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September 2010 rss

What Good Is an Education?—September 2010(1)

September 10, 2010

In this issue: The Panic of 2011; The Second Coming of Ted Haggard; Infanticide and the Supreme Court; and much more.

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Manufacturing Bust

President Barack H. Obama, if current trends continue, will become the first Democrat to preside over a net national loss in domestic manufacturing jobs since the Bureau of Labor Statistics started reporting monthly employment data in 1939. Seven percent of manufacturing jobs nationwide (873,000) have disappeared since Obama took office.

The Panic of 2011

If you’re old or sick and have a lot of money, I suggest taking a trip out of the country, away from your heirs, until January 1, 2011. And don’t tell them where you’re going. On that date, the death tax for rich folks goes from the current 0 percent to 55 percent. So your heirs will get less than half of what they would have if you went to the Great Walmart in the Sky a day earlier.