- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
- CDC sees measles spike and ‘failure to vaccinate’
- Ex-Secret Service agent seeking Md. seat: Everyone’s a ‘de facto criminal’ now
- New prosthetic hand technology lets amputees feel again
Independent voices from the The Washington Times Communities
Topic - Walter E. Williams
A new poll by the Hill found that 52 percent of respondents think President Obama does not deserve a second term, while 40 percent think he does. With economic growth stalled, unemployment climbing and record numbers of Americans on food stamps, the question is not why the re-elect number is so low but why Mr. Obama's support is so high.
There is a problem brewing in the House of Representatives of which most conservatives in and outside Congress are largely unaware. It has to do with H.J. Res. 1 - the balanced budget amendment - soon to be voted on per the debt-ceiling "deal" struck by Congress and the president. While H.J. Res. 1 is a solid first effort - and we have urged support for it as a symbolic vote - it is possibly fatally flawed and should be revised.
America is the story of people arising from adverse circumstances, achieving great success
Historical costs, sometimes called sunk costs, are irrelevant to decisionmaking because they have already been incurred. That's not intuitively obvious, even for some trained economists.
Just about the most difficult lesson for first-year economics students, and sometimes graduate students, is that economic theory, and for that matter any scientific theory, is positive or nonnormative.
Mr. Williams quoted Van Jones, Mr. Obama's former "green jobs" czar, claiming the Romney campaign slogan "Obama Isn't Working" implies he is a "lazy, incompetent affirmative-action baby" rather than just a lazy, incompetent leader.
Black economist Walter E. Williams has argued that Mr. Obama is held to a lower standard than white politicians.