Much of the justification for subsidies, tax credits, and mandates for increasing wind energy production in the U.S. is that it will create jobs and help cool our planet’s fever. We’ve explained in detail how subsidized green jobs destroy jobs elsewhere, but it also turns out that increased wind power …
Consider these recent print headlines: Economic Growth Slowed by Trade Gap; Economic Growth Cut Sharply Due to Trade Gap; and Economy Slows to 1.6 Percent as Trade Gap Widens. The people who wrote those headlines and the corresponding articles must have awfully short memories. Last year, the trade deficit fell …
President Barack Obama lets people break laws that he doesn’t like. The latest example is his backdoor amnesty for thousands of illegal immigrants, as a still-fuzzy but insidious picture is emerging. Obama shows a pattern of refusing to enforce laws (or refusing to permit states like Arizona to enforce them). …
President Barack Obama finished-up his 10-day vacation on Martha’s Vineyard yesterday by flying down to New Orleans where he gave a speech at Xavier University marking the fifth anniversary of Hurricane Katrina. The President specifically linked the 2005 disaster with the region’s most recent troubles telling the audience: “Even as …
In the 18 months following approval of President Obama’s stimulus package, the Department of Transportation required recipients of government funds to post placards touting the economic recovery. As a result, signs prominently featuring the recovery act logo appeared everywhere — by the side of the road, in public transportation stations, …
There is bad news and worse news for state governments faced with underfunded pension promises. First, a new academic study shows that not only is the total gap between the pensions that state governments have promised to pay their employees and the available resources much larger than previous estimates, but …
