- Best company ever? Veteran Beer Co. exists to employ vets, provide quality beer
- Iran official: Sanctions ‘utterly failed’ to stop nuclear program
- ‘Black Santa’ display at IU sparks student outrage
- Joint Chiefs chair Dempsey: Pentagon, VA too slow in merging medical systems
- Sen. Ben Cardin hits Ukraine for crackdown on Kiev protests
- Drone technology turns South, targets feral pigs to kill
- Puerto Rico caravan honoring Paul Walker ends in 6 drunken-driving arrests, 72 speeding tickets
- Better pack a lightsaber: House told space explorers could find alien life in 10 years
- Selfies gone too far? N.Y. woman snaps photo in front of suicidal man on bridge
- High times on D.C. radio: Toronto’s crack-addled Mayor Ford gets sports spot
LETTER TO THE EDITOR: The Democratic addiction to spending
Question of the Day
Among the most important components of the liberal catechism is the belief in Keynesian economics, the idea that flooding the economy with borrowed dollars will stimulate demand which, in turn, will power us out of recession ( “Obama can’t kick the stimulus habit,” Comment & Analysis, Wednesday).
Many economists think that the Keynesian approach has been discredited over the course of time, and it certainly has not worked as advertised during our current troubles. Nevertheless, it remains a numinous concept for the faithful, to be clung to with a tenacity approaching that which some of us employ with our guns and Bibles. There is an easy out when it fails - just blame the Republicans. The implication is that if only we were a one-party state, wherein all 535 members of Congress were Democrats, happy days would be here again, everything just hunky-dory.
In his autobiography, Carl Jung, founder of the school of analytic psychology, wrote of political absolutism: “Under its dominion, the individual is pauperized.” Of fealty to failed ideals, he wrote: “Every form of addiction is bad, no matter whether it be alcohol, morphine or idealism.” These insights might benefit the president and his congressional supporters.
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By Tom Harris and Madhav Khandekar
Bad science puts rich nations on the hook for trillions in climate liabilities
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