September 5, 2011

Reagan's Growth Lesson for Obama

The U.S. economy is plainly in trouble, and has been throughout this two-year-old "recovery."  Second-quarter growth was revised downward to 1.0%, after 0.4% in the first quarter.  The Labor Department says zero net jobs were created in Aug...

January 27, 2010

The Scott Brown Effect and Its Consequences

Senator-elect Scott Brown offers such a perfect roadmap for Republicans in 2010 that it is worth deconstructing his campaign to draw the key lessons for the next nine months.First, the stakes are huge. The potential for a radically different course f...

July 31, 2009

Bernanke's Harmful monetary policy

The stock market's recent run-up of over 11% has been the best sustained rally of Obama's young Presidency.  What to do now, if you are an investor?  Unfortunately, the market seems very fully priced now based on historical Price/Earnings b...