Dog and Pony Show: An elaborate presentation orchestrated to gain approval, as for a policy or product. See also: China’s carbon dioxide emission cuts. One day after President Obama announced he’d make a trip to the Copenhagen Climate Change Conference in December with a pledge to cut our nation’s greenhouse …
President Obama didn’t accomplish much on his Asia trip. He has the media covering for him, though. They’re not praising him, they’re making bigger errors than he did, especially on the U.S. and China. Tough times have made people pessimistic about America’s future, and with good reason. Elements of the …
President Obama hosted a “townhall” meeting in Shanghai, accepting questions from his Chinese audience. One questioner gave Obama the opening to discuss the prospect of arms sales to Taiwan, an issue that is sure to arise when the President meets with Hu Jintao in Beijing. Unfortunately, rather than forthrightly stating …
There is a consensus, spanning the Democratic and Republican parties, our Asia-Pacific trade partners, and those interested around the world that President Obama is heading to Asia with one hand tied behind is back. The reason is his failure to develop and present a clear, coherent trade policy. Economics is …
Confusing times lead to conflicting concerns. Worries over current deflation run into worries about explosive inflation down the road and now there are growing worries over another global asset price bubble. All of these worries are valid, but the possible return of the asset price bubble is the newest and …
This week, the Senate Environment and Public Works Committee began debate on comprehensive climate change legislation, S. 1733, otherwise known as cap-and-trade. This legislation represents a new tax in the order of more than $1,700 per American household annually, and, if it’s passed, American families can expect to see considerable …