Lots of blah, blah, blah in Washington about whether or not to extend those Bush tax cuts, and to whom, and for how long. The problem with arguing about such things, of course, is that no one really knows what … Continue reading →
Send not to know for whom the bell tolls, It tolls for thee. The more Europe yokes its economies together, the more likely it is that problems with one country will pull the others down. The idea, of course, was … Continue reading →
We’ve certainly been getting mixed messages today. When I first saw this piece suggesting that Axelrod had put out the word that Obama was ready to capitulate on the complete list of Bush tax cuts, even for the wealthy, I … Continue reading →
…but there may be more trouble ahead. I don’t pretend to have a truly informed opinion on what will actually happen. But I’ve heard a great many ominous rumblings about it.
Continue reading →Lou Dobbs has raised the ire of the left because he’s against illegal immigration, and has criticized firms that hire illegals. Now the intrepid Nation has mounted a year-long investigation to turn up illegals in Dobbs’s past, and they have … Continue reading →
This is one of those fabulous unintended consequences of Obamacare: While many restaurants don’t offer health coverage, McDonald’s provides mini-med plans for workers at 10,500 U.S. locations, most of them franchised. A single worker can pay $14 a week for … Continue reading →
Note the following, from a 2007 (that is: pre-Obama, pre-financial meltdown) review of The Forgotten Man, the Amity Shlaes book on the Great Depression: As Shlaes emphasizes, the New Dealers tended to see business as an institution to be squeezed … Continue reading →
…what you think it means: Pelosi’s word, by the way, is “momentum.” I think she’s using it to mean, “nowhere to go but up.” The phrase occurs around 8:10 here:I listened to the whole thing, quite fascinated with Pelosi’s arguments … Continue reading →
The White House has announced that economics adviser Larry Summers is leaving. I’ve been anticipating this move for quite some time (see this), and I’m certainly not the only one (see this). The real question is: why is Summers leaving? … Continue reading →
…all your money really belongs to us anyway, so why not just skip the middleman: you! Perhaps it’s only a matter of time, although for now the proposal is still considered “radical:” The UK’s tax collection agency is putting forth … Continue reading →
Labor Day is the bookend on the opposite end of summer from its holiday beginning, Memorial Day. July Fourth is its early peak, with the promise of many long light-filled days ahead. But Labor Day is summer’s last gasp, the … Continue reading →
Summary of this month’s job report: the news is not good. Summary of Obama administration reaction: hey, it could be worse! Well gee, isn’t that always the case? And isn’t it largely irrelevant? Just about everybody knows the truth. Even … Continue reading →