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Articles by: kaleb

Federal Regulations: Stifling the U.S. Economy & a Massive Hidden Tax

February 16, 2012 at 11:59 pm 0 comments

AMERICANS love to laugh at ridiculous regulations. A Florida law requires vending-machine labels to urge the public to file a report if the label is not there. The Federal Railroad Administration insists that all trains must be painted with an “F” at the front, so you can tell which end [...]

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Real Unemployment is at 15% According to CBO

February 16, 2012 at 11:56 pm 0 comments

“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until [...]

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U.S. to Hit Debit Ceiling Again by Election

February 16, 2012 at 11:54 pm 0 comments

The United States Department of Treasury will reach the the statutory limit it is allowed to borrow money before election day, according to a new study by Sen. Rob Portman, R-Ohio., former director of the U.S. Office of Management and Budget. “Following the contentious debt ceiling last August, President Obama promised [...]

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A Do-Nothing Congress? More Like a Do-Nothing, Democratic Controlled Senate

February 14, 2012 at 12:09 pm 0 comments

Back in the dog days of George W. Bush’s second term, when each month seemed to bring new lows for the president’s approval ratings, there was almost always this consolation: The surveys would show that Congress was even less popular than he was. In general, that’s going to be the [...]

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Greece: Tragedy or Self-Parody?

February 14, 2012 at 11:52 am 0 comments

Rioters torched shops and offices, with banks and foreign businesses the main targets. Pensioners wearing gas masks joined a blockade of Parliament and squared off against some 4,000 police officers. The city’s best-known cinema was burned to the ground, along with nine other national-heritage sites. This was Athens on Sunday [...]

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Obama’s Magical Mystery Budget

February 14, 2012 at 11:47 am 1 comment

Federal budgets are by definition political documents, but even by that standard yesterday’s White House proposal for fiscal year 2013 is a brilliant bit of misdirection. With the abracadabra of a tax increase on the wealthy and defense spending cuts that will never materialize, the White House asserts that in [...]

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You Mean Someone Wants to Lower Our Taxes!?

February 9, 2012 at 4:06 pm 1 comment

Oklahoma Governor Mary Fallin is starting to feel surrounded. On her state’s southern border, Texas has no income tax. Now two of its other neighbors, Missouri and Kansas, are considering plans to cut and eventually abolish their income taxes. “Oklahoma doesn’t want to end up an income-tax sandwich,” she quips. [...]

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More than Meets the Eye

February 9, 2012 at 4:04 pm 0 comments

Pope John Paul II, surveying from his seat in the eternal hereafter the battle between the American Catholic Church and the Obama administration over mandated contraception services, must be permitting himself a sad smile. The pope knew more than most about the innate tensions between the state and its citizens. [...]

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What Exactly is Fair, Mr. President?

February 7, 2012 at 6:00 pm 0 comments

President Obama has frequently justified his policies—and judged their outcomes—in terms of equity, justice and fairness. That raises an obvious question: How does our existing system—and his own policy record—stack up according to those criteria? Is it fair that the richest 1% of Americans pay nearly 40% of all federal [...]

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Greece & the Euro: Economic Zombies that Refuse to Die

February 7, 2012 at 5:58 pm 1 comment

Those of us who wish that the euro be brought to an end before too many people get hurt are likely to be disappointed, because European politicians refuse to admit defeat. Greece now stands on the brink of a sovereign default. Over the last few months, the slump in the Greek economy [...]

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