Archive for the ‘National Issues’ Category

The Beer Drinker’s Parable

The following story is often passed along by Republicans who wish their liberal friends could understand economics.  They hope that making a simple parable out of the down-side of progressive taxation they can stop the madness.  As Dr. Kamerschen (the author) and many other economist and philosophers (including my favorite Ayn Rand) have pointed out, there is no stopping the madness of self destructive societal behavior that attempts to feed on the success of others.  That’s certainly one of the factors that’s contributed to Trenton’s mess.  We love the poor and hate the rich.

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Fear the Boom and Bust – Rap Economics Video

This video is a great primer on macro-economic philosophy especially as it relates to how we think about national issues.  AND its a rap.  It doesn’t have much to do with Trenton, but everybody should know more about the basics.

Which are you?  How do you think Obama leans?

Some needed edits to the Declaration of Independence

Dear Mr. Jefferson,

It appears as though your successor, Mr. Obama, has reinterpreted your most excellent essay on the natural role of government.  Therefore, if you would be so kind, please update your declaration as edited below.

Changes are to the 1st sentence of the 2nd paragraph.


We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and, the pursuit of Happiness., public Healthcare, freedom from Mortgage foreclosure, a guaranteed Union auto job and Broadband access.


I understand, that it will be most difficult to obtain signatures from all the founding fathers on this amended version.  However, I’m sure Mr. Obama will be most appreciative of your assistance as he endeavors to re-shape the country you and your friends set forth.

Sincere regards,

Dan Dodson

Trenton, NJ

Crossroads of the Revolution

America’s quick slide into socialism

Before the takeover of GM, I would have said there is nothing that frightens me more than government health insurance.

The economic downturn and subsequent entry of the federal government in to a wide variety of private businesses left me searching for a way to think about this. I picked up my old copy of Ayn Rand’s “Atlas Shrugged” and began re-reading. Read the rest of this entry »

The case for teacher support of school-choice

I come from a family of teachers. My mother, father, both sets of grandparents, brother and aunts are all teachers. You can imagine the fun family discussions we have when I suggest that the NEA (National Education Association) is bad for them.

I’m well aware that many Republicans have strong opposition to the NEA. But at its root, the NEA is just another union. There is a natural conflict between unions and management as unions attempt to take control away from managers. The Republican party generally shares the sensibilities of managers and therefore doesn’t get much support from the union movement including the NEA. Read the rest of this entry »

A quick post on the meltdown

I’d like to call ReinventTrenton readers attention to an excellent Harvard University Panel discussion on the causes of our financial crisis.  These are some of the best economic minds in the country including a Nobel laureate and the Dean of the Havard Business School.

Harvard Panel on the Financial Meltdown 9-25-2008

Basically, there are two drivers to the current problem, one of which affects Trenton and the other one, not so much. Read the rest of this entry »

The Economics of Crime

One of, if the not the biggest thing holding back revitalization in American cities is crime.

The facts speak for themselves – cities with high crime rates generally have poor growth rates. Cities that have somehow improved their crime rate do much better.

City Comparison

New York and Washington, DC are great examples of cities that have aggressively attacked their crime issues and have unleashed unprecedented economic growth. Washington used to be the most dangerous city in America and New York was supposed to be leading the country into chaos.

Looking just at New Jersey, two cities, New Brunswick and Newark are overcoming their crime issues and generating positive population growth. Meanwhile, Asbury Park, Trenton and Camden continue to scare their populations away.

Lot’s of people have lots of things to say about crime. The police say they do all they can and blame the courts for a revolving door justice system or the public for not cooperating. Children’s advocates blame lack of after-school programs. Civil rights leaders blame racism. Parents blame everybody and Bill Cosby blames parents.

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