Lasting Lessons of September 11, 2001 »
by George Landrith
When Ronald Reagan was asked what his plan was for dealing with the communist threat, he responded, “We win, they lose.” Those four words led to an impressive victory for human freedom around the world. To this day, there are boulevards named after Reagan all over the world in nations that were once dominated and enslaved by communism’s hatred of freedom and lust for control.
In an …
Chicago Bled Dry by Striking Teachers’ Unions »
by John Fund
The smartest parents in Chicago right now are those whose kids attend charter schools, private schools, or parochial schools. Those institutions don’t employ Chicago’s unionized public-school teachers, who went out on strike this morning for the first time in 25 years.
The coverage of the strike has obscured some basic facts. The money has continued to pour into Chicago’s failing public schools in recent years. Chicago teachers …
Saved GM? Really? GM is losing $49,000 on each Volt it builds »
by Bernie Woodall and Paul Lienert and Ben Klayman (Reuters)
Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.
Cheap Volt lease offers meant to drive more customers to Chevy showrooms this summer may have pushed that loss even higher. There are some …
Republicans Are Right, Fact-Checkers Wrong On Welfare »
Reform Rollback: Democrats and “fact-checkers” claim Republicans are lying when they say that the president wants to gut work requirements. Here’s why the GOP should press on.
You heard it straight the other night from Bill Clinton — who would never lie to anyone — that Mitt Romney’s campaign is lying about welfare reform: “The claim that President Obama weakened welfare reform’s work requirement is just not true. But they …
Obama Justice Dept. Sues Gallup after Campaign Chief Criticized Pollsters »
Internal emails between senior officials at The Gallup Organization, obtained by The Daily Caller, show senior Obama campaign adviser David Axelrod attempting to subtly intimidate the respected polling firm when its numbers were unfavorable to the president.
After Gallup declined to change its polling methodology, Obama’s Department of Justice hit it with an unrelated lawsuit that appears damning on its face.
TheDC is withholding the identities of the Gallup officials …
Unemployment 8.1% as More Give Up Looking for Work »
The nation’s most recent jobs report disappointed again with an anemic 96,000 new jobs added in August. Just to keep up with population growth, the economy would need to add more than 130,000 jobs per month. The report estimates an 8.1 unemployment rate for August. “This is definitely a setback for the labor market and the economy,” said Michael Feroli, chief U.S. economist at JP Morgan Chase and a former …
America's Embarassing Energy Debacle »
by George C. Landrith
President Barack Obama has been criticized by both supporters and critics for making and then breaking too many campaign promises. Whether it was closing Guantanamo, ending the wars in Afghanistan and Iraq, allowing five days of public debate before signing legislation, slashing earmarks, or permitting no tax increases on those earning less than $250,000, President Obama has fallen far short of his promises. But there is …
Does anyone really understand what $16 trillion is? »
$16 TRILLION is an astronomical number. If you were to count from 1 to 1 million without stopping (assuming about 1 second per number on average), it would take about 12 days. If you were to count to 1 billion, it would take about 32 years. And if you were to count to 1 trillion, it would take about 31,710 years. And to count out the dollars of our current …
Obamanomics is not working »
by George Landrith
Barack Obama is nearing the fourth year of his presidency and the economy continues to languish as evidenced by the fact that the unemployment rate “unexpectedly” shot back up and has been above 8 percent for his entire presidency. The truth is there is nothing “unexpected” about our current economic woes. In fact, for those who understand the fundamentals of economics, the current high unemployment rates are …
Are We Better Off? Business Publication Says No »
Economic Conditions: All weekend, Democratic party leaders kept fumbling their answer to a simple question: Are we better off than we were four years ago? There’s a good reason for that: We’re not.
It wasn’t until Monday that the campaign was able to figure out how to answer the question, with Obama’s deputy campaign manager, Stephanie Cutter, saying, “Absolutely.”
Obama’s argument is simple: The economy was headed for a second …