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Good Jobs (13) Robert M. Solow
“The same fear of loss of jobs and outflow of capital has been expressed over the years with respect to other Third World countries, to other poor countries, and here we are in the U.S. now with the lowest unemployment rate in God knows how long. China will compete for some low-wage jobs with Americans. And their market will provide jobs for higher wage, more skilled people. And that’s a bargain for us.”Return to the Commons
Our latest Compass Point is by James M. Roberts, long-time research fellow at the Heritage Foundation and co-editor of their Index of Economic Freedom, reflecting on his experience in the conservative establishment and the perils of a political movement running on autopilot. “Conservatives are fond of warning that a government program, once established, never dies,” […]
The rebuttal delivered by Jon Lovitz’s Michael Dukakis, in his debate with Dana Carvey’s George H. W. Bush, is one of Saturday Night Live’s most famous political punchlines: “I can’t believe I’m losing to this guy.” The New York City audience went nuts—neither could they believe Dukakis was losing to Bush. But, of course, the […]