There is a curious rumor going around. Allegedly, the Obama Administration is producing a shrinking federal deficit. Paul Krugman has even picked up this rumor in his NYT column. Is there any traction to the dubious assertion that the administration is fiscally sane?
Obama is Better Than Obama?
There is a difference between the national…
Yes, the title is intentionally provocative. Last night I decided I would read President Obama’s nomination acceptance speech from the DNC. Truth be told, when taken out of context, the President said some things that resonate with the Austrian School of economics. The President rightly evaluated that there is no easy, quick and painless way…
That is very much the impression I got after reading this article from Think Progress the other day. And the facts are certainly there. Huge profits, debt repayment, a promising future, and plans to expand production and create jobs. Couldn’t have gone better, right?
I agree with the author that Chrysler is doing well because…
Prosperity, stability, security – these are things people generally desire. Obama did a great job alluding to these ends in his State of the Union speech a couple of days ago. Unfortunately, a disastrous problem arises when you choose the wrong means to achieve desired ends. The mistake of choosing the wrong means occurs when…
