on Facebook March 23, 2012 Comment (15)David Park is the cofounder and chairman of Jobs Creators Alliance.
As America continues to look for more jobs Washington can't seem to come up with an answer. We've heard solutions from policy wonks, politicians, and academics, but rarely from people who have first-hand experience actually creating jobs. The voice of the small business owner is faintly being heard, but I'm not so sure our friends on Capitol Hill are listening. There is continual talk about destructive regulations and burdensome red tape, but very little discussion over specific policies and regulations that are so burdensome and in need of reform. Well, here's one from a job creator: immigration.
