Joseph Sites found bleak job prospects in Western Pennsylvania when he graduated in 2000 from the University of Pittsburgh with a degree in chemical engineering. “I had to uproot myself and my family to North Dakota to get back to Western Pennsylvania,” said Sites, 35, a Bethel Park native whose career also took him to Houston, New Orleans, Mexico and Dallas.
Worldwide taxation means that a company is taxed not only on it’s domestic earnings, but also on its foreign earnings.
From the moment he made it abundantly clear he intends to turn these United States away from a constitutional republic and towards a Western European-style socialist democracy, conservatives have been trying to convince the American people to reject President Obama’s vision for the country.
The real economic stories that came out this week will affect every American more than one terrible event.
Citing pension problems and a slowing economy, S&P Revises Pennsylvania's Outlook to Negative
Yet you may want to keep a very close eye on this sector, because a curious phenomenon is likely to happen again. Whenever investors begin fleeing retail stocks, they often punish them far too much.
"It's Time for Mark Regnerus to Get Collectively Dumped," read one online headline.The outrage was in response to a study that Regnerus, a professor in the department of sociology at the University of Texas, Austin, released earlier this summer. His crime? Doing research on the effects of same-sex parenting on children.
A British hotel replaces the in-room Gideon Bibles with copies of Fifty Shades of Grey (aka Mommy porn). A Christian organization is banned by the Advertising Standards Authority from announcing that God can heal sickness today.
In one of Saturday Night Live’s best sketches, Chris Farley played Matt Foley, a three hundred pound, disheveled divorcee and motivational speaker. In one memorable episode, Foley gives a speech entitled, “Go For It” to lethargic teenagers caught possessing pot.
Vienna was home to 23 synagogues prior to World War II, only one of which outlasted the Nazis --the Stadttempel, which was constructed in 1825 and 1826 and which survived Kristallnacht in November, 1938.
There was a time, within living memory, when the achievements of others were not only admired but were often taken as an inspiration for imitation of the same qualities that had served these achievers well, even if we were not in the same field of endeavor and were not expecting to achieve on the same scale.
When it comes to soldiers, breast-feeding moms, toddlers and grannies, the Transportation Security Administration is not just hands-on, it's hands-all-over. But when it comes to illegal alien pilot trainees, our homeland security bureaucracy's policy is still stuck in pre-9/11 mode: Hands off, blinders on.
"Ask yourself why totalitarian dictatorships find it necessary to pour money and effort into propaganda for their own helpless, chained, gagged slaves, who have no means of protest or defense. The answer is that even the humblest peasant or the lowest savage would rise in blind rebellion, were he to realize that he is being immolated, not to some incomprehensible noble purpose, but to plain, naked human evil."
Network television is a pretty dreary place in the summer time. It's somehow the perfect time for Hollywood executives to throw millions of dollars at ever-dumber sexualized content. It's hard to tell what offends more, the raunch or the sheer stupidity of it all.
The president's defenders have claimed he either misspoke last week at a Roanoke, Va., campaign event or that what he said is true. Both defenses have merit. Obama surely didn't mean to say something that politically idiotic so plainly. And it's true that no man's accomplishments are entirely his own. We're all indebted to others, and we all rely on government to provide some basic things. Only the straw-men conservatives of Obama's imagination yearn for an America with no roads and bridges.
Good afternoon, ladies and gentlemen. Although I believe your organization is no longer necessary and is on the balance harmful to race relations in America, I am nonetheless honored to speak to you tonight. I am honored to speak to you because I recall the days when the NAACP was committed to racial equality.
President Obama's "you didn't build it" gaffe just defined the 2012 campaign. It succinctly encapsulates the president's prejudices about the public versus the private sector. Though the president has frequently mouthed platitudes in praise of enterprise, his suspicion and contempt for business has always percolated just beneath the surface.
On Thursday night, I attended “Bursting the College Bubble: The Status of Higher Education Today,” hosted by America’s Future Foundation and the Pope Center for Higher Education Policy.
Mitt Romney repudiated President Obama’s attacks on his personal finances on Tuesday, calling it “a sad day when that is the course that the president takes.”
Taking a dozen grandchildren on vacation means that we buy cereal by the ton and milk in multiple gallons. I was in the cereal aisle, squinting at the list of ingredients on a brightly colored box of "high-fiber multigrain something," when a fellow shopper put the question to me: "So, Col. North, what's the 'October surprise' for this election?"
