Romney, Bachmann Lead GOP Field, Obama Leads All GOP Candidates

For the moment, the GOP race looks like a race between Mitt Romney and Michele Bachmann, which should make Romney happy

Business, the GOP, and the Debt Ceiling

The GOP’s debt ceiling stance appears to be making some in business uneasy.

Government Debt is Currently Cheaper Than Cash

Right now, it’s more prudent for the Federal government to borrow money than to pay cash.

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Even If There’s No Default, There Will Still Be Pain

The idea that we can avoid the consequences of failing to raise the debt ceiling is patently absurd.

Where Are The Rational People In The Debt Ceiling Debate?

The participants in the debt negotiations are being led by constituencies that have little interest in compromise.

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Why Do We Even Have A Debt Ceiling Law?

Based on its history, the debt ceiling law may be the most pointless statute in the entire U.S. Code.

Fiscal Matters and the Need for Realistic Discourse

Our fundamental fiscal problem is an unwillingness to deal realistically with costs and benefits.

Huntsman Goes on the Attack

Jon Huntsman is sharpening his message, pointing to his accomplishments while denigrating those of Mitt Romney and Tim Pawlenty.

GDP Alone Does not Tell the Development Story

Yes, China’s GDP growth has been impressive for some time now, but it is not the sole way to understand development.

Michelle Obama’s 1700 Calorie Meal

The First Lady is coming under fire for hypocrisy in her meal choices.

The Final Flight Of Atlantis And The Future Of Space Travel

A space shuttle lifted off for the last time on Friday, and some people seem to think its the beginning of the end of America.

Some Tax Breaks Are Middle Class Welfare

Do people who take advantage of tax breaks get a “government benefit”?

Sarah Palin Newsweek Photo Shoot

Of the eight shots in the Sarah Palin cover shoot, all eight feature her in sweatshirts and similar togs. Not exactly presidential.

Paul Ryan Wine Accuser Susan Feinberg Clams Up

Byron York had some not unreasonable questions for Susan Feinberg, the woman who confronted Paul Ryan over $350 wine he consumed at a Capitol Hill restaurant. She won’t answer.

Obama Still Trying To Sell GOP On “Grand Bargain” Debt Deal

It was a largely fruitless weekend in the debt negotiations.

Evidence of the Consequence of Default

A study shows how a brief blip in payments in 1979 had negative consequences.

Chances Of Long Term Debt Deal Collapse Amid Mutual Recrimination

It’s still politics as usual in Washington.

Dead Children Make For Bad Laws: The Case Against “Caylee’s Law”

The result in the Casey Anthony case is leading, inevitably, to a host of new proposed laws.

Philadelphia Decriminalized Pot — And Saved $2 Million a Year

Philadelphia’s marijuana decriminalization program has saved the city over $2 million so far.

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Is Washington Fighting The Wrong Economic War?

While unemployment remains stubbornly high, Washington is spending its time fighting over the budget deficit

Tim Pawlenty: Michele Bachmann Hasn’t Really Accomplished Much In Congress

Tim Pawlenty took aim at Michele Bachmann yesterday but will he keep up the attack?

White House To America: Pay No Attention To Those Bad Economic Numbers

The White House would really appreciate it if you didn’t pay attention to all that bad economic news.

White House Rejects “14th Amendment Option” On Debt Ceiling

The White House has apparently rejected using a tortured interpretation of the 14th Amendment to deal with the debt ceiling debate.

June Jobs Report Disastrously Disappointing

Judging by the June jobs report, there’s no economic recovery coming in the near future.

Pawlenty: First In, First Out? So What?

Tim Pawlenty was the first major Republican to enter the 2012 race. He may well be the first to quit. If so, it may take a while to notice.