From a macro-level perspective, it’s not that difficult to balance the budget in both the short and mid-range terms. Using an online toy at the New York Times, I was able to get not a balanced budget but modest surpluses.… Continue Reading
A sad day in Pompeii, as the House of the Gladiators collapses. Italy has been suffering heavy autumn rains, and the unearthed ancient ruins of the world’s most unique and miraculous archeological site are not up to it. Italy, like… Continue Reading
If we’re ever going to take real steps towards reducing the debt, we are going to have to make cuts in sacred cows. And we’re going to have to take steps that raise real revenue in a way that doesn’t… Continue Reading
Matt Yglesias suggests that the appropriate response by President Obama to the setbacks he and his party just sustained is to withdraw to the White House and make greater use of executive powers — to do things like appointing more… Continue Reading
Ten months ago, I made a few SWAGs about (among other things) politics. Those SWAGs included the following: Foolishly, Democrats will campaign in 2010 against George W. Bush. This will fail and result in gains by Republicans, but more in… Continue Reading
In a very real sense, today is the anniversary of the birth of our nation. On September 17, 1787, in Philadelphia, Pennsylvania, the original Constitution was signed by representatives of the thirteen states of the United States of America, and… Continue Reading
Michael Bennet, an incumbent Senator from Michigan Colorado running for re-election, said this at a recent campaign event that “We have managed to acquire $13 trillion of debt on our balance sheet … In my view, we have nothing to… Continue Reading
I’ve grudgingly accepted that taxes are going to need to stay where they are for the foreseeable future, we can’t afford a tax cut until we have become more solvent and reduced out debt. So Paul Krugman’s accusation that Paul… Continue Reading
Elena Kagan was just confirmed to the Supreme Court by a vote of 63 to 37, mostly along party lines. No one ever seemed to get really enthusiastic about her or really enthusiastic against her. Maybe that’s a good thing… Continue Reading
To say that the Presidency of Barack Obama has been a disaster from a governmental restraint perspective is the understatement of the century. Granted, the century is still young. But can anyone doubt that Terry Michael’s claims that libertarians should… Continue Reading