Morning Bell: Cash for Clunkers, A Case Study in Why Obamanomics Will Fail
If you watch television you’ve seen the ads: “So bring in that old jalopy and get up to $4,500 towards the purchase of a new… Read More
If you watch television you’ve seen the ads: “So bring in that old jalopy and get up to $4,500 towards the purchase of a new… Read More
The care with which we are carrying out the provisions of the Recovery Act has led some people to ask whether we are moving too… Read More
This week’s bloggers’ briefing brought the biggest crowd yet; standing room only. What was the draw? Matthias Shapiro, mastermind of the 10,000 pennies videos that… Read More
Big spenders want you to think they’re actually deficit hawks. They’re lauding themselves for passing PAYGO legislation in the U.S. House, with praise from President… Read More
Politico has picked up on a story we’ve been following for some time. Eamon Javers reports: “We’re looking at continuous monstrous issuances of federal debt,… Read More
The White House announced this morning that it would be delaying release of updated financial and economic forecasts until the middle of August. In other… Read More
Last week, Michigan’s Bureau of Labor Market Information announced that their state’s unemployment rate spiked in June, hitting 15.2%, the highest rate since mid-1983. Five… Read More
Remember when China was going to stop buying American bonds and the world was going to end? This hand-wringing was always wrong-headed; perhaps now it… Read More
Yesterday, the independent scorekeeper for Congressional spending proposals, the Congressional Budget Office (CBO), dropped a bombshell on Obamacare. The core of President Obama’s case for… Read More
The Washington Post reports: Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would worsen an… Read More
