The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Obama’s Underpants Gnome Economy

Remember the infamous business plan from the South Park episode? Collect Underpants ? Profit Say hello to the president’s economic theory: Here's how to improve our economy and create hundreds of thousands of jobs: #RaiseTheWage. http://t.co/NLM2t9NyhS pic.twitter.com/UDTcTSaqZJ — Barack Obama (@BarackObama) December 4, 2013 It would be an insult to readers to explain why this […]

It’s Official: Detroit Is Bankrupt

Decades of control by labor unions and Democrats: The struggling metropolis of Detroit, overwhelmed by debt and groping for a path forward, on Tuesday became the largest American city ever to qualify for bankruptcy protection. That’s from the New York Times which has also been controlled for decades by labor unions and Democrats, so they […]

Ready for the Debt-Crisis Apocalypse?

If you think doomsday preppers are crazy, you’re wrong: Riots, massive unemployment, hyperinflation, savings accounts wiped out, financial markets in chaos — these are potential scenarios for America’s future, but exactly when and how the nation’s debt crisis will unravel is still a matter of speculation. Most economists doubt that the United States will soon […]

Our Moral Superiors: @Peter_Turchin’s Career of Selfish Academic Decadence

The Myth of Progress, which imagines history generally as a more or less steady advancement toward enlightenment, is dependent upon our willingness to ignore the possibility of decadence. Are we really more “enlightened” than the Founding Fathers? Do we see, in the general social and cultural trends around us, evidence of our moral and intellectual […]

Remember Those Official Unemployment Numbers? They Just Made ‘Em Up!

Ace of Spades pointed this out last night: Last year, when we were told that unemployment statistics indicated that the economy was improving, the people in charge of doing the counting were simply making up numbers, according to the New York Post. But what difference, at this point, does it make?  

‘Sooner or Later …’

“. . . you run out of other people’s money.” Post by Mike Smiley.    

Liberalism, a Job-Killing Machine

“The problem isn’t just ObamaCare, though. It’s the entire regulatory assault on employers coming out of Washington — everything from the EEOC” — the Equal Employment Opportunity Commission hits companies hard when employees claim age, race or sex discrimination — ”to the Dodd-Frank monstrosity. Employers are living in a state of fear.” — Bob Funk, […]

The Plight of @AdamWeinstein: History, Economics, Narcissism, and Generation Y

Prosperity is never permanent. Economic cycles of boom and bust are normal. Even in successful societies with sound policy, the economy goes up and down from time to time. Despite this knowledge — that the good times will be offset by hard times — when the economy turns down, doomsayers invariably declare that this is […]

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