Why default is inevitable


We seem to be living in perilous times. Parts of the United States government are shut down because the House and Senate can’t agree to either fund or defund Obamacare, whose rollout this month has been an unmitigated disaster. This impasse now threatens the looming deadline to raise the debt limit before the Treasury supposedly runs out of […]

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The 1%: They’re at it again…


One percent of Americans now earn a greater share of income than at any time since the 1920s, according to this article posted today. The top 1% of income earners, those who earned more than $394,000 last year, accounted for more than 19% of all income reported to the IRS, while the top 10%, or those who earned […]

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Gun Control: Four Must-See Graphs


Articles like this one began to appear soon after last month’s tragic massacre in Connecticut. The logic embodied in them is straightforward: Guns are designed to kill people, and more guns mean more dead people, therefore fewer guns mean fewer dead people. The reasoning is so patently obvious, in fact, that anyone who argues against common-sense gun […]

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