Race has become the third rail of American politics. Touch it, and you die. It's the rail some of our angriest Democrats want to ride Mitt Romney and the Republicans out of town on. The word "racist" is the new shorthand for "evil," replacing Hitler as the all-purpose evil those with stunted imaginations accuse their opponents and enemies of. Not so long ago, racism was a crime so heinous that merely to be accused of it was all the proof needed for conviction.
For a group of 4,000 Iranian refugees currently living in Iraq, a United Nations report this week could prove crucial in determining whether they will live as virtual prisoners in the desert or be able to build new lives in freedom elsewhere.
Be alarmed: The U.S. government continues to be "advised by organizations and individuals that the U.S. government itself has identified in federal courts as fronts for the international Muslim Brotherhood."
WASHINGTON -- With the economy showing new signs of weakness, Fed Chairman Ben Bernanke was virtually begging Congress this week to act.
Millions of Americans watched their evening news in horrified fascination. The Colorado Springs wildfire had doubled in size overnight, to 24 square miles – half the size of San Francisco – as 50-mph gusts carried fiery branches from exploding treetops across fire breaks, down Waldo Canyon and into fresh stands of drought-dried timber. Flames crested the ridge above the beautiful Air Force Academy campus, 346 houses burned, hundreds more faced immolation, and 32,000 people were evacuated, through smoke and ash that turned daytime into a choking night sky.
In December 1828, South Carolina had 5,000 copies of John C. Calhoun’s “Exposition and Protest” printed and distributed throughout the state. A defiant document, Calhoun’s “Exposition” outlined a theory of constitutional interpretation first adumbrated in the infamous Kentucky and Virginia Resolutions, which asseverated the right of states to declare “null and void” acts of the federal government within their respective jurisdictions.
You don’t build the polis on the lie of the scapegoat, not because it can’t preserve the polis for a time, but because any city that requires the scapegoating of an innocent man is a society which does not deserve to be preserved.
Supporters of the president's unpopular health care mandate tax are now trying to justify it on the theory that those who go uninsured later impose large costs on the rest of us through emergency rooms. But the truth is emergency rooms are crowded not by the uninsured, but by Medicaid patients.
Like a child who edges the line to see how many rules he can break, President Obama is testing America’s patience with a pattern of unconstitutional behavior that rivals any other president’s record, trading out America’s founding principles for top-down policies designed to centralize control in the federal government. No wonder Americans are fed up and eager to take back what’s theirs by staging a hostile takeover of Washington.
The book Atlas Shrugged is required reading in my house
Chile's transition from statism and dictatorship to freedom and prosperity must rank as one of the most positive developments over the past 30 years.
Not a presidential election goes by without producing another prize specimen for my extensive collection of Famous Smears I Have Known, and this year's campaign is no different. It's a red-white-and-blue, dadgum all-American tradition, telling whoppers about the opposition. It goes back at least to 1800 and the Adams-Jefferson match.
Following the attacks of September 11, 2001, I expected there would soon be consensus across ideological, national, and other lines that terrorism is wrong — that no political goal or grievance justifies intentionally murdering innocent men, women, and children. I was wrong.
On Tuesday night’s broadcast of the CBS Evening News, anchor Scott Pelley opened with sobering words: “This is the worst economic recovery America has ever had. We’ve been looking for hopeful signs, but today the chairman of the Federal Reserve threw a cold splash of reality on those hopes.”
Barack Obama's great rhetorical gifts include the ability to make the absurd sound not only plausible, but inspiring and profound. His latest verbal triumph was to say on July 13th, "if you've been successful, you didn't get there on your own." As an example, "Somebody invested in roads and bridges. If you've got a business -- you didn't build that. Somebody else made that happen."
When I think of the word enthusiasm, I am reminded of a scene out of the 1987 movie "The Untouchables" about gangster Al Capone. In the scene, Capone (played by Robert De Niro) is walking around a table that is surrounded by his men. As he walks, he talks.
In the Arabic media, there are reports that Muslim clerics -- energized by the sudden emergence of Egypt's new president, Muhammad Morsi of the Muslim Brotherhood -- are now agitating to demolish the Egyptian pyramids. According to agitated imams, the Pharaohs' monuments represent "symbols of paganism" from Egypt's pre-Islamic past and therefore must vanish.
