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Editorial: Keep The Debt Ceiling, But Cut Spending 7.18.11
Budget: Amid the debate over raising the debt ceiling, a rating agency suggests a simple solution: Get rid of debt ceilings entirely. This is a bad idea sure to lead to a vast expansion of government and European-style stagnation. Moody's, the debt-ratin
Massachusetts Mess 7.18.11
Failure: ObamaCare is supposed to increase health coverage and slow spending. The promises of RomneyCare in Massachusetts were the same. But it has neither brought universal coverage nor contained costs. The failure of former Gov. Mitt Romney's health ca
Obama-Contra 7.18.11
Scandal: Democrats who condemned our support of Nicaraguan freedom fighters in the '80s now ignore administration gun-running that may have put American weapons in the hands of the Central American MS-13 gang. As if "Project Gunrunner" and "Operation Fas
Going Soft On Greece 7.18.11
Diplomacy: Secretary of State Hillary Clinton on Sunday praised Greece for its economic policy "leadership." Wait a minute: Isn't this the country that lied to its creditors and has just stuck U.S. taxpayers with an IMF bailout? Greece is such a wretched
Editorial: No, Americans Don't Want Higher Taxes 7.15.11
Budget: Four of five Americans are "sold" on higher taxes to solve the deficit impasse, according to President Obama. Either he's deceiving himself or he completely misunderstands how the public really feels. The president on Thursday cited a recent Gall
A Cyber-Pearl Harbor On Horizon? 7.15.11
Security: The Pentagon has disclosed perhaps the largest theft of sensitive data by an unnamed foreign government. The threat to our electronic infrastructure is real, growing and as dangerous as a North Korean missile. In outlining America's cyberwarfar
Less Loved Than Ever 7.15.11
Diplomacy: Americans were told — repeatedly — in 2008 that Barack Obama's election as president would mark a shift in how the U.S. was viewed around the world. As it turns out, that was true. In accepting the nomination of his party in 2008, candidat
Crowding Out Growth 7.15.11
Slumping: The U.S. economy isn't expanding at the rate that Americans have come to expect. Could it be that government has grown to the point that it has left no room for the private sector? Some economists think so. A federal machine already too big has
The Green Economy Withers 7.14.11
Energy: Even after fudging numbers and ignoring the huge subsidies, a liberal think tank reports that growth in the alternative-energy sector lags the rest of the economy. Green jobs were supposed to be our salvation, both for the earth and for the econo
An Industry Maligned 7.14.11
Politics: The president won't let go of his obsession with the corporate jet tax break. Eliminating the tax break is fine. But there's no excuse for using the bully pulpit to beat up an industry struggling to recover. Six times in his June 29 news confer