Will New GOPers Change DC, Or Will It Change Them?
Posted in Main Blog (All Posts) on January 4th, 2011 5:31 am by HL
Will New GOPers Change DC, Or Will It Change Them?
James Antle, TAS
Before the voters in Utah elected him to the U.S. Senate, Mike Lee caught the media's eye. Lee's campaign headquarters prominently displayed the famous painting of George Washington kneeling in prayer by his horse at Valley Forge. The portrait served as an apt illustration of two Lee convictions: that the federal government must be limited by the Constitution and that the nation's founding was guided by the hand of Providence.
Deep Hole Economics
Paul Krugman, New York Times
If there’s one piece of economic wisdom I hope people will grasp this year, it’s this: Even though we may finally have stopped digging, we’re still near the bottom of a very deep hole.Why do I need to point this out? Because I’ve noticed many people overreacting to recent good economic news. What particularly concerns me is the risk of self-denying optimism — that is, I worry that policy makers will look at a few favorable economic indicators, decide that they no longer need to promote recovery, and take steps that send us sliding right back…
U.S. Dangerously Silent on Human Rights
Jackson Diehl, Washington Post
In a speech to the U.N. General Assembly last September Barack Obama suggested that his administration's notoriously weak defense of human rights around the world would be invigorated. “We will call out those who suppress ideas and serve as a voice for those who are voiceless,” he said. He went on to urge other democracies: “Don't stand idly by, don't be silent, when dissidents elsewhere are imprisoned and protestors are beaten.”
Judging Obama’s Economics
Robert Samuelson, Newsweek
“Just as scholars continue to debate how close we came to nuclear conflict during the Cuban missile crisis, they will continue to debate just how close the American financial system and economy came to all-out collapse in the six months between September of 2008 and April of 2009.” — White House economic counselor Larry Summers, Dec. 13, 2010WASHINGTON — President Obama must take some comfort that the latest economic forecasts are becoming more optimistic about 2011 and beyond. The more upbeat of these (from, say, Richard Berner of Morgan Stanley) have the economy's growth…