by Victor Davis Hanson National Review Online The election of Barack Obama brought all sorts of contradictions. A man with about the least prior executive experience in presidential history was suddenly acclaimed a “god” and the smartest man ever to assume the office. Share This
by Victor Davis Hanson PJ Media There Is No There There Zero jobs last month — a net change of zero job growth? It was just announced that last month’s unemployment is still above 9% — despite the nearly five trillion dollars in Keynesian pump-priming, the near zero interest rates, the expanded unemployment and food
by Victor Davis Hanson Tribune Media Services Suddenly, liberal op-ed writers are trashing — even lampooning — Barack Obama as a one-term president (“one and done”). Centrist Democrats up for reelection in 2012 openly worry about inviting a kindred president into their districts, lest the new pariah lose them votes. Share This
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
by Victor Davis Hanson National Review Online Consider the myriad paradoxes of the Obama age. Unprecedented government borrowing is out of control, unsustainable, and finally causing financial markets to panic. Share This
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
by Victor Davis Hanson NRO’s The Corner It is fascinating to see how postmodern Western societies react to wide-scale rioting, looting, and thuggery aimed at innocents. Share This
by Victor Davis Hanson Tribune Media Services President Obama does not care much about deficits — other than worrying that big debt might matter in his re-election campaign. Share This
by Victor Davis Hanson NRO’s The Corner About 50 percent of taxpayers don’t pay federal income taxes. Almost half of American adults receive either the majority of or all of their income in some form from government. Share This
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