Category: Economics

  • By Selwyn Duke ObamaCare is technically known as the Affordable Care Act, but it has now been revealed that legislation architect Jonathan Gruber admitted in 2009 that the bill would be anything but affordable. In fact, he said it lacked cost controls and that, inevitably, certain individuals would have to be denied care — all…

  • By Selwyn Duke “Everything Is Awesome!” is the title of a recent Politico piece on the American economy by liberal Michael Grunwald. And although it’s not followed by LEGO song lyric “Everything is awesome when we're living our dream,” some would say he certainly is dreaming. Much like the children’s movie Grunwald seems to be…

  • By Selwyn Duke Pudgy and profligate little Kim Jong-un must be swelling with pride. With the FBI now concluding that North Korea was responsible for the recent computer hacking of Sony Corporation, it appears that Kim has succeeded in projecting power beyond his borders in, essentially, censoring a Western film. That work, of course, is…

  • By Selwyn Duke ObamaCare conspirator Jonathan Gruber has gotten 15 minutes of fame by being America’s most cheeky liar of the moment. Now he’s getting bonus minutes for being, critics say, a cost-benefit-analysis abortionist — and, perhaps, an advocate for euthanasia. At issue is a 1997 research paper Gruber co-authored entitled “Abortion Legalization and Child…

  • By Selwyn Duke It’s an example, in essence, of legislating from the bureaucratic cubicle. A House committee has discovered e-mails showing that officials at the Federal Deposit Insurance Corporation schemed to destroy lawful businesses they found morally objectionable. The vehicle through which this is done is Operation Choke Point; this is an Obama administration effort…

  • By Selwyn Duke Violence. Rioting. Looting. Economic collapse and civil unrest. This isn’t a dystopian movie plot, but something else according to an economist with a good track record for prognostication: America’s dark future. The economist is Martin Armstrong, whose correct predictions include the 1987 Black Monday crash and the 1998 Russian financial implosion. And…

  • By Selwyn Duke “Equal pay for equal work!” the mantra goes. “Women get only 73 cents on a man’s dollar!” These are oft-heard slogans, and we may well hear them again during the fall campaign with the War on Women afoot. Now, going beyond the rhetoric, it’s not widely known but nonetheless true that the…

  • By Selwyn Duke Call it the Obama birth dearth. While the immigrant-fueled birthrate of the United States had recently been fairly robust, it has now dropped below replacement level. And demographers are unsure as to why. Writes Joseph Lawler at Washington Examiner: The fertility rate fell to a record low 62.9 births per 1,000 women…

  • By Selwyn Duke A market economy is absolutely the worst system in the world — except for all the rest. This isn’t just a play on Winston Churchill’s quip about democracy, it’s also true. Pity that we have to rely on those vice-ridden, flighty creatures called human beings to make decisions about what products and…

  • By Selwyn Duke It seems that you can take the junk food out of the neighborhood, but you can’t take the neighborhood out of the junk-food mentality — or something like that, anyway. You might have heard about the debacle of Michelle Obama-inspired school lunches, with children throwing away massive amounts of unpalatable fare and…