Perhaps the most surprising revelation in the video is that America suffered a harsh depression after World War I, with GDP falling by a staggering 24 percent. But we don’t read much about that downturn in the history books, in large part because it ended so quickly.
The earth moved the other day. The shaking was felt from Long Island to Michigan and was triggered by two giants turning over in their graves.
This week marks the seventieth anniversary of the Japanese attack on Pearl Harbor. More than 2,500 Americans were killed in that “sudden and deliberate attack.”
In the spirit of the recent holiday, among the many things for which Americans should be thankful is a political decision made more than 67 years ago as the Second World War was beginning to wind down and as the nation’s voters prepared for a presidential election. It was one of Franklin Roosevelt’s finest moments of decision, though admittedly, one he exercised reluctantly.
Joe Biden is not a big effing deal, as he might say. In fairness, few vice presidents matter, and Biden suffers by comparison to his immediate predecessor, who mattered more than most.
Another day, another jobs bill/economic stimulus. And another presidential tour to promote it.
Forced unionism and forced collective bargaining is tantamount to slavery as I have noted before.
Americans are more jealous of their freedoms than libertarians sometimes realize. For nearly 150 years, civil liberties in this country have been on the upswing. Ten years after 9/11, they still are.
President Obama’s speech on Thursday night bordered on parody.
Where is the compromise between the Keynesian big government views of the Obama administration and the Democrats, and the Classical economic small government views of the Tea Party? It has been proven that no infrastructure projects touted by government post stimulus were shovel ready. The multiplier effect of government spending on GDP is zero.
My mother's mother revered Franklin Roosevelt. She voted for him four times, and firmly defended him decades later, when I tried to convince her that FDR was not the haloed saint she imagined.
Castro’s embassy (euphemized as “Interest Section”) in Washington D.C. will soon open an in-house “invitation-only” nightclub named “Hemingway’s Bar.” The news comes courtesy of The Atlantic Magazine—the same Atlantic that a year ago smugly predicted Communism’s immediate end in Cuba.
Boy the old liberals seem to have become awfully quiet recently. I guess that happens when your president’s approval rating dips to 35 percent in Pennsylvania. Maybe people still rely on coal in Pittsburgh.
Instead of trying to use the government as a heavy club, why not use jujitsu and allow inertia to transform us economically? Obama has wielded the heavy club since taking control and has nothing to show for it. We are worse off.
Perhaps the most attractive feature of migrating our automobiles to compressed natural gas would be transferring the investment of capital and jobs into the American economy, finally breaking our foreign oil dependence.
To quote the infamous Howard Beale of Network fame “I’m mad as hell and I’m not going to take it anymore.” Do the media, politicians, market analysts, and the general public always have to drink the Kool-Aid?
The various courts and activist judges across America certainly give us plenty to fret about, but in just the last few weeks three separate federal courts rendered decisions to give conservatives plenty to cheer about and give the Obama Administration and the "progressive" left a bad case of heart burn.
It was war that started the recovery, not the policies of Roosevelt. That statement may sound contrary to Austrian economics but it's not.
Departing Council of Economic Advisers chairman Austan Goolsbee defends Obamanomics. I push back. But he's for pro-growth tax reform. I'm for it. So where's the President?
President Obama’s New New Deal of massive government intervention was inspired by FDR’s New Deal, and both have been plagued by chronic high unemployment.
People are beginning to compare Barack Obama's administration to the failed administration of Jimmy Carter, but a better comparison is to the Roosevelt administration of the 1930s and '40s.
In the weeks during and since the debt-ceiling debate, the media, pushed by the Democratic Party, has peddled the propaganda that our government is broken -- because the Republicans in the House of Representatives negotiated a better deal than the liberals wanted.
After Pearl Harbor, President Franklin D. Roosevelt's presidency changed. As he put it in 1943, "Dr. New Deal" had to be replaced by "Dr. Win the War."
Sarah Palin doesn’t deserve the ridicule she receives from the mainstream media, nor does she merit the adulation she inspires from her legions of fans. The over-reaction on each side feeds the super-heated response on the other.
Before any project can be economically viable, labor costs must be addressed, and that is exactly why we need to scrap Davis-Bacon and all prevailing wage laws. We also need to eliminate collective bargaining of public unions, preferably getting rid of public unions in entirety.
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