It’s nice of the IMF to recognize that it’s market forces that bring down prices, improving the standard of living of everyone in the process.
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God bless Michelle Malkin. I toyed with a few hard-ball questions for the Presidential Debate in a previous post. The temptation to do the same by Malkin was just too much. I don’t think the media, or Jim Lehrer (the moderator), will be calling either of us very soon. Here’s Malkin: We know the liberal media [...]
John Ransom -The Chevy Volt: Another Obama Green Investment Loses a Billion Today, I’m very pleased to announce that I have a new reason to dislike the Volt. And it’s probably the best reason of all. The Chevy Volt costs close to $90,000 to manufacture while it retails for $40,000 according to information gathered by [...]
Michael Barone: GM Goes From Bad to Worse Despite Obama Bailout Obama talks about the auto bailout frequently, since it’s one of the few things in his record that gets positive responses in the polls. But he’s probably wise to avoid probing questions, since the GM bailout is not at all the success he claims. Aptly [...]
Steve Chapman: Ryan and the Real Enemy of Medicare President Barack Obama’s campaign has a new ad accusing Ryan and Mitt Romney of a scheme “ending Medicare as we know it.” But the real enemy of Medicare ”as we know it” is not Ryan. It’s arithmetic. This is an interesting point of view. It’s not very sexy and [...]
Imprimis: John Steele Gordon [During the Great Depression] unemployment, over 25 percent in 1933, was still at 17 percent as late as 1939. Indeed, in 1937, when the economy suddenly turned south again, there was a problem: what to call the new downturn. Most people thought the country was still in a depression, so that word [...]
What is the morality of doing business with your avowed enemy as long as it’s profitable?
I rather like the analogy of unions to parasites sucking the lifeblood out of its host. Hostess’ lifeblood is sugar, so I thought the title was apt.
Just when we thought that both California and US manufacturing were dead and buried comes the news that neither perception is correct. What’s amazing is how US manufacturing is thriving given the anti-capitalist ideologue sitting in the White House doing everything he can to keep this from happening.
The entire Obamacare law rises or falls on this point: if the mandate is unconstitutional, so is the law. Wouldn’t that be sweet? Color me anxious.