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Obama Has Had Plenty of Time, But Gave Us -0.3% Growth Instead
For no reason at all (Cover via Amazon) Here are some words we did not hear from Sen. Barack Obama as he campaigned for the presidency back in 2008, as the Great Recession gathered: “Now, I won’t...
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Amid a Crisis of Leadership, Mitt Romney Emerges…To Bash China
This is an easy election for a challenger to win, but your instincts have to be right. (Image credit: Getty Images via @daylife) Republican Presidential challenger Mitt Romney has been an invisible...
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Obama’s Diplomatic “Reset” Is Taking the Form of a Currency War
This latest stuff is not Nobel-worthy (Photo credit: Wikipedia) Forbes columnist extraordinaire Peter Ferrara was once kind enough to call my own Econoclasts “a brilliant, overlooked book.” I know...
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The Modern Cycle Of Economic Boom And Bust
The charge about the old days of the American economy—the nineteenth century, the “Gilded Age,” the era of the “robber barons”—was that it was always beset by a cycle of boom and bust. Whatever nice...
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When It Comes To Job Creation, Obama Doesn’t Hold A Candle To Reagan
Obama is taking us back. Graph of US Civilian Labor Participaton Rate from 1948 to 2010 (Photo credit: Wikipedia) When Ronald Reagan became president in January 1981, the nation had just endured a...
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The September Jobs Report Was Inherently Political
Politics have long touched it. (Photo credit: Wikipedia) That was quite a dustup ten days ago, after the jobs report issued by the government had the unemployment rate going down to 7.8%, the first...
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Inequality Is The Child Of Fiat Money
Occupy Wall Street: Tilting at windmills (Image credit: AFP/Getty Images via @daylife) For a while there, it looked like the 2012 election was going to be a referendum on economic inequality. This...
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Obama’s Historical Illiteracy Marches On
Jack Kemp knew his 1960s history (Photo credit: Wikipedia) “Governor, when it comes to our foreign policy, you seem to want to import the foreign policies of the 1980s, just like the social policies...
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President Obama Doesn’t Even Believe His Own Economic Hype
These guys have legacy on the brain. (Photo credit: Wikipedia) Now that Barack Obama has been re-elected President, he’s going to have to deal with the mess he inherits. That was the chuckle James...
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Obama: The Worst Keynesian Ever
Hurry up, Keynesians, and disown him (Photo credit: Wikipedia) The president is bent on raising taxes big time, if not on January 1, when all sorts of rates are scheduled to go up, then shortly...
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Economics Pasha Robert Solow is in a Time Warp
They'll never be another Camelot. (Photo credit: Wikipedia) “There’ll never be another Camelot,” said Mrs. John F. Kennedy forty-nine years ago this week, in the wake of her husband’s assassination in...
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Come On, President Obama, Your Economic Policies Aren’t Even Keynesian
With this fiscal cliff, it'll be the year without a Santa Claus (Photo credit: MrDoS) This election was brought to you by the letter “O” and the number 16 trillion, as Mitt Romney put it back in...
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Ignorance Abounds About Supply-Side Economics
Jack Kemp plumped for monetary restraint along with tax cuts (Photo credit: Wikipedia) A few years ago, I got the idea of writing a history of supply-side economics, that cornerstone of the Reagan...
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Unions Tend Toward The Weird, As The Life Of Cesar Chavez Showed
A monument on the Chavez road, care of Los Angeles (Photo credit: Wikipedia) Last week, Michigan got treated to one of the old reliables of labor-union behavior: thuggish intimidation. As the...
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Obama is Making Things Easy for the Next Reaganite
President Ronald Reagan (Photo credit: Wikipedia) Remember when people were saying that the old Republican ideas, the venerable supply-side reforms that first made their mark in the Ronald Reagan era...
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Income Tax and Fed Created In 1913, Phil Mickelson Shrugs In 2013?
Phil Mickelson has hinted at leaving California due to high federal and state income taxes. (Image credit: Getty Images via @daylife Don’t quite recall what happened in 1913? The Philadelphia...
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President Obama’s Economic Growth Is Unworthy of U.S. Tradition: What’s the...
Last November, the political science models that predict presidential-election winners broke. As has long been taught, no incumbent ever wins re-election after presiding over weak recovery from a steep...
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The Worst Economic Crisis Since When?
Obamanomics is getting competitive with some bad complany (Photo credit: Wikipedia) Swell Gross Domestic Product report the other day. The economy shrank by a tenth of a point. Shrank. We’re supposed...
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Lend Virginia Courage As It Goes for Gold
Quaint organization (Photo credit: Wikipedia) The literary event of the year is shaping up to be the March release of Constitutional Money, the latest magnum opus from Richard Timberlake, the greatest...
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The Weak Dollar Is Getting Caught In a Currency War Pincer
Why does the US tax this? (Photo credit: kevin dooley) The dollar—that thing the Federal Reserve has been printing like mad the last few years—is in one of the worst spells in its history, short,...
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