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TO REVIVE AMERICA, RESUSCITATE THE AMERICAN ENTREPRENEUR

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Gary McCoy / Cagle Cartoons

By Tom Purcell

Here’s a sobering fact: American entrepreneurship is in decline for the first time since the U.S. government started measuring it.

And U.S. Census Bureau data show that the U.S. ranks “12th among developed nations in terms of business startup activity,” according to Jim Clifton, chairman and CEO of Gallup.

Believe it or not, when measured in per-capita terms, socialist countries such as Denmark, Finland, New Zealand and Sweden now have more startups than we do.

So does Hungary, formerly part of the Soviet bloc, as well as Italy, which hasn’t had many successes in the economic prosperity column since before the Roman Empire collapsed.

Israel, which is a hub of innovation, entrepreneurship and economic wealth production, is the only country ahead of us that makes any sense.

But it gets worse.

“You never see it mentioned in the media, nor hear from a politician that, for the first time in 35 years, American business deaths now outnumber business births,” writes Clifton.

According to the most recent numbers, 400,000 new employer businesses — those with one or more employees, which Clifton says are the real engines of economic growth — “are being born annually nationwide, while 470,000 per year are dying.” Whereas in 2008, business startups outpaced shuttered businesses by 100,000.

If these sorry numbers don’t worry you, they should.

Clifton says that “when small and medium-sized businesses are dying faster than they’re being born, so is free enterprise. And when free enterprise dies, America dies with it.”

Declining American freedom is contributing to the decline of free enterprise. According to the sixth edition of the Legatum Institute’s Prosperity Index, released last year, America now ranks 21st among the top 25 freest countries in the world.

It isn’t rocket science. Freedom, entrepreneurship and economic prosperity go hand in hand, write the Fraser Institute’s Donald J. Boudreaux and Jason Clemens in Forbes:

“In a free market, entrepreneurs devise new products, as well as new methods of production and distribution. If consumers find entrepreneur Jones’s new product valuable enough to buy it at a price that covers its cost, Jones reaps profits. If consumers find entrepreneur Smith’s new product to not be worth the price necessary to cover its costs, Smith suffers loses that are his to bear.”

The consensual transaction through which consumers and entrepreneurs spend their own money “is by far the best means yet devised for ensuring not only that scarce resources are used as productively as possible, but also that creative human effort is continually called forth to discover ever-newer and better ways to use resources,” they write.

But America is inhibiting, rather than encouraging, consumers and entrepreneurs nowadays. It’s no wonder, then, that the economic recovery we have experienced since 2009 is the slowest in more than 70 years, says The Wall Street Journal.

And that doesn’t bode well for any American.

Want a strong military? Want to provide health care for the needy? Want to pay off our rapidly growing bills before they sink us?

Then America better remember how to unleash the genius of American entrepreneurs: tax simplification, fewer nutty regulations, lower government spending and debt to free up investment capital … .

Clifton says that America’s 6 million small businesses provide jobs for more than 100 million Americans — which produces a significant portion of the tax base we need to fund all that the government does.

“These small, medium and big businesses have generated the biggest economy in the world,” he writes. This “has allowed the country to afford lavish military and social spending and entitlements. And we’ve been able to afford all of this because, until now, we’ve dominated the world economy.”

If we want to enjoy renewed economic prosperity, we need a renewed burst of American entrepreneurship.

As goes the American entrepreneur, so goes America.

DISLIKE BUTTON

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Governor Pence Statement on August Unemployment Report

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Indianapolis – Governor Mike Pence issued the following statement as Indiana’s unemployment rate decreased to 4.6% in the month of August.

 

“Over the past twelve months, Indiana has added more than 60,000 private sector jobs, and our unemployment rate continues to fall. Indiana’s labor force participation rate continues to outpace the national average even as unemployment decreases, indicating that Hoosiers continue to be encouraged by our growing economy. Rest assured that my administration will continue to pursue policies that make Indiana a state that works.”

