President Obama, on whose watch the federal debt has grown by more than $5.9 trillion, and during whose administration America has become drearily accustomed to annual deficits measured in the trillions, is now boasting about cutting the deficit.

When President Obama announced a proposed hike in the federal minimum wage rate in his State of the Union address last week, the reaction was swift. House Speaker John Boehner spoke for most Republicans in condemning the increase (from the current $7.25 an hour to $9.00), reminding his colleagues that “when you raise the price of employment, guess what happens? You get less of it.”

Congressional fiscal debates are making headlines, but in reality our representatives are unlikely to substantially cut spending — despite the harsh consequences of failing to do so.

Now that President Obama and most of his key congressional allies are safely re-elected and the so-called “fiscal cliff” negotiated, the full consequences of the most recent elections are coming into view. Despite repeated assurances he would not raise taxes on any but the wealthiest Americans, the president (with the grudging support of many congressional Republicans), has — before even being sworn into his second term in office — enacted massive tax hikes that will affect almost every working American.

Christians, despite facing intermittent bouts of slaughter at the hands of Roman leaders, not only grew in numbers over the centuries, they eventually subsumed Rome’s empire.

With Barack Obama in the presidency for a second term and Democrats still control the Senate, we can forecast U.S. foreign policy, financial policy, and government growth.

In the wake of Hurricane Sandy and Democratic gains in the 2012 elections, a radical old idea is getting a second look inside the Beltway. Faced with the challenge of raising revenues to pay for exploding federal government costs that neither party has any interest in reducing, the carbon tax is suddenly attracting the interest of the Left and Right.