- Mexican train carrying 1,300 migrants headed toward U.S. derails
- Secret Service begins regular K-9 patrols around White House
- Pentagon’s human memory-chip program moves forward
- Obama blasts GOP, ignores immigration crisis in Texas speech
- Marine Warfighting Lab tests the Godzilla of amphibious assault vehicles
- Harry Reid: Birth-control ruling the worst Supreme Court decision in 25 years
- Vet suicides ‘horrible human cost’ of VA dysfunction: lawmaker
- First marijuana customer in Spokane says he was fired
- Hagel: ‘Make no mistake,’ ISIL is an ‘imminent’ threat to U.S.
- Armed militia sets up Texas command center to ‘fight for national sovereignty’
Gross Domestic Product
Latest Gross Domestic Product Items
This spring's debate on increasing the debt limit probably will be the most important opportunity in this Congress for fiscal conservatives to have an impact - to force an upheaval in Washington's tax-and-spend culture that will slow out-of-control spending.
American liberals are big fans of the European welfare state. They point to European models of national health care, rich pensions and generous unemployment benefits as worthy of emulation in the United States. Europeans may not make as much money as Americans, the liberals say, but they have created a more humane way of life.
Rarely do you see a political party in the process of what appears to be a deliberate attempt to commit suicide while shooting a hostage. In this case, the hostage is the U.S. economy, and the political party is the Democrats. If someone tells you something will soon be done but always postpones getting it done, at what point do you no longer believe him?
Is the recession's great irony that government spending killed Keynesianism? With economists, bankers and investors perplexed over the economy's continued funk, we cannot be blamed for looking in odd places for answers. Could it possibly be that continuously increasing spending over eight decades has left little ability for government spending to affect the economy?