America Hits $15 Trillion of Debt
Yesterday, the United States hit an unsavory milestone–$15 trillion in total national debt. Unfortunately, the number shouldn’t have come as a surprise. America’s debt has… Read More
Goodbye to Venezuela’s Globovision?
On October 7, 2012, the Venezuelan people will have the opportunity to elect a new president. In the months leading up to the election, Venezuelans… Read More
First-time Homebuyers Tax Credit Shows Government Can’t Fix Housing
Government programs cannot stop the decline in housing prices. The latest evidence of this comes from a study of first-time homebuyers who took advantage of… Read More
Spending Bills Setting Up Reckless Defense Cuts
Cracks in the Budget Control Act’s (BCA) spending caps are growing more visible as negotiators near completion of the first three appropriations bills for fiscal… Read More
Morning Bell: Obama’s Christmas Tree Tax
Christmas is more than a month away, but the Obama Administration just couldn’t wait to hang a shiny new ornament on every fresh Christmas tree… Read More
The FCC’s Universal Service Folly
Are mobile phones and Internet access necessities that require taxpayers to foot the bill for the supposed “have-nots”? The Federal Communications Commission (FCC) evidently thinks… Read More
Is China More Prosperous Than the U.S.?
The Legatum Institute has just released its 2011 Prosperity Index. The index has a number of strengths, topped by the versatility of its supporting Web… Read More
Courting Disaster: Two Gaping Loopholes in the Debt Deal That Will Drive Up Spending
Among the more egregious failings of the Budget Control Act (BCA)—the proxy fiscal plan spawned by the summer’s debt ceiling debate—are a pair of gaping… Read More
Income Inequality vs. Wealth Inequality
Recently, the Congressional Budget Office (CBO) released its latest statistics on income inequality. Economists, bloggers and others have been furiously debating their implications. Over at… Read More
The Death of Colombia’s Guerrilla Prince
The armed forces of Colombia have scored a major battlefield victory. They finally hunted down, confronted, and killed the leader of the narco-terrorist Revolutionary Armed… Read More
