Posts tagged with: president obama

chartFueled, in part, by the Pope’s passionate appeals, the campaign to reduce income inequality is growing rapidly around the globe.

The income equality movement argues that there is a growing gap between the incomes of top earners and everyone else. This claim is supported by a recent study conducted by the International Monetary Fund. In the United States, the income growth rate for the highest income earners has significantly surpassed the national average over the past 30 years.

Many politicians, including President Obama, have called for policy changes in order to slow the growing divide. However, this concern results from a distorted understanding of the word “income” and disregards the importance of aggregate income growth.

The term “income inequality” is deceptive. It is used to imply that income equality is the norm and anything else is abnormal and harmful to society. Income is payment for services provided. If all income was equal that would mean that all services were equal. Proponents of income equality ignore the definition of income and instead emphasize the word equality. They make the erroneous assumption that equality is always good for society. Inequality has come to imply injustice, but while justice is always good for society, the benefits from equality depend on the circumstances. (more…)

Acton Institute President and Cofounder Rev. Robert A. Sirico joined host Josh Tolley on The Josh Tolley Show on the GCN Radio Network to discuss the recent meeting at the Vatican between Pope Francis and US President Barack Obama. Sirico speaks about the discrepancy between the White House and Vatican recaps of the meeting and how that reflects the different purposes that the leaders had for the meeting as well as their different approach to dealing with social problems.

You can listen to the interview using the audio player below.

Acton Institute President Rev. Robert A. Sirico joins host Dennis Miller on The Dennis Miller Show to discuss President Obama’s recent visit in Rome with Pope Francis, and the differences between the current president’s relationship with the Roman Pontiff and that of Reagan and Pope John Paul II. They also discuss the PovertyCure initiative, after which Dennis declares “Bobby Sirico” to be a “good cat,” which is high praise indeed coming from the former host of SNL’s Weekend Update. The audio is available via the player below.

In this short talk, Rev. Robert A. Sirico, co-founder and president of the Acton Institute, offers some general observations about this week’s meeting between President Obama and Pope Francis at the Vatican, and reflects on the differences in philosophy that make a Presidential/Papal alliance such as what occurred during the time of Ronald Reagan and Pope John Paul II unlikely.

Acton Institute Senior Editor Joe Carter joined host Darryl Wood’s Run to Win show on WLQV in Detroit this afternoon to discuss the issue of income inequality from a Christian perspective. The interview keyed off of Carter’s article, What Every Christian Should Know About Income Inequality. You can listen to the entire interview using the audio player below.

We’ve almost all seen some of the creepy messianic videos associated with President Obama’s 2008 presidential campaign. If you’re in need of a refresher there are examples here and here. It isn’t solely a problem of the political left though. Throughout history there has been varying belief in political saviors of different ideologies. There are many on the right who firmly believe that political changes alone will transform our culture and institutions.

However, as government dependency continues to grow to record levels, we are reaching new heights in state worship and adoration. I wrote more about this topic in “As Secularism Advances, Political Messianism Draws More Believers,” a commentary I published last year.

Currently, I am reading Worshipping the State: How Liberalism Became our State Religion by Benjamin Wiker. The book offers some good insights on the assaults on religious liberty, increased secularism, and political messiahs. Here’s an excerpt from his new book:

Modern political utopianism, as we shall see, is an attempt to discard the necessity of grace (and hence of the church), even while state power replaces grace as the instrument for perfecting man. Liberalism is more than the rejection of Christianity; it is the absorption and transformation of its doctrines. Before the Christian doctrine of grace, no one would have dared think about perfecting the whole human race–a few, select individuals, a small group or clan or class of society, yes, but not the whole human race. With Christianity, God’s grace is indeed open to all, and so all may share in the perfection of holiness, but this offered grace takes full effect only in the Kingdom of God, that is, only in heaven. Liberalism takes the church’s salvific mission and makes it a merely political goal, one to be achieved in this world by human power alone, a heaven brought down by force to earth, where we become the authors of our own salvation.

And finally, here is a look at the somewhat comical yet sad end result of state and leader worship in North Korea:

There is much talk about raising minimum wage, even to the absurd rate of $22 per hour. President Obama has promised an increase to $9 per hour. Some small business owners, feeling the pinch of these raising wages, are turning to technology to solve their economic issues.

Carla Hesseltine, who runs a small bakery, is considering eliminating employees and replacing them with tablets that will take orders:

In order for her Just Cupcakes LLC to remain profitable in the face of higher expected labor costs, Ms. Hesseltine believes the customer-ordering process “would have to be more automated” at the Virginia Beach, Va., chain, which has two strip-mall locations as well as a food van. Thus, she could eliminate the 10 workers who currently ask customers what they would like to eat.

Small business owners can only raise prices so much without damaging sales, in order to cope with increased labor costs. Of course, there are costs involved with the set-up, upkeep and repair of technology, and the intangible cost of the loss of human contact.