 

USI professors to present “RADON: Health, Hazards, and your Home”

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Dr. Kent Scheller and Dr. William Elliott, associate professors in physics and geology at the University of Southern Indiana, will present “RADON: Health, Hazards, and your Home” at 6:30 p.m. Thursday, September 24 in room 1101 in the Education and Science Center.

Their free public lecture talks about the presence of radon gas in the Tri-State. Scheller and Elliott will present findings of their research on environmental radon, its source and where it is most abundant locally. The hazards of radon in your home will be discussed, along with the options of homeowners to remove this dangerous, radioactive gas.

Scheller and Elliott’s paper, “Geochemical and γ ray characterization of Pennsylvanian black shales:

Implications for elevated home radon levels in Vanderburgh County, Indiana,” was accepted and published in the Journal of Environmental Radioactivity this summer.

 

Radon is a radioactive gas that results from the decay of uranium in the Earth’s crust. The study characterizes the presence and relative quantity of radon precursors in the Pennsylvanian black shales of southwest Indiana. Cores were drilled on the USI campus to a depth of 780 feet during exploration for coal-bed methane. Gamma ray logs of the cores were taken to measure radioactive activity. Characteristic gamma rays from various isotopes were identified confirming the presence and relative quantity of radon precursors in core samples. Geochemical analysis of cores was also conducted to measure presence and quantity of trace metals and radon precursors.

 

Of 744 homes tested in Vanderburgh County from 2007 to 2013, 169 homes (22.7 percent) had elevated radon levels greater than 4 pCi/L.  Additionally, 246 homes (33.1 percent) had measured radon levels of 2-4 pCi/L. About 80 percent of radon levels greater than 4 pCi/L are located in proximity to the Dugger and Shelburn formations, or the Shelburn and Patoka formations. These formations are stratigraphically associated with Pennsylvanian black shales, which are interpreted to be the ultimate source of radon in Vanderburgh County. High radon levels also occurred in homes built on alluvium, terrace deposits, and outwash adjacent to the Ohio River.

 

JACKPOT

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Oberbroeckling powers Eagles to 3-set sweep of William Jewell

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Senior right side hitter Erica Oberbroeckling (Westfield, Indiana) racked up a match-high 15 kills and a .464 attacking percentage to lead the University of Southern Indiana volleyball team to a 25-20, 25-17, 25-10 Great Lakes Valley Conference victory over host William Jewell College Saturday afternoon.

 

Oberbroeckling had four kills in the opening set, five in the second frame, and six in the last set as the Screaming Eagles cruised to the three-set sweep and their first GLVC win of the year.

 

USI (8-2, 1-1 GLVC) went back-and-forth with the Cardinals (4-7, 0-2 GLVC) early in the first stanza, but a 4-1 run midway through the set gave the Eagles a 14-11 edge. The Eagles used a 5-2 spurt later in the frame to extend their cushion to 21-16, a lead they would not relinquish.

 

The Eagles used a pair of 6-0 runs to earn the win in the second set. The first outburst gave the Eagles an early 8-2 advantage and the second surge put the Eagles up 24-16.

 

USI dominated the third stanza, hitting a match-best .370 while holding the Cardinals to a negative .172 attacking clip. The Eagles used a 4-0 run to break a 6-6 stalemate early in the final set; then scored eight straight points in an 11-1 run to end the match.

 

In addition to Oberbroeckling, the Eagles got eight kills and two blocks from sophomore outside hitter Shelbi Morris (Westfield, Indiana) as well as sophomore middle hitter Te’Ayla Whitfield (Fort Wayne, Indiana).

 

Junior setter Quin Shoultz (Columbus, Indiana) had 28 assists and set the Eagles’ attack to a .303 hitting percentage, while sophomore libero Shannon Farrell (Munster, Indiana) and freshman defensive specialist Haley Limper (Springfield, Illinois) finished with 15 and 10 digs, respectively.

 

USI returns to action Friday at 7 p.m. when it hosts Quincy University in a GLVC match at the Physical Activities Center. The Eagles also host Truman State University next Saturday at 3 p.m.

