Steering Clear of the Iceberg Ahead

Steering Clear of the Iceberg Ahead

“Doomsday!” “Taxmageddon!” “Catastrophe!” Next year will begin with both a bang and a whimper unless Congress can escape its apparently hopeless deadlock. Unless our lawmakers get their act together, there will be the equivalent of...
Green Scissors for Congress

Green Scissors for Congress

When you’re in a hole, you stop digging. And when you’ve got a $1.3-trillion deficit and $15.7 trillion in debt, you’ve got to start cutting. That’s why we joined the environmental group Friends of the Earth and the free-market R Street...
Economic Rapture Might Be around the Corner

Economic Rapture Might Be around the Corner

It’s January 25, 2001, the first week of the Bush presidency and more than half a year before the September 11 attacks. Federal Reserve Chairman Alan Greenspan testifies before the Senate Budget Committee, asserting: “If current policies remain in place,...
Drinking MOX-Laced Lemonade

Drinking MOX-Laced Lemonade

Remember your parents telling you that if something looks too good to be true, it probably is? Well, that principle applies equally to federal programs and clearance racks at discount stores. The difference is that, while consumers learn from buying a lemon, our...
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