When it comes to the housing market, two things get talked about regularly: the bottom and a recovery. However, these two terms mean very different things and don’t occur at the same time. Some have predicted that we have yet to see a housing bottom, while others say we may have hit the bottom and […]
Posted by Erick Erickson A lot of the media and all of the Democrats seem to forget one simple fact about the Bush tax cuts: they were passed in response to a recession occurring as George W. Bush and Dick Cheney entered office. Moe Lane wrote an excellent post about the impact of the Democrats […]
“You are what your record says you are.” So says Bill Parcells, three-time Super Bowl–winning coach. Professional sports, athletes, coaches, and commentators can spin the numbers with the best of politicians, but in the end you are what your record says you are. The record on the first two years of President Obama’s economic policies […]
One hundred and thirty six years ago this week, Winston Churchill—arguably the leading statesman of the twentieth century—was born. The son of a British father and an American mother, Churchill is often remembered for his formidable oratory skills and his love of fine cigars. Yet Churchill was also a great friend to America whose warnings […]
The political ground has been shifting rapidly ever since the American people delivered a vote of no confidence on the current direction of public policy when they went to the polls earlier this month. Nowhere is that shift more evident than in the recent release of a bipartisan plan to dramatically reform the nation’s health […]
A top economic adviser to the Democratic Party, speaking on deep background, told WMR that the domino-like collapse of the economies of Iceland, Greece, Ireland, and, now, possibly Spain, is coming also to the United States. One of the triggering mechanisms will be at the end of this month when two million idled workers, now […]
Washington (AP) – The economy grew a little faster over the summer than the government first thought. That modest pickup wasn’t nearly enough to significantly lower the nation’s high unemployment rate, and the Federal Reserve doesn’t expect the economy to improve much over the next couple of years. The economy expanded at a 2.5 percent […]
Celebrating the company’s Wednesday initial public offering, President Barack Obama last night called his government takeover of General Motors a “success story.” “American taxpayers are now positioned to recover more than my administration invested in GM,” he said. Left unsaid is the fact that if the Obama Administration keeps selling their GM stock at the […]
During the 1950s and 1960s, the United States was the richest and most envied country in the world. It was also unrivaled as the world’s manufacturing powerhouse. Americans proudly regarded their country is a model, and many people around the world agreed. Today, the US is still the world’s largest economy and pre-eminent military power, […]
19 Facts About The Deindustrialization Of America That Will Blow Your Mind The United States is rapidly becoming the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this […]
