Obama to Increase Spending Again
By: Daniel Horowitz (Diary) | February 10th at 04:15 PM |
On Monday, Obama is slated to release his annual budget proposal for FY 2013, along with a 10-year budget (2012-2021) outlook. One would think that after talking incessantly about cutting spending, Obama would spend less money next year than this year. Yet, in Obama’s world, a spending cut means spending less than you were slated to spend, even though it is still higher in nominal | Read More »
Libya is Not Our Fight
By: Daniel Horowitz (Diary) | March 21st at 04:31 PM |
Liberals have a penchant for engaging in the wrong wars and fighting them the wrong way. They are always meek and submissive towards those who represent an existential threat to America, such as Iran, Russia, China, Syria, and Venezuela. When they finally choose to engage in military intervention, it is usually for a dubious cause or for the purpose of some humanitarian aid that lacks | Read More »
Secretary Chu’s Insidious Economics of Energy
By: Daniel Horowitz (Diary) | March 2nd at 04:32 PM |
Earlier today, Energy Secretary Steven Chu reiterated his insouciance to the plight of the American consumer of oil and gas. Chu told members of the Senate Budget Committee that there is no need to tap into the Strategic Petroleum Reserves because it will be corrected by spare world oil capacity: “we have spare capacity, we expect naturally that the market forces will take care of | Read More »