FEBRUARY 4, 2011 Their budgets will be crushed by the Medicaid expansions that the feds are forcing on them. By GEORGE MELLOAN Behind this week’s ruling by U.S. District Court Judge Roger Vinson overturning ObamaCare on constitutional grounds, there is a deeper economic reality. The states can’t afford it. That’s a primary reason why 26
THE STATES CAN’T AFFORD OBAMACARE Read More »
February 4, 2011 Bubbles, Bubbles Everywhere By Victor Davis Hanson The 2008 financial crash originated with a housing bubble. Not long ago, the cheap money policies of the Federal Reserve, the infusion of trillions of dollars in new foreign investment, and the misguided policies of Freddie Mac and Fannie Mae all conspired to extend to
BUBBLES BUBBLES EVERYWHERE – VICTOR DAVIS HANSON Read More »
FEBRUARY 3, 2011 Alice Rivlin and Paul Ryan have a bipartisan plan. By KARL ROVE ObamaCare has recently been dealt three body blows. Speaker John Boehner pushed a bill to repeal it through the House. GOP leader Mitch McConnell will get to put Senate Democrats on record with a vote on repeal as well. And
THE POLITICS OF SAVING ‘GRANNY’ Read More »
JANUARY 31, 2011, 7:36 P.M. ET Don’t Just Cut Government, Reinvent It Across-the-board reductions will not improve efficiency. By LOUIS V. GERSTNER JR. The hottest topic in Washington, D.C., and many state capitals is cutting the cost and size of government. Understandably so—we are living way beyond our means, and the future of our nation
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JANUARY 27, 2011 Congress’s inquiry commission is offering a simplistic narrative that could lead to the wrong policy reforms. By BILL THOMAS,KEITH HENNESSEY AND DOUGLAS HOLTZ-EAKIN Today, six members of the Financial Crisis Inquiry Commission—created by the last Congress to investigate the causes of the financial crisis—are releasing their final report. Although the three of
WHAT CAUSED THE FINANCIAL CRISIS? Read More »
WALL STREET JOURNAL JANUARY 27, 2011 Milton Friedman warned that government spending cancels out higher-return private investment. By STEPHEN MOORE Words matter in politics, which is why the federal government no longer “spends” (and wastes) money, but rather “invests” it. According to Barack Obama’s State of the Union address, nearly every penny of the $2.5
OBAMA’S ‘INVESTMENT’ CHARADE Read More »
JANUARY 22, 2011 ‘The welfare state has done to black Americans what slavery couldn’t do. . . . And that is to destroy the black family.’ By JASON L. RILEY Devon, Pa. ‘Sometimes I sarcastically, perhaps cynically, say that I’m glad that I received virtually all of my education before it became fashionable for white
THE STATE AGAINST BLACKS Read More »
JANUARY 22, 2011 Renewable energy’s state capitalists. One of the least edifying spectacles in American business is the sight of industry titans begging politicians for alms. We therefore direct your attention to today’s nearby letter from Rhone Resch, the solar industry’s man in Washington, for a classic of the genre. Mr. Resch more or less
JANUARY 21, 2011 It was hard under Ronald Reagan. It will be impossible under Barack Obama. By PAUL H. RUBIN How successful is the president’s recently announced deregulatory initiative likely to be? Based on my experience at two regulatory agencies (the Federal Trade Commission and the Consumer Product Safety Commission) during the Reagan years, I
CAN DEREGULATION WORK? Read More »
