All Posts Tagged With: "economics"

FUD 101

It is now official. The semester is over, and the grades have been posted. Not only has the Obama Administration flunked ECON 101; they have now also summarily flunked FUD 101.

The Wall Street Journal, in an editorial entitled ‘Bumps in the Road,” quoted the chief White House economist Austin Goolsbee as saying “there are always bumps on the road to recovery, but the overall trajectory of the economy has improved dramatically over the last two years.” The WSJ goes on to conclude that “The real ‘bumps on the road’ to recovery are these policies and the larger climate of hostility towards job creators that still prevails in Washington.” They compare the massively positive trajectory of the post-recession Reagan administration recovery with the current economic …


A Brief History of Thatcherism

Margaret ThatcherThis month’s Imprimis features a speech by John O’Sullivan, executive editor of Radio Free Europe/Radio Liberty and one-time special advisor to former Prime Minister Margaret Thatcher.

O’Sullivan’s speech provides a valuable lesson in the history of Thatcher’s leadership and the power of privatized industry in building an entrepreneurial society, and how this can stimulate a stagnated socialist economy.

May we never reach the depth that Britain did.

O’Sullivan’s speech was given at the dedication of the first statue of Margaret Thatcher to be placed in the United States, which was at Hillsdale College (the home of Imprimis).

He covers a great deal regarding the Cold War, and Thatcher’s role working with Reagan, Helmut Schmidt, and others to build a stronger missile presence in Western …


Various Observations and Musings

Ah, it’s back to one of my favorite pastimes…blogging for the Conservative Reader.  Since my last installment, several interesting things have happened:

Politics

For whatever reason, Senator Clinton refuses to concede the nomination.  Either she and Bill cannot conceive of the fact that reasonable people would not choose them to be their standard-bearer, or somehow, some way, she’s convinced that Senator Obama will self-destruct.  Newsflash for Hillary:  If Rev. Jeremiah Wright and Obama’s complete inability to state categorically how he’s going to “restore hope” to America hasn’t derailed the Obama train, nothing will.  Besides, the Clintons, despite their personal drama, are boring.

Second, Kimberly Strassel has a great op-ed in today’s Wall Street Journal.  I could give the synopsis here, but I’d rather you …


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