Obama Is Counting on Myths, Errors, and Ignorance for His Reelection
Nate Silver’s article in the New York Times on President Obama’s reelection chances looked carefully at three major influences that could determine the outcome...
About: Bob Adelmann
Posts by Bob Adelmann
Deflation: Good and Bad
Economist Gary Shilling’s claim that the U.S. economy is on the edge of deflation defies the Bureau of Labor Statistics’ recent announcement that...
Fed Chairman Bernanke Is on the Defensive
Fed Chairman Ben Bernanke’s news conference on November 2 included the admission that the Fed is depending on hope and patience to see...
The Bankruptcy of MF Global: So Much for Financial Regulation
After spending the entire weekend trying to sell his company, MF Global, Chairman Jon Corzine finally capitulated, and his board declared bankruptcy on...
The October Jobs Report: Precious Little Good News
There was precious little good news in the latest employment report from the Bureau of Labor Statistics (BLS) for October. Employment rose by...
Brazil to Replace Great Britain as World’s 6th Largest Economy
With the discovery of huge oil fields off the coast of Brazil in the fall of 2007 came estimates of just what impact...
North American Oil Development Is Reducing Demand for Foreign Oil
The September 15 report from the National Petroleum Council expressed surprise at how much has changed just since their “Hard Truths” report of...
New Study Shows Public School Teachers Are Overpaid
Despite the public perception that public school teachers in general are underpaid, Jason Richwine, senior policy analyst at the Heritage Foundation and co-author...
On Halloween, Nat’l Debt Exceeds Gross Domestic Product
A little-noticed event occurred at approximately midnight on Monday, October 31, 2011: The national debt of the United States exceeded, for the first...
Greek Prime Minister Throws Monkey Wrench into Eurozone “Deal”
Prime Minister George Papandreou’s surprise call for a referendum on the new austerity measures demanded by last week’s eurozone “deal” caught everyone off...
The Oil Map of the World Is Shifting to the West
Writing in the Washington Post on Friday, Daniel Yergin, author of The Prize: The Epic Quest for Oil, Money and Power (which was adapted...
Walker Rules Save Wisc. School Districts Millions
In late September the Wisconsin Education Association Trust (WEA Trust) announced that it had successfully outbid another insurance carrier to provide health insurance...
Perry’s Cut, Balance, and Grow Flat Tax Plan
Texas Governor and Republican presidential candidate Rick Perry spelled out the details of his “Cut, Balance, and Grow” flat tax plan on October...
Now That Greece Is “Fixed,” Portugal Is Next
If the decline in the Portuguese money supply for September is annualized, it will shrink by more than 20 percent, presaging more economic...
The Euro “Deal” — More Questions Than Answers
Following the Eurozone summit meeting in Brussels, European Council President Herman Van Rompuy announced the results of the late-night negotiations: "From a series of...