Minnesota, Wisconsin, Connecticut Rank in the Top 10 Most Prosperous States as Michigan and Iowa Lag

Minnesota and Wisconsin placed in the top 10 of a recent nationwide prosperity index while Iowa and Michigan trailed behind, at 12th and 29th, respectively. 

Wisconsin placed third and Minnesota placed eighth in the American Dream Prosperity Index that the Milken Center for Advancing the American Dream produced with Legatum Institute. The index measures prosperity through three domains: Inclusive Societies, Open Economies and Empowered People. The domains contain 11 pillars of prosperity that are built on 49 actionable policy areas and more than 200 indicators.

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Herman Cain Commentary: Five Things We Can Be Thankful For in the Trump Era

by Herman Cain   It’s the season of gratitude and time to take measure of the great ways we can appreciate all that we have as Americans. Here are five things that Donald Trump has done for our country, for which we can all be grateful as one nation. Historic Prosperity GDP data strongly indicate that the American economy is on pace to grow by more than 3 percent in 2018 — maybe even 3.5 percent. Democrats like Barack Obama said it couldn’t be done — that sluggish growth of 2 percent or less was the “new normal” and we should just get used to it. I, for one, am thankful President Trump proved that those pessimistic projections were utter nonsense. In just 22 months, President Trump has delivered historic levels of job creation. Unemployment is at an all-time low for Black and Hispanic Americans. Consumer confidence is at an 18-year high. Wages are growing for ordinary Americans. Small business confidence is at a 45-year high. American manufacturing operations are hiring once again. There’s something for everyone to be thankful for in this economy. Avoided Foreign Wars Compared to his predecessors, fewer U.S. servicemen and women have been deployed overseas thanks to President Trump’s judicious use of the American military. This is not…

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Analysis: White House Releases Report Outlining the Problems of Socialism

by Joe Carter   On Tuesday the White House released “The Opportunity Costs of Socialism,” a report outlining the “opportunity costs of socialism on the macro economy, including standards of living, and the impact on the Federal budget.” The following is a summary and anaysis of its findings. What is the purpose of the report? The purpose of 70-page report (the main text is 55 pages while the list of references is 15 pages), which was produced by the Council of Economic Advisers, is to “evaluate the claims of modern U.S. socialists from the perspective of economists who have extensively studied the costs and benefits of socialism. We examine socialism’s historical and modern vision and intent, its economic incentives, its impact around the world on economic performance, and its relationship with recent policy proposals in the U.S.” What is the Council of Economic Advisers? The Council of Economic Advisers (CEA) is an agency within the Executive Office of the President that is charged with offering the President objective economic advice on the formulation of both domestic and international economic policy. Congress established the three-member council in the Employment Act of 1946. The portion of the bill that authorizes the CEA…

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Commentary: The Ticking Fiscal Time Bomb Set in 1937 Could Tip America Into Despotism by 2030

US Flag

by Robert Osburn   Celebrated this past July 4, America’s founding story of freedom is truly remarkable: unity, courage, integrity, and national integration (incorporating people from around the world). In most other places, the freedom story is bloody, exclusive, and, ultimately, tyrannical. Take Nicaragua, for one example: In 1979, the Sandinistas overthrew dictator Anastasio Somoza.  Nearly four decades later, hundreds are dying because the very people who led the Sandinista revolution (Daniel Ortega and friends, now in power) are behaving exactly like Somoza.  It’s déjà vu all over again for our Central American neighbors. In an age when democracy is clearly retreating, will America eventually succumb to autocracy while waving sayonara to democracy?    It’s a question that National Review’s JonahGoldberg once very handily dismissed. He now admits that American totalitarianism is a real possibility. Utilizing a scenario-building skill that I learned during my doctoral studies, let me offer what I consider a very plausible scenario that takes America down the rathole of tyranny: Sometime between 2028 and 2034, America’s president will use executive or emergency powers to solve the nation’s Social Security trust fund crisis. As Americans celebrate that presidential act of courage, we will begin the long road to tyranny because we cannot rule ourselves.  Does this remind anyone of the books of Judges and I Samuel when, because everyone did what was right…

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