Over the last almost 50 years, two economic indicators, have done a great job predicting the vote share of incumbents in Presidential electi...
America is Now Even Closer to Fiscal Doom
Today is just an awful day. If Bush-appointed Justice Roberts had only voted with the rest of the conservatives, we would have been rid of ...
DC Students Cost Taxpayers over $27,000 per Pupil Yet Are Usually Ranked the Worst
I was a bit shocked when I first heard (from this Cato post) about how much DC students cost taxpayers on a per pupil basis. According to ...
Some Useful Definitions to Understand Our Modern Progressive World
From Cliff Asness of the hedge fund, AQR (h/t ZeroHedge ): Failed Policies of the Past Definition: Limited government, free markets, perso...
The Looming State Pension Disaster
A great piece from Walter Russell Mead on how lax accounting, underfunded promises and the need to reach for yield will likely doom many s...
State Department Violates Law, Doesn't Seem to Find Anything Wrong With That
Last week, Eli Lake , broke the story that the State Department issued a visa to a known member of an Egyptian terrorist organization, in vi...
Japan Set to Double Sales Tax to 10% and Set to Have Several More Lost Decades
The lost decade of the 1990's in Japan turned into a lost two decades as the 2000's were little better, and unfortunately, it looks ...