Debt
Second Term Reckonings
by Victor Davis Hanson PJ Media A rule of the modern age: all confident, reelected presidents trip up in the second term. LBJ was sunk by Vietnam. Reagan faced Iran-Contra. Bill Clinton had his comeuppance with Monica. George W. Bush was overwhelmed with the Iraqi insurgency and Katrina. And Obama will have his as well, obsequious …
Bush Reconsidered
by Victor Davis Hanson National Review Online George W. Bush left office in January 2009 with one of the lowest job-approval ratings for a president (34 percent) since Gallup started compiling them — as compared to Harry Truman’s low of 32 percent, Richard Nixon’s of 24 percent, and Jimmy Carter’s of 34 percent — and …
A Nation of Takers Hurtles Toward the Fiscal Abyss
by Bruce Thornton Frontpage Magazine The on-going negotiations over avoiding the tax hikes and spending cuts we call the “fiscal cliff” are simply the latest act in a farce of self-serving political denial. For decades now both parties have overseen and nurtured the expansion of the entitlement state all the while ignoring the slow-motion economic …
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The Kingdom of Fairness
by Victor Davis Hanson Tribune Media Services We are still borrowing more than $1 trillion a year. Barack Obama has added more than $5 trillion to the national debt in just his first term alone. Such massive borrowing is unsustainable. Someone somehow at some time has to pay it back. Share This
The Game Changes
by Victor Davis Hanson Tribune Media Services Usually after a presidential debate, both sides spin the results. But after the first face-off between President Obama and challenger Mitt Romney, Obama’s exasperated handlers made no such effort. How could they when most opinion polls revealed that two-thirds of viewers thought Obama lost? Share This
The Terrifying New Normal
by Victor Davis Hanson PJMedia The World We Don’t Question I’ve witnessed two of the most radical developments in my lifetime the last four years — changes far greater than those brought on by the massive new increases in the national debt, the soaring gas costs, the radical decrease in average family income, the insolvent …