September 14, 2014

The Red Line Returns

Earlier this month, President Obama decided to throw in a good word for our NATO friends in the Baltics, in the event that Russia is tempted to try out its invasion shtick on another former Soviet satellite.  “We’ll be here for Eston...

August 24, 2014

All Quiet on Martha's Vineyard

Lately, President Obama has been hacking his way across the lush landscape of Martha’s Vineyard. Meanwhile, some traditional Islamist jihadists, along with a few British malcontents, have been hacking their way across an arid desert that once b...

February 8, 2014

Is Less Work Better?

Obamacare supporters have wasted no time in responding to the Congressional Budget Office's new report (p. 117) that the law will, unsurprisingly, reduce the nation's labor supply by the equivalent of two million jobs. (Note: through the cumulative e...

June 15, 2013

Babysitting Krugman

As the economy continues to plod along, many voices are clamoring for even more simulative money-printing, as if the more-than-tripling of the monetary base in the last five years was simply a bagatelle, and even as the Federal Reserve continues crea...

January 25, 2013

Learning from Benghazi

After overcoming a concussion, blood clot, and hospitalization, Hillary Clinton returned to Washington last Wednesday to testify before the House and Senate on the events of September 11, 2012, in Benghazi, Libya -- and deftly fielded questions with ...

December 29, 2012

Debt and Future Generations

As the national debt approaches $16.4 trillion, it is worth reminding ourselves why that debt should give us cause for concern. Government spending itself can be harmful because it crowds out private investment, redirecting resources to projects that...

December 27, 2012

Does Debt Actually Hurt Future Generations?

As the national debt approaches $16.4 trillion, it is worth reminding ourselves why that debt should give us cause for concern.  Government spending itself can be harmful because it crowds out private investment, redirecting resources to project...

December 22, 2012

Miracle on Pennsylvania Avenue

It's the most wonderful time of the year -- budget season!  The last time our two favorite political parties got together for some holiday cheer, we had deals offered and offers rejected and a bipartisan super-committee to keep everyone in line....

December 19, 2012

Obama's Mythical Austerity

You may recall the noise back in May that President Obama is America's most frugal executive since Dwight Eisenhower.  Rex Nutting of the finance website MarketWatch started the idea, accompanied by an impressive-looking chart, that under Obama,...

December 7, 2012

Pearl Harbor in Perspective

December 7, 1941 is a date which will live in infamy.  Any unfounded illusions held by peace-loving Americans concerning the intentions of Imperial Japan or its ally Nazi Germany were painfully but necessarily shattered that day, on which our na...

November 5, 2012

Debt and Deceit

One of the more brazen attacks leveled against Mitt Romney in these last weeks before the presidential election is that his economic proposals are reckless and irresponsible. President Obama has repeatedly claimed that his opponent, rather than follo...