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Posted by Kathleen McCaffrey on February 02, 2011 6 Comments
K. McCaffrey — Last week, Britain’s chief central banker, Mervyn King, painted a grim picture of the years to come in the UK. – “In 2011, real wages are likely to be no higher than they were in 2005… One has to go back to...

Posted by William A. Jacobson on January 04, 2011 26 Comments
I previously asked you to tell me about Tim Pawlenty, and I learned a lot. Mitch Daniels also is presented as a conservative with the credentials to unite the base with the establishment without a lot of negatives (other than being conservative, of course). So...

Posted by William A. Jacobson on December 28, 2010 4 Comments
Alfred Kahn has passed away.  As you travel during the holidays, shopping around for cheap airfares, you have Kahn to thank.  Kahn, a Professor at Cornell, was responsible for deregulating the airline industry. I realize all you kids think airfare competition always has been a...

Posted by William A. Jacobson on December 25, 2010 15 Comments
China is ascendant so our administration wants us to emulate China’s infrastructure investments and constructions, by building high-speed and light rail projects few will use and which will further drain state budgets. It will not last.  China’s ascendancy, that is.  I agree with this analysis...

Posted by William A. Jacobson on December 08, 2010 17 Comments
One of the interesting aspects of the “framework” announced by Obama to prevent marginal income tax increases on anyone is that part of the quid pro quo demanded by Obama was a one-year 2% drop in the portion of social security (FICA) taxes paid by...

Posted by Kathleen McCaffrey on November 10, 2010 76 Comments
It has been a less than stellar week for Sarah Palin. Last Friday, Peggy Noonan insinuated that she was a nincompoop, and chastised her characterization of Reagan as “just an actor.” It goes without saying that Noonan, a cherished vestige of the Reagan Administration, wields...

Posted by William A. Jacobson on August 25, 2010 7 Comments
The credibility of the Congressional Budget Office suffered a grievous blow during the health care debate when the CBO was forced by Harry Reid to “score” Obamacare using preposterous and plainly contrived assumptions in order to keep the cost estimates below a trillion dollars. Now,...

Posted by William A. Jacobson on April 05, 2010 4 Comments
Wait for it. The next bailout will be for hospitals devastated by cut-backs as a result of Obamacare. In Rhode Island, the prognosis already is not good for the survival of hospitals already struggling financially, which may be pushed over the brink. As reported by...

Posted by William A. Jacobson on January 06, 2010 4 Comments
Martha Coakley is the union candidate in the Massachusetts Senate special election against Scott Brown. During the primaries, SEIU spent $214,000 on advertising in support of Coakley, and is expected to throw more money into the race in the final two weeks. SEIU is organizing...

Posted by William A. Jacobson on December 12, 2009 2 Comments
Barack Obama loves to try to blame George Bush for our deficits and out of control spending, as if Democratic control of Congress for the last several years, and Obama’s control of the budget this year, had nothing to do with it. So how will...

Posted by William A. Jacobson on October 23, 2009 9 Comments
Joe Klein is a concern troll. In purporting to criticize Obama’s attacks on Fox News, Klein devotes most of his latest post to attacking Fox News: Let me be precise here: Fox News peddles a fair amount of hateful crap. Some of it borders on...

Posted by William A. Jacobson on September 02, 2009 4 Comments
The British papers have been on a tear recently exposing the fundamental flaws in their socialized health care system. Today The Times of London exposes the out-of-control cost of the British system. Rather than controlling costs, as is promised by American supporters of a “one-plan,...

Posted by William A. Jacobson on June 18, 2009 1 Comment
There is a lot more to the turmoil in Iran than meets the eye. I think the threat to the regime is more serious than people let on, if the world keeps watching and Iran is not permitted to pull a North Korea and seal...

Posted by William A. Jacobson on May 14, 2009 5 Comments
Critics, including me, of Obama’s economic plans have made the point that the unprecedented huge deficits necessary to pay for expanded health insurance coverage, college education guarantees, the present and future “stimulus” plans, infrastructure projects, budget expansion, financing and operational takeovers of the auto industry...

Posted by William A. Jacobson on April 29, 2009 25 Comments
It would be very easy to fall into a depression over Arlen Specter switching political parties, giving Democrats a likely filibuster-proof Senate majority. The result will be that Obama will be able to push through much of his agenda without meaningful debate. Not that I...

Posted by William A. Jacobson on March 02, 2009 9 Comments
Obama’s fear mongering is well documented. Crisis, catastrophe, “since the Great Depression” and similar terminology are part of the plan to push through Obama’s agenda. But do the words cause economic harm, or are the words merely a reflection of a declining economy? In other...

Posted by William A. Jacobson on October 30, 2008 0 Comments
It has been a while since I have agreed with Thomas Friedman, but Mr. Friedman has a good observation on the economic forces which may lead to the collapse of the Iranian regime: Under Ahmadinejad, Iran’s mullahs have gone on a domestic subsidy binge —...
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