Economic Commentary
Finally, a Sensible Solution to Unemployment
When Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, wrote in Bloomberg.com that “the biggest problem with the labor market...
Why Reich Is Wrong
When former Labor Secretary Robert Reich offered his solutions for ending the Great Recession in the New York Times, he repeated the same...
Read moreObama’s New Stimulus Target: Infrastructure
If it is true, as Albert Einstein is alleged to have said, that insanity consists of doing the same thing over and over...
Read moreWhen You Know You’re Bankrupt …
You simply can’t make ends meet. You don’t want to spend more than you’re making, but the income is significantly smaller than the...
Read moreBernanke: More Fed Stimuli if Economy Slumps
After more than two years of intervention in the economy by the Federal Reserve, the economy is showing signs of sliding back into...
Read moreTrue Federal Debt $202 Trillion, Kotlikoff Says
Think you’re scared enough about the economy, the ballooning deficit, and the prospect of ruinous tax rates and runaway inflation to pay for...
Read moreFed’s Bernanke Running Out of Options
When Fed Chairman Ben Bernanke speaks on Friday at the Fed’s annual meeting in Jackson Hole, Wyoming, Fed-watchers from around the world will...
Read moreObama “Recovery” Loses Another 500,000 Jobs
Following on the heals of the previous week’s stunning 484,000 new unemployment claims, the rise to 500,000 announced August 19 offers proof that...
Read moreIs Our National Debt Nothing to Worry About?
A national debt is nothing to worry about, because “we owe it to ourselves” —so runs one of the more popular sophisms of...
Read moreCutting Taxes Is Again in Vogue
Cutting taxes is again in vogue in a Washington, D.C., increasingly dismayed by the utter inability of the massive Obama stimulus package...
Read moreFiscal Challenges: A Way Out
Economist Niall Ferguson of Harvard wrote an article entitled “Complexity and Collapse” for the March/April issue of Foreign Affairs, a publication of the...
Read moreHow Relevant Is Ayn Rand Today?
It was news to many when Scott Powell announced that an obscure novel published in 1957, Atlas Shrugged, “may be second to the...
Read moreMortgage Summit: No New Ideas
When Kevin Hall, writing for McClatchy Newspapers, said “the Obama administration got what it was looking for at its summit on the future...
Read moreOnly $5.6 Million to Create One $47,000/Year Job!
They're from the government and they're here to help us ... for a price — a very big price. ...
Read more“The Ecstasy of Empire” and the Agony of Tyranny
Infowars.com, the website founded by self-described “aggressive constitutionalist” Alex Jones, published an article by former Reagan Treasury Department official and co-author of Reaganomics,...
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