Debt and Deficits
What If the President Liked Businesspeople?
by Victor Davis Hanson Tribune Media Services The US stock market has nose-dived. Congress just approved the highest debt ceiling in American history, allowing the government to carry over $16 trillion in national debt, and prompting the credit-rating agency Standard & Poor’s to downgrade America’s multitrillion-dollar debt for the first time in 70 years. Share …
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 …
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 …