You might think that a White House press briefing would be the one place where it’s safe to ask the Obama Administration a question about its economic policy. Well, think again, especially if you’re questioning the underlying premise of the Administration’s economic philosophy. Yesterday, The Wall Street Journal’s Laura …
It sounds like something out of a movie. A nuclear weapon detonates at high altitude, generating a burst of electromagnetic energy that devastates the United States–destroying electronics, collapsing communications, halting transportation, and shutting down all electrical power. Unfortunately, the threat of an electromagnetic pulse (EMP) strike is all too real, and …
The Dow Jones Industrial Average saw its biggest daily gain yesterday since March 2009, but Americans’ confidence in the economy has dropped to levels not seen since that same time period, according to a new Gallup poll. Americans’ economic confidence plunged to -53 in the week ending Aug. 7, a level …
The liberal political machine was in full throttle. Millions of dollars in campaign ads streamed on TV. An army of union workers descended on the state in a massive grassroots voter mobilization effort. But when the dust settled, the smoke cleared, and the votes were counted, the conservative majority that …
Late last month, Smithsonian.com launched a “Department of Innovation” blog in hopes of reigniting President Barack Obama’s call for this generation’s “Sputnik moment”—in less glossy terms, that means taxpayer-funded corporate welfare to pursue the President’s pet projects. Fittingly enough, the “Department of Innovation” logo featured a series of cogs that, if …
In the shadow of yesterday’s disastrous Wall Street meltdown and President Barack Obama’s address to the nation, a lesser-noticed piece of news emerged from the Obama Administration: By executive fiat, the White House is once again circumventing Congress in the name of advancing the President’s agenda. It’s a story we’ve …
Advocates of Obamacare often point to Great Britain’s National Health Service as an example of a national health care system that works. But all is not rosy across the pond, as England is beginning to ration treatments for “non-urgent” conditions such as hip replacements, cataract surgery and tonsil removal in order …
Congress’ job approval ratings have sunk to around 20 percent, while their disapproval is up to an average of 73.4 percent. Yet for all of America’s dissatisfaction—and Congress’ failure to combat the nation’s fiscal crisis—Members of Congress are earning salaries and fringe benefits that far exceed those of the average …