America, the Doomed
Thank you, Democrats, for creating the Ponzi scheme that will bankrupt our nation: Sick and getting sicker, Social Security will run at a deficit this year and keep on running in the red until its trust funds are drained by about 2037, congressional budget experts said Wednesday in bleaker-than-previous estimates. The massive retirement program has […]
Obama: ‘Countless New Jobs’
— photo via Instapundit “In a few weeks, I will be sending a budget to Congress that helps us meet that goal. We’ll invest in biomedical research, information technology, and especially clean energy technology – an investment that will strengthen our security, protect our planet, and create countless new jobs for our people.” — President […]
$14,000,000,000
Fourteen trillion dollars — that’s the national debt, the 800-pound gorilla to keep in mind as you listen to Obama’s State of the Union speech: From Citizens United.
Paul Krugman, Mystifield
“Something really strange has happened to the debate over economic policy in the face of the Great Recession and its aftermath . . . “Now, however, we’re seeing a much more widespread attack on demand-side economics. More than that, it’s becoming clear that many people don’t so much disagree with the idea that demand matters […]
From the Dept. of Obvious Headlines
Low-tax states attract budget-conscious Americans Gee, ya think so? You mean to tell me that, given the choice, people would rather live where taxes are low than where they are high? Put that story at the top of A-1 and phone the Pulitzer committee! Update (Smitty): “Those bitter, Klingon, unpatriotic swine!” Vice President Biden was […]
Bank Crisis Continues; United Western Becomes Biggest Failure in Five Months
Isn’t “recovery” wonderful? State regulators shut down four banks on Friday, bringing the new year’s total number of bank failures to seven, following 157 bank closures during 2010. Three of the four failed banks — Enterprise Banking Co., CommunitySouth Bank & Trust, and The Bank of Asheville — had been previously included in TheStreet’s Bank […]
The Economics of Love
That’s when she told me a story About free milk and a cow. She said, ‘No hugging, no kissing Until I get a wedding vow . . .’ Research affirms old-fashioned common sense: As women progress in educational and professional opportunities, their odds of finding a committed man appear to go down. That’s one of […]
Jesse Walker on Loughner and Zeitgeist
In the immediate aftermath of the Tucson massacre, the mainstream media went chasing after “right-wing” phantoms, as the managing editor of Reason magazine explains: In the meantime, people who actually knew the killer were talking to the press, dropping clues about what Loughner really was reading and viewing. Loughner’s friend Zach Osler, for example, told ABC that while […]
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