They say that records are made to be broken. President George W. Bush set a record by adding $3.2 trillion to the national debt over the course of his eight years in office. But Barack Obama has already beaten that record with $4.4 trillion in just his first three years in office. People who thoughtlessly give money to panhandlers on the street seem not to realize that this is making installment payments on the degeneration of America. ... MOREThomas Sowell: Random Thoughts On The Passing Scene
They say that records are made to be broken. President George W. Bush set a record by adding $3.2 trillion to the national debt over the course of his eight years in office. But Barack Obama has already beaten that record with $4.4 trillion in just his first three years in office. People who thoughtlessly give money to panhandlers on the street seem not to realize that this is making installment payments on the degeneration of America. ... MOREWhy Some States Want To Cut The Cigarette Tax
Bucking a national trend of raising cigarette taxes, New Hampshire, New Jersey and Rhode Island have considered reducing theirs, hoping to draw smokers from other states and increase revenue. Supporters argue reducing the tax by a dime would make New Hampshire more competitive with Maine, Vermont and Massachusetts, while opponents say that even if the state experienced higher sales as a result it still would ... MOREVIDEO: Walter E Williams - Davis Bacon Sellout
Why Black Congressmen pit themselves against low-skilled workers.
Andrew Romano: How Dumb Are We?
America's ignorance could pose huge problems.They’re the sort of scores that drive high-school history teachers to drink. When NEWSWEEK recently asked 1,000 U.S. citizens to take America’s official citizenship test, 29 percent couldn’t name the vice president. Seventy-three percent couldn’t correctly say why we fought the Cold War. Forty-four percent were unable to define the rights ... MORE
Robert P Murphy: Why Unemployment Is So High
Everyone knows that the unemployment situation is very bad, but the official figures (not surprisingly) understate the problem. In this article I'll outline the severity of the stalled labor market, and explain some of the major causes. According to the Bureau of Labor Statistics (BLS), the official civilian unemployment rate in February was 8.9 percent. However, this figure (called U-3) is very misleading in the present ... MORE
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