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QUESTIONS for all you financial genius types. The old saying "Cut off your nose to spite your face" comes to mind.
The President has managed to cripple the coal industry, raising unemployment and raising the cost of energy in coal dependent states. WAS THAT THE RIGHT THING TO DO AT THIS TIME?
The President has managed to delay oil exploration and new drilling off U.S. shores doing severe damage to the industry and raising unemployment, doing nothing for the cost of energy. WAS THAT THE RIGHT THING TO DO AT THIS TIME?
The President created a healthcare monstrosity that threatens to overwhelm small and large business, drive healthcare professionals out of the market, and effectively destroy incentive and creativity. All of...
The sequestration that was averted in the January 1 fiscal cliff legislation will still threaten a significant portion of the Pentagon's budget. Sequestration has been postponed, not avoided.
On March 1, there are still $45 billion of cuts to the Department of Defense scheduled to take place. Those looming cuts are already altering the Pentagon's administration and decisionmaking. As Comptroller Robert Hale said:
"We face a lot of uncertainty," Hale said. "We find ourselves balancing a lot of costs and risks."The Pentagon comptroller also said the department was likely to be delayed in...
But that doesn't change the fact that we need to make cuts in defense too. It makes no sense to borrow money from the chicoms to defend our competitors against countries that no longer exist.