1600 Pennsylvania Avenue and 1600 Days Without a Budget
Today we have reached 1600 days without an operating budget for our country. But who’s actually counting right now? And why should we care? Currently, we have Syria at the forefront of discussion, which has put any substantive monetary debates on the back burner. Besides the question of whether or not to authorize and spend money on Syria, Congress also faces both if and how | Read More »
The Dangerous Island of Dr. Ellis
It always surprises me, though it shouldn’t, how naively and simplistically a well-known, well-read historian like Joseph Ellis can take the complex, rich history of our nation and turn it into a passion play. Ellis’ editorial ‘The Era of Fettered Government Is Over.” It smacks of the absurdity of a rag like Newsweek which titled an issue with the moronic ‘We Are All Socialists Now,” | Read More »
Republicans Should Tie Tax Cut Extension to Bailout
There’s been much talk about extending the Bush tax cuts. Republicans favor it, and, since Bush’s name has some how, some where, been linked to the cuts: Democrats obviously oppose it. In the next 24-48 hours, however, Democrats will likely need Republican votes–badly. Why not tie Republican acceptance of the bailout plan with making the tax cuts permanent?
Why Obama will Screw the Economy
**Recently Lehmen brothers went down in flames, Merril Lynch was bought out by Bank of America, and Obama is still getting contributions fron Fannie and Freddie. I was watching Kudlow & Company and they were saying that the worst thing that someone could do is raise the Capital gains tax. Why beacuse it will deter investment, and without capital, companies are unable to innovate and | Read More »
Union vs. Private Sector Pensions: How Secure Are Union Members’ Retirements?
In a follow up report to our earlier coverage, the Hudson Institute has unveiled its damning study on the largely ubiquitous insolvency of the pensions plans of the nation’s largest unions (download PDF here)Excerpts: At a time when unions are intensifying efforts to organize American workers, it’s troubling to see a widespread pattern of relatively poor performance among collectively bargained pension plans. They perform poorly | Read More »