Perhaps the rain made the teleprompter unreadable. That's one thought I had on pondering Barack Obama's comments to a rain-soaked rally in Roanoke, Va., last Friday. Perhaps he didn't really mean what he said. Or perhaps -- as is often the case with people -- when unanchored from a prepared text he revealed what he really thinks.
Photo voter ID laws, according to Attorney General Eric Holder, are a "poll tax." "Many of those without IDs," Holder recently told the NAACP, "would have to travel great distances to get them -- and some would struggle to pay for the documents they might need to obtain them."
The greatest distinguishing factor between countries in which there is some freedom and those where authoritarian governments manage personal behavior is the Rule of Law. The idea that the very laws that the government is charged with enforcing could restrain the government itself is uniquely Western and was accepted with near unanimity at the time of the creation of the American Republic.
Dear Ruler: First, let me say how thrilled I am that you went off-teleprompter last week. This “If you’ve got a business, you didn’t build that. Somebody else made that happen” thing was just wonderful. Now I know how Chris Matthews felt.
Stephen Covey, the management guru who died this week, would have had a hard time selling his books in Benjamin Franklin's America, or Abe Lincoln's. His best seller "7 Habits of Highly Effective People" would have been considered a self-evident truth, one drummed into earlier Americans by schools, churches and the Puritan ethic.
One of the few issues which both the political left and the right agree upon is rooting out financial corruption by the banking industry. The latest banking scandal involves big banks submitting falsified data in order to keep their borrowing rates low.
"Why is the modern Republican Party so opposed to allowing the rich to pay just a little bit more in taxes to help solve the debt and deficit problem in this country that they would prefer no deal at all?" Sen. Patty Murray, D-Wash., asked at The Brookings Institution on Monday.
It's a familiar story: A manufacturing company finds its wages too high, looks for ways to cut costs and ends up moving production overseas where the pastures are greener. It happened when some American jobs were outsourced to China.
I see that the stalwarts of Reform Politics throughout the city of New York have been given reason for hope and change. It is reported that former congressman Anthony D. Weiner (pronounced as you might expect) is testing the waters for a return to public life. He is mulling over a run for the mayor's mansion or perhaps a campaign for "public advocate." I am not really sure what a public advocate does, but Weiner has done things in public that are very daring, so I have no doubt he could handle the duties of a public advocate.
Kim Jong-un now holds the highest military rank in North Korea and all his father's and grandfather's positions. It means he has consolidated the loyalty of the armed forces.
Rather than trying to squeeze more blood from an unwilling stone, maybe the Italian government should junk the current tax code and adopt a simple and fair flat tax.
With Bastille Day just past, let us pause, briefly, to salute the greatest economist of the 20th century: French monetary statesman Jacques Rueff. The little-publicized Rueffian school (to which this writer belongs) quietly is working to gain influence in the corridors of power to revitalize Rueff’s great legacy, the classical gold standard.
While short-term traders may have been listening to Bernanke for news to spark a sharp rally in the equity indices, others may have picked up on his warning of another recession if Congress doesn’t reach an agreement soon to avert a budget crisis.
Democrats are takers. They believe in the power of big government.
Already, the folks at Oscar Mayer are offering suggestions for how to make a lunch that kids will find nutritious and delicious, though they don’t offer any advice in the ads on how to keep school administrators from pitching your homemade lunch and force-feeding your kid chicken nuggets.
Before taking the oath of office, Barack Obama vowed to fundamentally transform the United States. He has certainly done so.
Many people would say the biggest mistake President Barack Obama made was getting elected President of the United States. He’s presided over one of the worst economies since the Great Depression where unemployment has been stuck over 8% for 41 straight months and our soaring debt earned America its first credit downgrade in history.
BEACHES AREN'T MY THING, and reading on beaches even less so. I've never understood how anyone can enjoy a book in the midst of all that sand, glare, and greasy suntan lotion. For reading ambiance, I'll take an easy chair in an air-conditioned room , and leave the damp swimsuits and gritty beach towels to those who appreciate them.
Several weeks ago the Supreme Court unintentionally gave conservatives a shot in the arm they needed to renew the fight against ObamaCare. The GOP Doctors Caucus, chaired by Georgia Rep. Phil Gingrey, has been vocal in educating the public and fellow members on the effects of ObamaCare.
