Kenneth Spence

Posts by Kenneth Spence

Samuel Gregg: Tea Party a Force in 2012

Director of Research Samuel Gregg is among those reacting to last night’s CNN/Tea Party Debate on National Review Online. His first point is that “when CNN hosts a Tea Party–sponsored debate, you know we’re not in 2008 anymore.” Gregg’s take is that the debate was a lot more mainstream than the network wanted us to think, and that the economic questions raised and debated are going to be the central issues of the 2012 election: Almost all of the candidates demonstrated their ability to raise sharp questions about the present administration’s specific policies but also about the basic philosophy informing those positions. Continue Reading...

Samuel Gregg: Pope’s Work Cut out for Him in Germany

Director of Research Samuel Gregg has written a special report for the American Spectator about Benedict XVI’s upcoming trip to Germany. The recent World Youth Day in Spain may have looked like a bigger challenge for Benedict, but Gregg says that Germany, while its economy looks good, is facing rough seas ahead. Continue Reading...

Samuel Gregg: Obama’s Speech Misses It

Over at National Review Online, a panel of experts reacts to last night’s jobs speech by President Obama. Acton’s director of research, Samuel Gregg, was not encouraged by what he heard: a jumble of disproven Keynesian theories and strong-man rhetoric. Continue Reading...

Big Labor Dumps Rerum Novarum

Union leaders have been jockeying for position ahead of President Obama’s “jobs speech,” since the proposals he makes will be big opportunities for organized labor. AFL-CIO head Dick Trumka has asked the president to spend with abandon, and has reminded him rather ominously, “This is going to be a moment in history when our members are going to judge him.” Teamsters boss James Hoffa has called for the President to force companies with cash in the bank to spend that money on new hires. Continue Reading...

Jumping the Shark: Hoffa’s Rant and Rerum Novarum

James Hoffa put on quite a performance this weekend—first on CNN’s “State of the Union,” and then in Detroit at a Labor rally with President Obama. Also this weekend, President Biden revealed that the White House seems to have given up and decided America is already a “house divided,” with “barbarians at the gate” in the form of the Tea Party. Continue Reading...

Gregg’s Take on Labor Day Debate

Yesterday, five leading Republican candidates participated in the Palmetto Freedom Forum, a serious debate on constitutional principles. Mitt Romney, Michelle Bachmann, Newt Gingrich, Ron Paul, and Herman Cain answered questions from Tea Party congressmen Jim DeMint and Steve King, and Princeton professor Robert P. Continue Reading...

How to Deliver a Recession: Cut Brake Lines, Accelerate Toward Cliff

Economic historian Brian Domitrovic has an interesting post up at his Forbes blog, Past & Present, on the proximate causes of the 2008 meltdown. According to Domitrovic, uncoordinated, even “weird” fiscal and budgetary policy in the early 2000s kept investors on the sidelines, and then flooded the system with easy money. Continue Reading...