Entitlements: Social Security's chief actuary reports that the social safety net will run a deficit for 2010, nine years earlier than predicted. Put down that big gavel,...
Deficits: The media breathlessly report an "unexpectedly" large increase in unemployment applications with inflation rising "faster than expected." Given the wasteful...
Public Debt: After repeated warnings from government finance officials around the world, the exploding U.S. debt has suddenly become a major issue for foreign buyers....
Jobless Recession: Small business has been a key part of plans to stimulate the economy from the very start of the Obama presidency. So why is this crucial job-creating...
Economy: The jobs data for January showed modest improvement, with unemployment dropping to 9.7% from 10% and the number of jobs lost coming in at a mere 20,000. Good...
Economy: Gross domestic product grew a robust 5.7% last quarter - much stronger than expected. Like everyone, we're glad the economy's getting back on its feet. But this...
Taxes: On the eve of President Obama's first State of the Union address, two Democratic congressmen are advising him to extend the Bush tax cuts instead of letting them...
Economic Recovery: The results are in, and last year's $787 billion stimulus not only failed to do what it was supposed to do, but it has also turned out to be one of...
Financial Crisis: It's common these days to hear that the 2007-08 financial meltdown was all the Fed's fault. Speaking last weekend, Fed chief Ben Bernanke set the...
Taxes: This time of year you hear a lot of politicians call for an end to discrimination. Maybe the IRS should spread some holiday spirit and stop discriminating against...
Energy: Earlier this year, Congress approved a scheme to pour $80 billion - on top of the tens of billions already spent - into renewables. A government report released...
Taxation: Congressional hearings were held Thursday to create a task force that will write a deficit-reduction plan. Unfortunately, as some are pointing out, the...
Finance: The White House thinks it can jawbone banks into lending to people they don't want to lend to. We've been down this road before, and it led all the way to the...
Economy: In a follow-on to the president's jobs summit, Congress is cooking up a jobs bill for a vote next week. It's the same tired recipe to expand government at the...
Budget: Massive deficits as far as the eye can see mean more than just a lot of debt. They mean slower economic growth, fewer jobs and higher prices for decades to come....
The Economy: We knew something was funny when the White House claimed that 640,000 to 1 million jobs had been created from this year's stimulus. What we didn't know was...
Regulation: Washington is quietly preparing a hostile takeover of Wall Street with a new bill that would put regulators in control of managing asset prices.
While all...
The Job Report: Another month, another drop in payrolls. Will it ever occur to our leaders in Washington that what they're doing isn't working - and may actually be...
Junk Science: The oracle of climate disaster has a new book out on global warming that should be on the fiction list. He asks us to commit economic suicide while he...
Economy: As we said as far back as February, it was likely the U.S. economy would grow by the third quarter of this year. Well, it did - and the 3.5% rebound was better...
Big Government: Hardly a day passes without the unveiling of some new federal intrusion into our lives. At some point Americans must say "enough's enough," or sit...
Global Warming: A co-sponsor of cap-and-trade legislation has tried to convince the public that the regime would cost families only "about a postage stamp a day." The...
Executive Pay: Bank of America CEO Ken Lewis is working for peanuts this year. No, less than peanuts - he's working for nuttin'. Why? The government says so, that's why....
Social Security: The White House wants to give a special $250 payment to all 57 million recipients of retirement, disability and veteran benefits. If it does, it will...
Climate Change: As a Colorado Rockies playoff game is snowed out, scientists report that Arctic sea ice is thickening and Antarctic snow melt is the lowest in three...
Fiscal Policy: Sometimes the worst ideas are the most tempting. So it is with the value-added tax, or VAT - a potential money gusher for strapped governments but a...
Commerce: Last month's tariffs on Chinese tires were explained away as just upholding U.S. law, not the first shot in a trade war. So why are special interests now...
Energy: An amazing number of oil finds have been made this year, including the biggest in California in 35 years. If the world is running out of oil, why do we keep...
Global Warming: President Obama warns of planetary doom at the U.N. if we fail to pass cap-and-trade legislation. Meanwhile, a former warm-monger predicts decades of...
Trade: President Obama has fired the opening salvo in a trade war with China by slapping 35% tariffs on its tires. But besides giving China a kick, this protectionism...
Climate Change: A team of international scientists has finally figured out why sunspots have a dramatic effect on the weather. It shows the folly of fearing the SUV...
Economy: The jobless rate has hit a 26-year high. More than 200,000 jobs were lost last month. Yet the White House continues to claim its stimulus legislation is...
Taxes: With so many bad ideas rolling around Washington these days, what's one more? Democrats and their union allies think slapping a tax on investment trades is a good...
The Law: If there's any doubt Ecuador's $26 billion lawsuit against Chevron is nothing but a scam to shake down Big Oil, check out a new video of Ecuadorean operatives...
Unions And Politics: Big Labor finally has a friend in the White House and allies in control of Congress. But it still doesn't have the public on its side. If anything,...
Health Insurance: Driven by focus groups, the administration and Congress rail against insurance companies to get ObamaCare passed. So why have they been protecting the...
Antitrust Law: Congress and federal regulators are likely to put the Microsoft-Yahoo deal through the political meat grinder. Should the government have such power over...
Washington: The administration has fulfilled a promise to cut spending by trimming $100 million from the 2009 budget. That's right — $100 million with an "m," an...
Fiscal Policy: The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy....
Free Trade: With unemployment at 9.4% and worse on the way, there's no doubt the economy's hurting. If the White House and Congress are serious about ending job...