Economic Commentary
Lessons from the Greek Crisis
As the Greek economy descends into political and economic chaos, it's only natural for Americans to wonder how the United States can avoid...
Recalcitrant Unions Force N. Las Vegas to Suspend Labor Agreements
Last Friday the City Council of North Las Vegas, Nevada’s fourth largest city just north and east of Las Vegas, voted unanimously to...
Read moreState and Local Pension Plans Underfunded by Half
The latest report from the nonpartisan Center for Retirement Research (CRR) at Boston College was brutal in its assessment of the status of...
Read moreGAO Finds Rampant Waste in $18B Federal Job-training Program
A new Government Accountability Office (GAO) study, commissioned by Sen. Tom Coburn (Okla.), is questioning the federal government’s $18-billion job training program. ...
Read moreGov. Jerry Brown Asks California Voters to Support Tax Hike
California Governor Jerry Brown is calling for higher taxes as lethargic economic growth has left his state in fiscal turmoil. Brown also mentioned...
Read moreThis Economy Even Confuses the Experts
Two Wall Street economists, Daniel Gross and Gary Shlling, look at the same jobs numbers and come to opposite conclusions, hoping to sell...
Read moreIs America Embracing the 10 Tenets of the Communist Manifesto?
Karl Marx and Friedrich Engels, the purported founders of communism, established in the 19th century a government paradigm that transformed Europe and other...
Read moreTransparency and The Fed: Transcripts Belie Rhetoric
Five hundred pages of redactions. Mostly blank pages. That's what the public gets to see in the transcripts of the Federal Reserve Open...
Read moreTaxmageddon Looms as Taxpayers Await $500B in Tax Increases
Tax Armageddon, or "Taxmageddon," looms on the horizon, as $500 billion in tax cuts will all be expiring at the end of the...
Read moreHostess to Unions: No More Sugar for You
When Hostess Brands, maker of Wonder Bread, Twinkies, and Ding Dongs, declared bankruptcy on January 12, it said it can’t make interest payments...
Read moreBuffett Rule Foolishness
On Monday, April 16, the U.S. Senate is scheduled to vote on a procedural motion intended to move the so-called Buffett Rule forward....
Read moreBernanke Admits Borrowing and Spending Are Disastrous for Economy
Federal Reserve Chairman Ben Bernanke declared this week that too much borrowing and spending will eventually destroy the nation’s economy. Of course, a...
Read moreOur Marxist Tax Code
Tax season is winding down once again, but the progressivity of the tax code is still with us. Most Americans who had more...
Read moreJustice Department to Sue Apple, Publishers for eBook Price Collusion
When the Justice Department announced in March that it intended to sue Apple and five book publishers for collusion over the pricing of...
Read moreBoom and Bust in Stockton, California
When Ann Johnston (left), Mayor of Stockton, California, informed the city council in March that Stockton was about to go bankrupt, making it...
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