Some (modest) happy news for Americans.

An impressive case of convergence in a relatively short period of time.

They need to prepare themselves for demographic decline.

Free market reforms are paying dividends.

Why do they want to ruin a good thing?

I got a few cranky emails after my post suggesting the United States should copy the Baltic nations and implement genuine spending cuts. These less-than-friendly pen pals were upset that I favorably commented on the fiscal discipline of Estonia, Lithuania, and Latvia while failing to reveal that these nations were suffering from high unemployment. From […]