Obama and the “S” Word

According to a new poll from a Democratic firm, an astounding 55 percent of people think “socialist” is a term that describes Obama. Here’s a blurb from a National Review post. Deep in the poll, they ask, “Now, I am going to read you a list of words and phrases which people use to describe [...]

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Why the So-Called Financial Reform Bill Is the Status-Quo Bailout Bill

Nicole Gelinas has been one of the most astute observers of how government has screwed up the financial system and her column in the Washington Examiner is an excellent summary of why the Dodd-Frank bill is a step in the wrong direction.  For 25 years, Washington has done everything in its power to subsidize Americans’ [...]

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Obama Is Repeating Roosevelt’s Other Mistakes

Much of the economic debate in Washington revolves around the silly Keynesian notion that politicians can stimulate an economy by borrowing money from the private sector and using the funds to make government bigger. That didn’t work for Hoover and Roosevelt during the 1930s, Japan during the 1990s, Bush in 2008, or Obama last year [...]

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Greetings from Las Vegas

I’m out in Sin City for the annual FreedomFest conference, where I moderated a debate earlier today on whether consumer spending or investment spending was the key to economic growth. As you can imagine, it was horribly painful for me to keep from injecting my two cents in the discussion, so I figured I would [...]

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