Potential good and bad for the year ahead.

The annual “best and worst” column features elections in Argentina and Colorado, positive education developments, and Chinese regression.

All the new spending and all the new debt will produce bad results.

Reckless fiscal policy at some point will produce a crisis.

Can a bipartisan commission save our fiscal future?

There is very little reason for hope, especially with the IMF subsidizing Argentina’s profligacy

There’s little reason for future optimism.

A major problem for tax-and-transfer welfare states is looming.

Why do these nations have higher debt levels? The reason is simple and predictable.

You can’t have big government without pillaging ordinary people.