President Obama’s wooden speech tonight, ostensibly focused on Iraq, actually gave short shrift to the war in Iraq and failed to convincingly articulate a vision of Iraq’s future, his own Iraq policy, or America’s role in the world. The President talked about ending the war, but not of victory. Apparently …
Unfortunately, President Obama missed a valuable opportunity tonight to demonstrate that he is fully committed to success in Afghanistan. Instead he stubbornly reiterated his July 2011 withdrawal date. Obama rightly said Americans should not lose sight of what is at stake in Afghanistan and that the U.S. must prevent the …
Hurricane Katrina destroyed more than just buildings. Left with scarce resources and personnel, local government in New Orleans became weak and ineffective in the aftermath of the flooding. Five years later, the rebuilding of New Orleans is far from complete, but reformers can point to at least one major accomplishment: …
In the 1980s and 1990s, Chicken Littles warned that Japan was buying up America. The biggest symbol that our country couldn’t keep up with Japan’s managed-trade policies was the 1989 purchase of New York’s Rockefeller Center by Mitsubishi. Even though the sky didn’t fall, protectionist Chicken Littles are at it …
In the ongoing discussion on how best to address the nation’s out-of-control deficit spending, one proposal would increase taxes by adding a value-added tax (VAT) on top of the current tax system. Proponents argue that a new tax on consumption would raise the needed revenues to close the deficit gap …
By now it’s obvious that the government’s “stimulus” spending spree has failed to achieve its intended results—just as critics of Keynesian economic theory predicted. Compounding the policy blunder is the failure of officials to properly vet some of the costly public works projects. Case in point is the $7.2 billion …
Yesterday, President Obama insisted that a coalition of Senate Republican legislators is playing partisan politics yet again. He told Americans that he knows exactly what small businesses need in order to start productively hiring, and that’s the Small Jobs Act, which is currently before the Senate. The business community does …
