Joel Kotkin details the rise, and then the perplexing decline and fall, of the great state of California. It turns out that Californians were the barbarians at their own gates; it was an act of self-destruction, fueled by the unforeseen … Continue reading →
Ah, have sympathy for us poor (in the literal sense of the word) boomers, even though many of you hate our aging guts: …[C]urrent and prospective retirees have been hit on many fronts at once: They have less money, they … Continue reading →
Please read this cri de coeur, found on a comments page at the WaPo, written by commenter “sayoung809132001” and posted on August 7, 2010 at 1:07:14 PM,: I urge the new republicans who are now running to reach out to … Continue reading →
Why is Oakland having to cut back on its police services, to the point of not responding to forty-four categories of crime, including grand theft? As Josh Barro writes, it depends on what the meaning of “afford” is: At current … Continue reading →
Here we go again: another 2000-plus-page bill that is a pastiche of disparate elements that no one quite understands. It doesn’t do much to change the things that contributed most to the financial debacle in the first place (including both … Continue reading →
Ah, those evil health insurance companies, refusing to enroll sick people in their individual programs (although they were covered in large group insurance), and forcing them into high risk pools. Greedy nasty capitalists, sucking our blood like the vampires they … Continue reading →
This book sounds interesting: Like a pair of financial sleuths, Ms. Reinhart and her collaborator from Harvard, Kenneth S. Rogoff, have spent years investigating wreckage scattered across documents from nearly a millennium of economic crises and collapses. They have wandered … Continue reading →
One of Obama’s biggest boosters, Eleanor Clift of Newsweek, bemoans the fact that somehow, the great articulator/communicator/orator has failed to clarify his economic policy. Oh, if only he could explain to the slow-on-the-draw people the big picture—which is, which is…what, … Continue reading →
…to the Democratic Party and to the nation. The former, however, may not realize that fact, and can’t or won’t get rid of her, due to the power she’s amassed and her ability to pass legislation that an increasingly left-leaning … Continue reading →
Yesterday I wrote a post that was about (among other things) Obama’s failure to deal with the unemployment problem. Then I saw this comment from “Ilion:” This off focus on “jobs” (for “jobs” are not in the bailiwick of government) … Continue reading →
Tim Cavanaugh writes that Paul Krugman has become a laughingstock both here and abroad for his devotion to Keynesian spending in the face of overwhelming deficits and the burgeoning threat of bankruptcy in many countries of the western world. The … Continue reading →
I hope that this isn’t another bill we’ll have to pass to find out what’s in it. But that appears to be the case. The much-touted compromise that’s finally been reached is an agreement mostly among Democrats. A spokesperson for … Continue reading →