Recently, I was going through an old box and found a picture of my father. As I held it in my hands, I remembered his life, and it was amazing how many emotions the picture communicated. I continued through other boxes, finding more and more photographs, and was struck again by the fact that, in every instance, I was looking at pictures of life. Then it dawned on me--
Obama campaign adviser David Axelrod and his hatchet people are still yammering about GOP presidential rival Mitt Romney's overseas investments.
The agendas of liberals, progressives and assorted tyrants desperately depend on the aspects of human nature they often condemn, such as acquisitiveness, profit motive, self-interestedness and greed. This crossed my mind while reading "How Departures From Economic Freedom Can Affect Freedom In General," by Dr. John Taylor, a Hoover Institution scholar.
Back in 2007 and 2008, it was remarkable watching Barack Obama treated to one puffball interview after another, courtesy of Steve Kroft on "60 Minutes." Kroft compared him to Abe Lincoln and oozed about his "political poetry." But it's simply irresponsible, after three and a half years of President Obama wrecking the economy, that CBS -- now with anchor Charlie Rose -- is still in puffery mode.
Why should religious leaders, of all people, turn their fire on celebrities who use their popularity for public proclamations of the almighty’s power?
Over the years, many have wondered what happened to “Say Anything” star Ione Skye. Now we may have our answer. In the movie her character, Diane Court, famously urged her fellow graduates to “go back.” So maybe Ione has followed her own advice and become an environmentalist.
Last week, the Republican-controlled House of Representatives voted to repeal the Patient Protection and Affordable Care Act, aka ObamaCare. It was the 33rd such vote taken by the House and, since Democrats control the Senate, no more likely to be successful than the first 32.
Liberals also criticized Bush for the way he communicated his foreign policy and claimed the world loathed us because of it. Bush’s strong-armed approach effectively protected us from another 9/11 for nearly a decade.
The pension plan assumes 7.5% annual growth. This year is reported one precent.
At the risk of stating the obvious, this doesn’t mean that anyone should use drugs. I’ve led a very boring life, for instance, and have never tried any illegal drugs.
In 2013, prices for protein could skyrocket. Not only that, but the fact that processors aren’t using “pink slime” anymore causes the demand to go up.
Government provision of food stamps has become the second-largest welfare program in the country and is expanding rapidly. Rich Lowry shares the latest statistics, and they are troubling to say the least. Through the combined efforts of Presidents Bush and Obama, the number of people on food stamps has almost tripled in the last 12 years, growing from 17 million in 2000 to 46 million today!
The Obama campaign suggested last week that Mitt Romney may have committed a felony by listing himself as Bain’s CEO in SEC filings after he left the firm in 1999 to run the Olympics. As outrageous and inappropriate the claim, President Obama has no intention of apologizing to Governor Romney.
If we as a nation want to know what it will take to get back on track, we need look no further than what Republican Governors are doing throughout the country. The principles they are following are the key to our salvation and lead down the exact opposite road Barack Obama and the Democrats want to take to go “FORWARD.”
When I was a little kid, there was a game I used to play while out and about with my family. Every time we came upon an escalator, I'd run ahead and charge up it as fast as I could, just so I could then stand at the top and "pull" everyone else up by the moving handrail.
Mitt Romney's speech to the NAACP convention in Houston was -- according to one's political perspective -- a "calculated move on his part to get booed..." to help his white base (Rep. Nancy Pelosi), or a presentation to "independent thinking adult citizens" whom he treated as equals (Rush Limbaugh).
Last week, I summarized how President Barack Obama has not lived up to his campaign promises to lower the national deficit and debt and get our nation's fiscal house in order. So now I'm calling on him to heed the economic advice of our nation's first eight presidents.
Like all true Obamtrepreneurs, Gluckstern has opened a new company, to “partner” with local government in this extra legal scheme to steal from some mortgage companies and give to other mortgage companies with the full sanction of the government.
The Chicago Teachers Union made headlines a few months ago when it was revealed that the union was demanding a 30 percent raise in its new contract proposal. Such an enormous raise – regardless of the supposed justification – would be unthinkable in a district with a $665 million budget deficit and a 9.8 percent unemployment rate.
In Lone Survivor, a chilling, firsthand account of the loss of eleven members of the Navy’s elite Sea, Air, Land (SEAL) Team and eight Army aviators, Petty Officer Marcus Luttrell describes the fateful decision that led to disaster for him and death for his comrades.
