The plight of the middle class
Robert Reich connects the dots on the economy, in less than 2 minutes and 15 seconds. A number of questions arise, not the least important of which has to do…
Solving the problem by adding to it and making it worse
(The New York Times) There is something you should know about the deal to cut federal spending that President Obama signed into law on Tuesday: It does not actually reduce federal…
The debt ceiling as a perpetual soufflé
As Veronique de Rugy explains, the debt ceiling was initiated in the U.S. in 1917 as a way to ensure responsibility in congress. Since then, government has raised it nearly…
Planned economy or planned destruction?
The more things change, the more they stay the same. This cartoon was published in the Chicago Tribune in 1934.
What will it take to save the American Dream?
(The Heritage Foundation) Saving the American Dream is The Heritage Foundation’s plan to fix the debt, cut spending and, above all, restore prosperity. It balances the nation’s budget within a…
Death of the Dollar?
(Money Morning) At 12:15 p.m. April 27, at the conclusion of a two-day Federal Open Market Committee (FOMC) meeting, we’ll find out whether U.S. Federal Reserve Chairman Ben S. Bernanke…