As much as he deserves credit for his bold foreign policy, the President deserves criticism for a total lack of restraint in domestic spending, and, as much as they wish, administration apologists cannot lay it off on wartime spending as the culprit. As the Heritage Foundation reports, since 9-11-01, 55% of the total federal spending […]
Archives for January 2004
Medicare “Reform” Only The AARP Could Love
Does anyone really believe that the American Association of Retired Persons would have supported the Medicare/Prescription Drug bill if it represented true market-based reform? The only reason for their support is that they know it is inevitable that the originally projected $400 billion cost will be greatly expanded, and they will be back with Tom […]
One Down, Dozens More To Go
The title of this essay is borrowed from the headline of a review of a book by Mark Palmer, Breaking the Real Axis of Evil, the main point of which is that, beyond terrorism as the primary threat to the world, it is dictatorship itself that must be recognized as a crime against humanity. It […]
Jobs And Realities
In my last issue, I commented briefly on the misguided comments of Treasury Secretary Snow in “talking down” the dollar and blaming China’s trade and currency policies for the loss of U. S. manufacturing jobs. Since then, we have witnessed the domestic political payoff in the form of new U. S. quotas on Chinese textiles. […]
Person Of The Year?
However well deserved, Time Magazine’s designation of the U. S. soldier as its “Person of the Year” somehow struck me as curious—a combination of intentional oversight and begrudging acknowledgement of George W. Bush’s dominance of the world stage in 2003. Not that I would detract from the honor and courage with which our young men […]