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THE DEBT CEILING AND THE PURSUIT OF HAPPINESS

JULY 25, 2011 A welfare state that led to permanent austerity would betray the principles that have made American culture exceptional. By ARTHUR C. BROOKS EXCERPT FROM THIS ARTICLE:Consider a few facts. The Bureau of Economic Analysis tells us that total government spending at all levels has risen to 37% of gross domestic product today […]

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HOW SPENDING CUTS–NOT HIGHER TAXES–SAVED CANADA

JULY 21, 2011 Liberals up there listened to voters, and their economy is now growing faster than ours. By FRED BARNES EXCERPT FROM THIS ARTICLE:As America struggles over spending and debt, Canadians watch with wonderment. A new book, “The Canadian Century: Moving Out of America’s Shadow,” points to a role reversal—a strong Canada and a

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THE DANGER OF AN UNACCOUNTABLE ‘CONSUMER-PROTECTION’ CZAR

JULY 21, 2011 The SEC and FDIC are led by boards. Why should one person have sweeping powers over the economy? By RICHARD SHELBY Mr. Shelby, a Republican senator from Alabama, is the Ranking Republican on the Committee on Banking, Housing and Urban Affairs. On July 18, President Obama nominated former Ohio Attorney General Richard

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THE END OF THE GROWTH CONSENSUS

JULY 21, 2011 America added 44 million jobs in the 1980s and ’90s, when both parties showed they had learned from past mistakes. The lessons have been forgotten. By JOHN B. TAYLOR Mr. Taylor, a professor of economics at Stanford and a senior fellow at the Hoover Institution, is the author of “Getting Off Track:

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MINNESOTANS SHRUG OFF THE SHUTDOWN

JULY 16, 2011 The unavailability of beer, cigarettes and fishing licenses seemed to annoy them the most. By DAVID STROM Minneapolis What if they had a government shutdown and nobody cared? That about sums up what’s just happened in Minnesota. The fiscal year ended on June 30, and since then all but “essential” services of

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WHAT MICHELE BACHMANN SHOULD HAVE SAID ABOUT SLAVERY

JULY 16, 2011 The Founding Fathers knew that ending this evil was their great unfinished business. By THOMAS FLEMING EXCERPT FROM THIS ARTICLE: At the same time, the Founding Fathers well recognized the serious problem of slavery. George Washington ignored protests from some Southerners and accepted both free and enslaved blacks in his army. In

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BUDGET SHELL GAMES ARE CONTRARY TO LAW

JULY 14, 2011 Congressional rules require public proposals and specific numbers that can be openly debated. By MICHAEL W. MCCONNELLMr. McConnell was assistant general counsel of the Office of Management and Budget from 1981-83 and is now a professor of constitutional law at Stanford University and a senior fellow at the Hoover Institution. After sending

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WILL WASHINGTON FIND THE CURE FOR CANCER?

JULY 13, 2011 Government boards and drug price controls threaten to throw sand in the gears of medical progress. By KENNETH C. FRAZIER Mr. Frazier is president and CEO of Merck & Co. Americans generally agree that our economic future depends on nurturing new ideas. “The first step in winning the future,” as President Obama

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GOVERNMENT-SPONSORED MELTDOWN – FANNIE MAE

JULY 12, 2011 . By PETER WALLISON Mr. Wallison, a senior fellow at the American Enterprise Institute, was a member of the Financial Crisis Inquiry Commission and dissented from the majority report. EXCERPT FROM THIS ARTICLE:  Far from being a marginal player, Fannie Mae was the source of the decline in mortgage underwriting standards that

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WE CAN’T AFFORD TO TRAIN FEWER DOCTORS

JULY 12, 2011 The savings from government funding cuts to graduate medical education aren’t worth the negative effect on patients. By HERBERT PARDES AND EDWARD D. MILLERDr. Pardes is president and CEO of New York-Presbyterian Hospital. Dr. Miller is dean and CEO of Johns Hopkins Medicine Seeking to reduce the federal budget, Democratic and Republican

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