Newspapers Worth the Paper They’re Printed On

I’ve been meaning to do an in-depth post examining the various troubles facing the recycling industry. One day I’ll get to it. For now, though, I’ll settle for the rather snarky observation that some newspapers are finally worth the paper they’re printed on. Continue Reading...

National unemployment nearly HALF as bad as 1982

Unemployment hit 7.2% in December, the highest since January 1993– as the economy was recovering from the pseudo-recession of 1991-1992. In November 1982, the unemployment rate was 10.8%. Since the “natural rate of unemployment”– the part of unemployment you can’t get rid of (at least without severe long-term consequences)– is generally thought to be 4.0-4.5%. Continue Reading...

One Good Thing about Term Limits

I’m ambivalent about the value of term limits, but one thing that can certainly be counted in their favor is that they (at some point at least), force lawmakers to go out and try to make a living in the economic environment which they helped to shape. Continue Reading...

(one reason) why more than abortion matters…

Among those on the so-called Religious Right, it is common to reduce political interests to “life” issues– most notably, abortion. But in recent months, in the midst of the financial crisis and an economic recession, I’ve gotten many letters and emails about fund-raising problems within Christian organizations. Continue Reading...

The Naughty List

You can view the most recent list of those companies that have received bailout assistance from the federal government via the Emergency Economic Stabilization Act of 2008 (EESA), executed through measures like the Troubled Asset Relief Program (TARP), here (PDF updated 12/16/08). Continue Reading...

Ponnuru on Ponzi and Pyramids

Ramesh Ponnuru says Social Security is worse than a Ponzi scheme. He’s right. It’s more like an inter-generational pyramid scheme, a pyramid tipped on its side… To be sustainable, over time (T) it has to take more from more people (thus a three-dimensional pyramid rather than a two-dimensional triangle. Continue Reading...

‘Tis the Season for Giving

We’re a fortnight away from the new year, and that means that you are probably getting a spate of letters, postcards, and packages appealing for your donations in this critical giving season. Continue Reading...

Seeking Stability

At First Things, R.R. Reno posts a thought-provoking analysis tying together the election, the financial crisis, and broader economic and cultural trends. To simplify somewhat crassly, he argues that conservatism promoted and helped to bring about a more dynamic economy; this coupled with the international instability caused by conservatism’s foreign policy to create a widespread desire for stability; and this desire led to popular attraction to the candidacy of Barack Obama, notwithstanding his claim to be an agent of change. Continue Reading...

How Obama Can Lead Us to Recovery

I have been part of an email correspondence group for a couple of years now which includes a number of strong public policy thinkers. One of the best is a man named Francis Cianfrocca (aka “Blackhedd”) who writes regularly at Redstate. Continue Reading...