The Washington Examiner explains that America’s Founders would be aghast to see how modern politicians have accumulated $trillions of debt. That may be true, but the editorial is nonetheless unsatisfactory because it’s quite likely that the founders would be even more…
Daily Analysis
Obama’s Jobs Fantasy
In a column in today’s New York Post, I mock White House unemployment calculations and then explain why companies are not anxious to hire more workers. The White House last year released a supposedly scientific analysis that claimed to show that adopting the…
You don’t need to watch old Gunsmoke episodes if you want to travel into the past. Just read the latest Congressional Budget Office “research” claiming that Obama’s so-called stimulus “increased the number of full-time-equivalent jobs by 1.8 million to 4.1 million.”…
Too Little and Too Late for Europe, Part I
Governments that tax work and subsidize sloth are committing a form of slow-motion suicide, and the Greek fiscal crisis is the canary in the coal mine of this phenomenon. Interestingly, some European governments are trying to halt the downward slide, though I suspect…