Many studies about the effects of higher wages on overall employment tend to be politicized, clashing over whether the benefits of higher paid workers outweigh the costs of having fewer low-wage jobs. To support President Obama’s case for an increase in the minimum wage, the White House cites a 2009 academic study that says any adverse employment effect from such would be of a small and possibly irrelevant magnitude.

The raise in minimum wage to $9 does in fact seem to be minor. However, it is clear from Ms. Hesseltine’s story alone that tinkering with the minimum wage system will have ramifications. One could argue that the loss of minimum wage jobs will be balanced out by sales of technology and the jobs created there. It remains to be seen.

800px-Livingood_Obama_State_of_the_Union_2011It was William F. Buckley who said “conservatism takes into account reality.” Reality has become the giant political obstacle for conservatives when it comes to governing, campaigning, and political messaging. It seems too many Americans still love their freedoms but eschew many of the responsibilities that come with it. That’s the crisis we face, the lack of responsibility and our collective grasp on reality.

In last night’s State of the Union Address, President Obama predictably fatigued those looking for real cuts, a limiting of the federal government, and the courage to tackle the federal debt and spending crisis. The president set the agenda on the sequester issue by calling decreases in the rate of growth, “cuts.” It’s not even close to the reality we face as a nation when it comes to the need for real cuts to address our federal debt.

Obama even offered new government spending initiatives such as pre-kindergarten, climate change legislation, and more federal “jobs” programs. Obama called for tax reform too, embracing further tax increases for the productive sector and the savers and investors. It’s a far cry from the president’s promise to cut the deficit in half by the end of his first term in office. Instead, it has increased by $6 trillion under his watch.

Our federal spending is increasing poverty and government dependence. It is making us poorer and crippling future economic opportunities for Americans. The president missed the grand opportunity to address the reality of the crisis we face. He intoned that, “deficit reduction alone is not a spending plan.” True enough, but increased government spending and the inability to deal with spending is the grand failure of Washington and both political parties.

In the GOP response, it may be that Marco Rubio struck a much too partisan tone and appeared just to be reacting out of opposition to the president. I thought Rand Paul, with his tea party response, struck the right chord and spoke the truth about the monumental crisis we face. He cut through the spending problem directly stating, “Every debate in Washington is about how much to increase spending – a little or a lot.” He directly addressed the deeper obligations of government within the constitution and should receive credit for laying out the problem, even if you don’t agree with how he wants to address it.

Bobby Jindal, Louisiana’s Governor, made a powerful point too after the president’s remarks about the shifting of greed to the government sector. The larger point is that the private sector is dwindling in significance, and being swallowed by government growth and strangulation. Unfortunately, as a nation, right now, there is not enough collective courage and responsibility to deal with the reality in Washington.

President Obama has been re-elected, and as many commentators point out, he faces a nation even more divided than when he took office.

In his victory speech, the President’s message came back to unity, how “we rise and fall together as one nation and as one people.” This comes, I should note, after a campaign that sought to demonize the rich and downplay the efforts of the entrepreneur. For those who believe prosperity comes from a full-scope appreciation of mankind, from the minimum-wage worker to the business owner, the President’s calls for national unity likely ring hollow. This is an administration that has taken a fracturing zero-sum approach to human engagement. If unity is at all possible, as the President hopes, it will require a fundamental realignment of rhetoric and policy.

Yet I am hopeful that such a realignment is indeed possible. Unlike his victory speech in 2008, the President seemed refreshingly aware of the inevitability of ideological conflict. “Each of us has deeply held beliefs,” said the President. “And when we go through tough times, when we make big decisions as a country, it necessarily stirs passions, stirs up controversy. That won’t change after tonight, and it shouldn’t.”

As I’ve written elsewhere, this stirring of the passions is a positive sign of social and moral engagement—what Madison called democracy’s “relief”. If properly identified and channeled, such sparring can be a boon for authentic unity should we actually recognize our disagreements and move to the dirty work of sorting things out. Ideology is important, and the first step to restoring economic confidence, whether through the investor, the entrepreneur, or the low-level laborer, will be for this administration to recognize that it has thus far led a significant segment of economic producers to feel isolated, insecure, and picked on.
(more…)

At some point in tonight’s foreign policy debate between the two presidential candidates, Governor Mitt Romney should send his very capable inner wonk on a long coffee break and press a big-picture truth that otherwise will go begging: America’s strength on the international stage requires economic strength, and our economic strength cannot long endure under the weight of a government so swollen in size that it stifles human enterprise.

The connection between economic freedom and economic growth is well-established. The connection between the relative strength of a nation’s economy and its strength on the international stage is also well established.

There are a lot of reasons for this, but it’s maybe easiest to grasp by thinking about technology. Our strength rests partly on our position as a technology leader, which allows our military to do more with less. But we’re unlikely to maintain that position of leadership if our government habitually suffocates our high-tech entrepreneurs under high taxes and hyper-regulation.
(more…)