Karl Marx predicted the eventual withering away of the state and the 'dictatorship of the proletariat,' when the people would rule, which was sheer fantasy because it was sheer fantasy because it was based on grossly erroneous assumptions about human nature, as history would repeatedly demonstrate.
David LimbaughIn the name of compassion, Obama advocates seemingly endless extensions of unemployment benefits because his economic theology holds that by paying people not to work, you will create jobs. It not only fails to factor in the obvious deterrent that extended benefits have on their recipients but also falsely assumes that transferring money from one pocket to the next generates more spending - by some mythical multiple factor, no less. Back on planet Earth, studies reveal that extending unemployment benefits results in more unemployment.
David LimbaughAnalysts may be correct that the presidential election won't primarily turn on entitlements reform, but by choosing Paul Ryan as his running mate, Mitt Romney can, contrary to conventional wisdom, make it a winning issue and lay the foundation for a reform mandate when he wins.
David LimbaughI am neither accusing President Obama of having committed high crimes and misdemeanors nor advocating his impeachment.
David LimbaughThough there are many differences between Barack Obama and Jimmy Carter, they are strikingly similar in their poor economic records and even more so in their shared pessimism and bearishness on America.
David LimbaughThe promises of pie-in-the-sky liberal environmentalists that we can convert to 'clean' energy sources and stimulate our economy are based on dubious environmental and economic assumptions, fantastic notions about alternative energy, and a disturbing acceptance of the tyrannies inherent in command-control economies.
David Limbaugh