For President Obama, the positive outcome of the stimulus bill negotiation could either be an opening act for a more ambitious agenda or a harbinger of reduced expectations.
An immigration policy group said that the Department of Homeland Security’s immigration mission has been undermined by wasteful spending and a hostile bureaucracy.
The approval to give Washington a voting member of the House of Representatives cleared the way for the full chamber to take up the matter in the coming weeks.
In the current economic crisis, our masters in Washington are busy trying to portray the situation as one of great complexity, requiring great genius to arrive at solutions.
Don’t buy it for a moment. Economics is not really that complex a subject.
More than a century ago, Frederic Bastiat, a French philosopher and economist, noted that most bad economic policies are the result of rather simple fallacies. In one particularly famous essay, Bastiat addressed the “fallacy of the broken glass.”