Economics
The following is a response submitted to my local paper this afternoon… Editorial page editor Nelson Benton wrote the following this morning, “Democrats will be seeking to take advantage of Republican presidential candidate John McCain’s deregulation fervor in the weeks ahead.†No doubt the Democrats will try to blame McCain for this financial crisis. The […]
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Jimmy P. at the DNC—US News & World Reports’ James Pethokoukis reporting, Illinois Obama and the Temple of Gloom I keep hearing a lot of this sort of pessimism, both in the speeches and among the delegates: “America is facing its greatest economic challenges since the Great Depression.” Really. That’s a pretty big stretch given […]
James Pethokoukis has quickly become one of my favorite guests. He is the money and politics blogger for U.S. News & World Report, where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine’s Money & Business section. He is also a regular guest on my favorite […]
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Via Powerline, Just for fun, I did the math. Properly inflating your tires can improve gas mileage by 3%… How does this stack up against “all the oil that they’re talking about getting off drilling?” ANWR: 10 billion barrels Outer Continental Shelf: 18 billion barrels (estimated; the actual total is undoubtedly much higher, since exploration […]
Continue reading about Obama’s plan for energy independece by year 13,316
My love affair with Nancy Pelosi continues unabated. She never, ever let’s me down. Is she calling 241 years of economic theory “a hoax”? She is saying that “it takes a long time” and that energy companies “don’t have the equipment to do it”? Either way, she’s wrong as could be. The economic theory, of […]
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Stephen Moore in the WSJ, ..for the first time in decades, and perhaps ever, the richest 1% of tax filers will have paid more than 40% of the income tax burden. The top 50% will account for 97% of all federal income taxes, while the bottom 50% will have paid just 3%. And this, despite […]
The leading liberal newspapers in the country have been croaking Barack Obama on housing issues in the past few weeks. Good for them. The most recent is a Washington Post article that reveals Barack Obama was a friend of Bill (Osborn, CEO of Northern Trust). He got a similar deal to Friend’s of Angelo (Mozillo, […]