Author Archives: David Nace

Nace: Just The Facts

Our nation was founded on the premises of the 17th century philosopher, John Locke that our basic rights are God given and that ordinary citizens are capable of self governance. The primary role of government is to protect those rights. These ideas were in stark contrast to the prevailing thought throughout most of history that [...]
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Fiscal Fraud

By David Nace // The original claim of the Occupy Whatever Street (OWS) movement, that large banks got a bailout while middle class America struggled as the result of high unemployment, had merit. However, that legitimate grievance was cast aside as the OWS movement was taken over by Big Labor and the Democratic Socialist Party. [...]
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Jim Crow Lives On

Most people outside of the construction industry are surprised to learn that the wages and benefits paid to workers on government construction projects are set by the government and construction unions, not by the marketplace. As taxpayers, they are generally outraged when they learn that these wages may be double the market wages in many [...]
Posted in Intrusive Government, Jobs in America, Project Labor Agreements | Tagged , | 2 Comments

How Free Enterprise Creates Prosperity

History has shown that Free Enterprise is the only economic system that allows society to benefit from individuals acting in their own rational self interest in pursuing their God-given potential. However for a society to benefit from Free Enterprise, its government must recognize and support the inalienable right of its citizens to pursue their dreams. [...]
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The Cost of Complacency

Despite the lofty words of the Declaration of Independence and the Constitution, the reality is those that pay for government have very little say in it. Because politicians have come to expect the complacent behavior from taxpaying public, those that pay for the cost of government have found that their tax contribution has very little [...]
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Legitimizing Theft

How do you legitimize taking wealth from the citizens of a country that produce wealth and jobs and give it to those that do not? A hundred years ago, collectivists could rely on the writings of Karl Marx to promote class envy and advocate class warfare to create a utopian communist state where the means [...]
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Who Benefits From America’s Industrial Demise?

Like it or not we live in a global economy. If the Obama administration enacts policies that make it too expensive to manufacture products in the United States, those products will be made in other countries and shipped here. Numerous studies have documented how the grossly misnamed Affordable Energy Act of 2009, also known as [...]
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The Party of Big Business

Ever since FDR was elected president in 1932, the Republican Party has been vilified by liberals and the news media as the party of large corporations and the defender of greedy capitalists. That claim is not supported by the facts. In the past decade, large corporations in many industries have contributed far more money to [...]
Posted in The Economy | 1 Comment

Taxation Without Representation

This was the cry of the American colonies in 1765 when the British Parliament passed the Stamp Act. This was the first British attempt at direct taxation designed to raise revenue rather then regulate trade. The American response was an almost complete boycott of British made goods until the Stamp Act was repealed. Almost 250 [...]
Posted in The Economy | Tagged | 2 Comments

The Living Wage Illusion

Like so many other concepts promoted by the left, self-proclaimed progressives and their allies in organized labor have used the term “living wage” to mislead the public and justify government intervention in this case on behalf of organized labor. While the term “living wage” evokes sympathy and sounds innocuous, the real objective of the “living [...]
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