Policymakers, elected and unelected, need to be ever-mindful that the U.S. economy does not exist in isolation.


There should be an immediate moratorium on federal regulations that endanger jobs.

To maintain their own competitiveness, workers need to attain and stay current on the qualifications needed to advance in a constantly evolving economy.

Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation.

Even a healthy economy and labor market would have struggled under the additional expenses enacted and proposed in 2009 and 2010 - from healthcare mandates and higher taxes, to carbon cap-and-trade and delay in extending the last decade's tax reforms.

To foster entrepreneurship, expansion and job creation, more leaders at all levels of government have to demonstrate some understanding of what it takes to build and grow businesses in the private sector.

Confidence, capital, and credit fuel entrepreneurship and economic expansion.

As tough as it is for many college graduates to get their planned careers on track, it could be worse: They could be trying to find a job without a college degree.

The Democratic Party's governing elite has long believed there is no problem that European-style policies cannot cure.

European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers.

When the Smoot-Hawley bill landed on President Herbert Hoover's desk, more than 1,000 economists urged him to veto it. Tragically, the president ignored their pleas.

Americans did not suffer alone. World trade overall fell two-thirds in the first few years of the Depression.