Debt and Deficits

The False WWII Analogy

by Victor Davis Hanson National Review Online Since 2009, the example of the economic boom following World War II has been used by Keynesians to justify their record “peacetime” levels of borrowing intended to lift the US out of the doldrums. Share This

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The Tragic View Returns

by Victor Davis Hanson National Review Online In hard times, as in war, questions arise that were once considered taboo. As we approach $15 trillion run up in aggregate national debt, and confront the reality of a welfare state that is predicated on flawed assumptions about everything from demography to human nature, a rendezvous with

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Our Ten-Trillion-Dollar Man

by Victor Davis Hanson PJ Media Borrowing Is No Longer Stimulus? The Congressional Budget Office not long ago forecast that Barack Obama’s $1 trillion-plus annual deficits — scheduled over the next decade — would result in almost another $10 trillion in aggregate debt. Share This

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The Global Fairness Madness

by Victor Davis Hanson National Review Online Whether in the fights over the US debt limit or the rioting in Athens, the common global theme is not poverty in absolute terms, but more often fairness — as in having about the same amount of things as others do. Share This

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Obama 1.0, 2.0, 3.0 . . .

by Victor Davis Hanson NRO’s The Corner One of the reasons the president did not sound convincing in his press conference yesterday is that he has taken so many positions on the debt andtaxes that it is hard know what his current one is, or whether to take it seriously, much less to gauge how long it

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