Is the U.S. moving toward or away from the troubled European countries?
Once again, President Obama tried to work the guilt trip on us at the National Prayer Breakfast on Feb 4. He continues to claim that the “wealthiest nation” has a moral obligation to pass the government power tool known as the healthcare bill. If we’re talking morality, it was poor stewardship indeed to pass such [...]
The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously thought. However, all signs suggest the economy will end the year on stronger footing.The Commerce Department’s new reading on gross domestic product for the July-to-September quarter was slower than the 2.8 percent [...]
With the news that GDP grew at 3.5% in the third quarter, it seems apparent that economic recovery is underway. How much of this was a result of government programs? To evaluate this, it is important to understand what constitutes a recovery. There are three developments needed to restore the economy to its prior vibrancy. [...]