APRIL 22, 2011 If government got by with 20% of GDP in 2007, why not in 2021, when GDP will be substantially higher? By JOHN B. TAYLOR Palo Alto, Calif. Americans are clamoring for a fact-based debate about the budget, but the numbers they’re hearing from Washington are terribly confusing. Here’s an example: Speaking at […]
OBAMA’S PERMANENT SPENDING BINGE Read More »
APRIL 23, 2011 By TOM LAURICELLA The U.S. dollar’s downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. With no relief in sight for the dollar on any of those fronts, the downward pressure on the dollar is widely expected to continue. The dollar fell
DOLLAR’S DECLINE SPEEDS UP, WITH RISKS FOR U.S. Read More »
MIDDLE EAST NEWS APRIL 23, 2011 By MATT BRADLEY, MARC CHAMPION, MARGARET COKER, SAM DAGHER, JOE PARKINSON, BILL SPINDLE and ERIK STIER Agence France-Presse/Getty ImagesAn Egyptian protester waved his national flag as tens of thousands gathered for a demonstration at Cairo’s Tahrir Square on April 8, 2011. SIDI BOU ZID, Tunisia—Ali Bouazizi, who owns a
AN ARAB SPRING TURNS VIOLENT, DEMOCRACY ADVOCATES FACE BIG CHALLENGES Read More »
APRIL 16, 2011 John Watson, Chevron’s CEO, says Americans must stop taking affordable energy for granted. That means more ‘oil, gas and coal.’ By KIMBERLEY A. STRASSEL San Ramon, Calif. It’s the day after President Obama delivered his most recent vision of America’s energy future, and I’m sitting in the sunny corporate offices of Chevron,
JOHN WATSON, CHEVRON’S CEO – OIL WITHOUT APOLOGIES Read More »
APRIL 15, 2011 When thousands of Chicago property owners went on a tax strike, the mayor threatened to cut off their water. By DAVID BEITO Many historians depict the Great Depression as a turning point when bitter economic realities finally led the middle class to break from laissez-faire tradition and demand bigger government. This is
THE FORGOTTEN TAX REVOLT OF THE 1930’S Read More »
APRIL 15, 2011 The Obama Growth Discount Policy matters. If Barack Obama matched Ronald Reagan’s post-recession recovery rate, 15.7 million more Americans would have jobs. By PHIL GRAMM Had the U.S. economy recovered from the current recession the way it bounced back from the other 10 recessions since World War II, our per-capita gross domestic
OBAMA’S RECOVERY RATE COMPARED WITH REAGAN’S Read More »
APRIL 15, 2011 From nukes to terrorist proxies, Tehran’s power grows—and Washington dithers. By JOHN BOLTON Since the “Arab Spring” began four months ago in Tunisia, U.S. media have focused constantly and generally optimistically on the turmoil in the Middle East. Unfortunately, the rising threat of an Iranian Winter—nuclear or otherwise—is likely to outlast and
BOLTON – IRANIAN WINTER COULD CHILL THE ARAB SPRING Read More »
APRIL 14, 2011 The author of “Atlas Shrugged” was an individualist, not a conservative, and she knew big business was as much a threat to capitalism as government bureaucrats. By DONALD L. LUSKIN Tomorrow’s release of the movie version of “Atlas Shrugged” is focusing attention on Ayn Rand’s 1957 opus and the free-market ideas it
REMEMBERING THE REAL AYN RAND Read More »
APRIL 14, 2011 The president demonstrated again yesterday that he’s not serious about cutting spending. By KARL ROVE President Obama’s wild rhetorical gyrations have become familiar. Earlier this year, for example, he called budget cuts proposed by House Republicans “extreme,” suggesting they hurt “our most vulnerable citizens.” Yet after agreeing to many of them last
ROVE – THE GOP WILL BENEFIT FROM THE BUDGET DEBATE Read More »
APRIL 17, 2011, 1:01 P.M. ET By ANDREW BROWNE EXCERPT FROM THIS ARTICLE:The U.S. Federal Reserve has pumped hundreds of billions of dollars into the American economy, hoping to stimulate growth, but much of the liquidity has spilled into foreign markets as investors seek higher returns in faster-growing regions. The flood of money has also
CHINA FUND CHIEF HIGHLIGHTS CAUTION ON GLOBAL ECONOMY Read More »