Keynesian economics is the false vision of human action that says the way to promote economic recovery and renewed growth is through increased government spending, deficits and debt. If that sounds nuts, that's because it is.
Reasonable people tend to tune out the Washington noise — rightly believing most of it is meaningless grandstanding. But the continued hectoring in China's direction is likely not so harmless. Combined with the Federal Reserve's stated policy to keep interest rates at virtually zero until the end of 2014, these are the sounds of Currency War III (CWIII) in its initial stages.
The U. S. Supreme Court decision on broadcast indecency in FCC v. Fox Television, Inc., (June 21, 2012) (“Fox II”), has reignited an important debate: whether TV networks have a right to distribute indecent material into our homes without our consent. The U. S. Congress prohibited such activity and the high Court upheld that prohibition decades ago. To obtain their licenses to broadcast, networks pledge to act in the “public interest,” but for years, they have abandoned that pledge to promote their own morbid interest in indecency.
Recognition of a state of civil war or belligerency has implications. For one thing it implies that there exists an alternative and functioning government that meets the qualifications for recognition in the UN Charter, which are derivatives of international customary law.
Removing American-financed subsidies from the OECD won’t necessarily put an end to this corrupt and statist bureaucracy. But at least American taxpayers won’t be violated to subsidize the pampered officials who drive the OECD’s biased agenda.
All of a sudden, consumers and businesses alike are going to have a "lights out" moment where orders dry up, hiring dries up, and unemployment heads north.
Essence claims to have a “motivating message” for African-American women, and to “speak directly to a Black woman's spirit, her heart and her unique concerns. Every month African-American women rely on Essence for editorial content designed to help them move their lives forward personally, professionally, intellectually and spiritually.”
Although Ralph Lauren got rich selling the American Wasp image, Mr. Lauren’s vaguely creepy uniforms for the U.S. Olympic team are more suggestive of Paris's Left Bank Maoists than hearty American athletes. The berets were a huge mistake, Ralph.
It wasn’t so long ago that a stranger asking for information from your Social Security card so the government could pay your household bills would set off internal alarm bells about this would-be do-gooder. But after years of bailouts, it’s no surprise thousands have fallen victim to a horrible hoax as they believe the Obama administration is set to pick up their utility tabs.
During these days of dismal economic performance and a woeful lack of understanding and leadership from the White House, thoughts naturally turn to other Presidents and how they handled difficult times.
The mid-July rumor that Mitt Romney might pick former Secretary of State Condoleezza Rice as his running mate was a fun Matt Drudge scoop for those in the country who live off political-campaign gossip. It was candy for junkies looking for a pre-convention news high, this one a natural coming after Ann Romney's offering that the former governor of Massachusetts might be eyeing a woman to fill the slot.
We hear the “repeal and replace” slogan a lot. Pundits such as the socialist editorialist Clarence Page have called Republican leaders out, Sen. Mitch McConnell in particular, for not having a replacement plan for ObamaCare if they can manage to repeal it.
As his re-election hopes dim, the mainstream “progressive” media continue to run interference for Barack Obama. It’s predictable. They no longer even try to hide it. They persist in slobbering on their over-hyped, under-capable would-be savior as his campaign collapses around them. The sycophancy is embarrassing and the desperation palpable.
In July, 2009, Newsweek ran a feature article on “relationships with multiple, mutually consenting partners,” entitled, “Polyamory: The Next Sexual Revolution.” Last week, Showtime launched a reality TV show called “Polyamory: Married and Dating.” To quote from Newsweek’s 2009 article, it’s “enough to make any monogamist’s head spin.” And all this, of course, is being touted as a great thing, a celebration of love and freedom, a deliverance from the monotony and constraints of monogamy.
As a general rule, that's obvious; it's why the law distinguishes between adults and minors in the first place. But why should policymakers be prohibited from recognizing exceptions to the rule, and treating juveniles as adults in certain extreme circumstances?
LONDON -- 1776 is a number with great resonance for Americans, but not one you expect to be featured on a British government website.
It’s a predictable mantra as speculation mounts about the identity of the person who will occupy the number two spot on the 2012 GOP ticket: The most important thing for a VP selection is that it be someone who is prepared to be president.
