Why should we expect the Fed Chairman to solve a crisis he didn’t see coming?
The foundation stones of Iran’s Islamic Republic were shaken again yesterday, showing that the largest antigovernment movement in its 30 years may be one of the biggest stories of next year as well. Now imagine the possibilities if the Obama Administration began to support Iran’s democrats.The perseverance of the so-called Green Movement is something to […]
There is scope for debate – and innumerable newspaper quizzes – about who was the most influential public figure of the year, or which the most significant event. But there can be little doubt which word won the prize for most important adjective. 2009 was the year in which “global” swept the rest of the […]
The catastrophe that struck America’s financial system in 2008 was not inevitable. Rather than a failure of markets, it was a failure by government to understand its proper role in markets — and the product of an unwise (and unnecessary) abandonment of a sensible system of rules and boundaries that had served American finance well […]
The estimated time when whites will no longer make up the majority of Americans has been pushed back eight years — to 2050 — because the recession and stricter immigration policies have slowed the flow of foreigners into the U.S. Census Bureau figures released Wednesday update last year’s prediction that white children would become a […]
The United States is in a tough spot. As we dig ourselves out from a serious financial crisis and a deep recession, our very efforts to recover are exacerbating much more fundamental problems that our country has let fester for too long. Beyond our short-term worries, and behind many of today’s political debates, lurks the […]
President Obama used his speech rolling out a stimulus-style jobs program Tuesday to point the finger at Republicans for allegedly facilitating the economic crisis and then foisting it off on his administration to solve. via FOXNews.com – Obama Pitches Jobs Program, Points Finger at GOP for Economic Mess.
With the news that GDP grew at 3.5% in the third quarter, it seems apparent that economic recovery is underway. How much of this was a result of government programs? To evaluate this, it is important to understand what constitutes a recovery. There are three developments needed to restore the economy to its prior vibrancy. […]