It's been noted by many that President Obama's budget is different from that of his predecessor only in emphasis, not technique. In his radio talk, Obama did not address the charge that his plans are simply too expensive. But he reasserted his commitment to fiscal discipline, saying his budget team has "identified $2 trillion worth […]
The Dow Jones industrial average closed below 7,000 today. The last time the most well-known financial index was that low it was on its way up and Bill Clinton was president. Glenn Reynolds helpfully provides us with this chart marking the Dow's decline since President Barack Obama took charge of the economy. Starting the graph […]
The New York Times is most famous around here for two things: columnist/hack Paul Krugman and their definition of "filibuster." Throughout the Bush years -- and frankly any time you have A) a Republican President and b) between 51 and 59 GOP Senators -- the Times was very pro-filibuster and urged the GOP to accommodate […]