The estimate that the cost of government regulations now exceed half of the annual budget for the first time fails to take into account the cost in freedoms lost in the regulatory state.
Keynesian economist Paul Krugman crowed in the June 6 edition of the New York Review of Books that “the case for austerity has crumbled,” but careful analysts should be cautioning “real austerity was never even attempted.”
Thursday's House vote was strictly political. As implementation of ObamaCare takes place over the next couple of years, Americans will finally be able to "see what's in the bill," and Republicans want to be on the right side of that issue come 2014 and 2016.
Data provided to a House committee by insurance companies suggest that premiums are likely to go through the roof when ObamaCare is fully implemented in January.
New data show that a record number of 10.9 million Americans are collecting disability payments, likely because of the expanded definition of "disability."
Two bills designed to reform the state's dreadfully underfunded pension obligations have just passed the Illinois legislature. Neither will do much, if anything, about those obligations, thanks to union influence.
New York prosecutors say a worldwide network of people made fraudulent withdrawals from ATMs and stole $45 million.
The "progressives" on New York City's city council passed its Earned Sick Time Act, which forces employers to pay for paid sick days for their employees.
Racial discrimination has little to do with major problems confronting black people.