Monthly Archives: August 2013

Economic Canaries – and Obamacare is the Cat | | 08.22.13

Just as the Washington Establishment is trumpeting the economy’s revival, an alarming other story is gaining traction.  It isn’t a new edition of the headline grabbing “end to the stimulus” tale.  Instead, it is of obscure financial data that may be signaling bad time ahead – and pointing to a cause.  Call it the canary […]
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The Global War on US — What Should We Do About It? | | 08.20.13

Egypt, Syria, Iran, Pakistan and all the rest: Since the Obama Administration disclaimed the “Global War on Terror,” every crisis has been addressed ad hoc. That may be one reason our foreign policy seems to stagger around blindly, knocking over tables, breaking plate and pots, ever more dumbly desperate. The Foundation for the Defense of Democracy’s […]
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Flash: Obamacare is Unworkable… For Everyone | | 08.14.13

When will the charade stop? The New York Times reports this morning that yet another feature of Obamacare is proving unworkable.  The Administration has postponed to 2015 implementing a feature of the law that limits out of pocket medical costs to $6350/year for individuals, $12,700 for families. Furthermore, the paper adds, “some group health plans will […]
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Remembering Judge William P. Clark, Ronald Reagan’s Personal Emissary | | 08.12.13

William P. Clark — Judge Clark, as he was known in Washington during the Reagan years — passed away on Saturday.  He was a deeply good man and an essential contributor to the successful resolution of the Cold War.  The obituaries will tell you the main parts of his story, but on one point all […]
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Education Reform in America is Just Getting Started | | 08.08.13

Yesterday, former Florida governor Jeb Bush made news zinging actor/director Matt Damon with a tweet: “Matt Damon Refuses to Enroll Kids in Los Angeles Public Schools. Choice ok for Damon, why not everyone else?” The cafeteria food fight that is the U.S. education debate is on again.  After two decades it has come down to […]
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The Crisis In Entrepreneurial Finance: The Death of ‘Liquidity Event’ IPOs | | 08.04.13

Why are the American economy and the number of American jobs growing so slowly?  A few days ago, I stumbled on one answer.  And for once, it didn’t have to do – or, at least, much to do — with economy’s mismanagement by the current administration. As part of a swing through California, I spent […]
Posted in Economic Policy: General | Tagged , , | Comments closed

The Buck Stops Somewhere Else | | 07.26.13

Haven’t we seen this act before? This week, President Obama denounced Republicans in Congress who were trying, he said, to destroy Obamacare by mucking up its implementation. You’ve got to admire the president. A man of many gifts – intellectual, rhetorical – but none of his gifts matches that of passing blame. Harry Truman may […]
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