DON’T WORRY, BE HAPPY by Jim Redwine

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Gavel Gamut

By Jim Redwine

(Week of 21 September 2015)

DON’T WORRY, BE HAPPY

As a member of the National Judicial College faculty I have been helping teach an internet course for rural court judges. The college asked me to teach the session on Stress Management.

When I told Peg this she was dumbfounded. She said, “You? You teach other judges about managing stress? My god, you never suffer from stress; you are a carrier!”

Now, I found her reaction somewhat offensive, but since I have no idea what she meant, I didn’t let it bother me. I will just ignore it and move on. Here’s what I shared with judges from North Carolina, Mississippi, Indiana, Arizona, Colorado, Montana and Nevada. Peg may benefit as she must read this article. I probably will hear from her.

It doesn’t matter if you are a judge or a taxi driver, stress must be dealt with for mental and physical health. Stress can also be good if properly managed. The football quarterback who sees a blitzing linebacker can be motivated to think faster and create solutions on the run. A boxer facing a superior opponent can be forced to bob and weave and counterpunch.

A rural court judge dealing with a difficult ethical situation such as an acquaintanceship with parties in court can attempt to ignore the problem, not a good idea, or bring out the facts and apply tried and true techniques to resolve the situation. Either way, the judge will be under stress. Over time the gradual accumulation of stressful cases can lead to health problems and bad judgments if steps are not taken to alleviate stress, even if the judge does not develop strategies for maintaining a healthy psyche and physique.

Gentle Reader, you are stressed every day. We all are. How can we cope? There are ways and they are not difficult to implement. They start with what our mothers always told us: eat right and do the right thing.

Eating right is pretty straightforward, but how do we know what is the right thing? A few simple tests are:

  1. If you think it’s wrong, it probably is;
  2. If you wouldn’t want your words or actions to be on the front page of the newspaper, you probably shouldn’t say or do them; and,
  3. If you would not want your Mom to know, then don’t do it.

In addition to eating right and doing right, regular exercise is the best stress preventer and reliever. Walking, taking the stairs, stretching and swimming are helpful and not taxing for most.

More vigorous endeavors such as climbing, hiking, jogging, weight lifting and push-ups are good if one’s health allows.

An article by Jeanette Moniger on Web MD sets out ten useful techniques:

  1. Meditate – sit up straight with both feet on the floor, close your eyes and repeat a mantra, such as “I feel at peace”;
  2. Breathe deep – place your hand on your belly and breathe through your stomach;
  3. Be aware – this is Joseph Campbell’s major advice for life. Focus on your behavior and your surroundings;
  4. Reach out – our social network is vital to our well-being;
  5. Tune to your body – mentally scan from your toes to your scalp while breathing slowly;
  6. Decompress – put a heat wrap around your neck and shoulders for ten minutes, close your eyes, slowly roll a tennis ball over your body;
  7. Soak – lie in a tub of warm water for twenty minutes with your eyes closed;
  8. Music – develop a list of favorite, soothing songs;
  9. Laugh out loud – think of pleasant and funny things; and,
  10. Be grateful – keep a journal of blessings and review it often.

As Dr. Philip Saul says:

“Managing stress is the task of wellness. Understand your feelings, pay attention to your emotions, your physical and spiritual well-being, and the ways in which the stressors may be affecting you. Do you sleep enough? Are you drinking too much? Have you gained considerable weight? Do you feel tired a lot? Do you find little joy in life? Do you avoid close relationships?” If so, these are signs of stress.

Or as Rudyard Kipling says, “If you can fill the unforgiving minute with sixty seconds of distance run”, stress can be your friend, not your enemy.

Vanderburgh County Recent Booking Reports

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DON’T GO TO COURT ALONE. CALL IVAN ARNAEZ @ 812-424-6671.

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Adopt a Pet

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Bubblegum id s 2 year old Lionhead rabbit. She is very sweet. Her adoption fee is $30 and included her spay.

The VHS is open for adoptions and viewing Tuesday – Saturday from Noon – 6 PM. You can check out more animals on our website at www.vhslifesaver.org.