I’m getting sick and tired of all the violence. Every few months, the campus community gets another email blast from the police saying that a gunman is loose on the UNCW campus. For those who don’t know, UNCW stands for The University of North Carolina at We-are-sitting-ducks-because-only-criminals-carry-guns-on-campus. Our ban on guns has turned the campus into safe haven for armed robbers. It has also increased the incidence of violent crime around the perimeter of our campus. The explanation for the trend is purely common sense. And my solution is pure genius, largely because it is born of my boundless humility.
The House Agriculture Committee has reported out its version of a new farm bill that will cut $16.5 billion over ten years from funding of SNAP – Supplemental Nutrition Assistance Program - the program once known as food stamps.
President Obama is mass-texting me although I never opted into his texts. I feel like he controls my phone remotely. So, I’m texting him back: HEY PREZ, WILL U PLS STOP TXTING ME?! AND WHILE UR AT IT, STOP SPYING ON ME W/ DRONES. I’D LIKE SOME PRIVACY. THX!
Barack Obama was a no-show at the recent 103rd NAACP conference, but, clearly, he is being given a pass by the NAACP leadership. Checking the president's schedule, apparently there was nothing so pressing that he should have been unable to attend the meeting in Texas, but instead, he relegated responsibilities of the annual NAACP meeting to the vice president.
In an otherwise routine speech in May, 1992, Vice-President Dan Quayle criticized Murphy Brown, the TV character played by Candice Bergen, for bearing an out-of-wedlock child, emphasizing that it “ignored the importance of fathers.” He was subsequently skewered by the elitists of the cultural left. How, they asked, could he make such a big deal about a fictional character? The culture warriors insisted that there was nothing wrong with a woman having a child that she would raise alone. Of course, the left always believed that Quayle was an idiot, so they abruptly dismissed his comments as idiotic. That lack of concern has led us to a point where our country – the American Experiment – is going to hell in a hand basket.
July 12, 2012 marked the end of the NAACP’s annual meeting and 103 years of faithful service to the black community. Members and their families gathered from around the world. Their annual pilgrimage celebrates the work of WEB Dubois, Medgar Evers, and thousands of patriots who believed in the American dream.
The left continues to pile on Mitt Romney for allegedly outsourcing jobs while at Bain Capital. Yet the mainstream media seem curiously uninterested in reporting on “outsourcing” by the Obama Administration, which has (1) outsourced stimulus monies to create jobs in foreign nations, (2) outsourced U.S. foreign policy to U.N. and (3) outsourced our kids and grandkids financial future to pay for his unprecedented spending binge.
As the entire media was foaming at the mouth over Mitt Romney and whether or not he was a “felon”, our President signed another directive that completely gutted the Welfare reform act that was signed into law under Bill Clinton in 1996.
Hollande largely has pursued a statist agenda of higher taxes and more wasteful spending since taking office, which is par for the course, but I will give him credit for cutting back on some of the personal excesses of France’s ruling class.
Would dropping insurance coverage actually make sense for healthy individuals? To find out, we've built a tool to run those kinds of numbers! You can see that tool here.
SCRANTON – This northeastern Pennsylvania city is charming. You might even consider it gorgeous, if you appreciate the remarkably well-preserved old-world charm that industrial cities carved into their grids at the start of the 20th century.
If government spending was an answer, there never would have been a question to begin with. The billionaires and millionaires don’t have our money, the government unions do.
“I thought I could get free healthcare by making someone else pay for it...”
When I was a young dork growing up in West Texas in the 70s and 80s, my folks raised me to believe that making good money via righteous and industrious means was actually a good thing—y’know, something to aspire to. Remember that notion?
It may have been a bit surprising when the NAACP held its national convention and Mitt Romney showed up. Romney, as comedian Reggie Brown put it, is "what people who hate white people think of when they think of white people." He's likely to do about as well among black voters as he is among Wiccans.
In recent years, Mexican cartels have begun to forge close relationships with Chinese organized crime groups that are helping the cartels obtain precursor chemicals for the manufacture of methamphetamine and other synthetic drugs.
The thing that amazes me in all of this is the USDA still expects the third biggest corn harvest ever.
The good news is that we know how Europe became rich and we know that a return to small government and free markets will enable Europe to again enjoy rapid growth.
Larry Kudlow, anchor of The Kudlow Report on CNBC and a budget official in the first Reagan White House, says this year's presidential election will be a referendum on the economy and President Obama.