The fact remains that Congress has not passed a real federal budget since 1997 (“the first balanced budget in a generation”.) An “omnibus spending bill” was passed in April of 2009 but that is not technically a budget.
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by Susanne Trimbath 10/01/2013
by Michael Shellenberger and Ted Nordhaus 10/01/2013
Over the last decade, progressives have successfully painted conservative climate skepticism as the major stumbling block to reducing greenhouse gas emissions. Exxon and the Koch brothers, the story goes, fund conservative think tanks to sow doubt about climate change and block legislative action. As evidence mounts that anthropogenic global warming is underway, conservatives’ flight from reason is putting us all at risk. read more »
by Eamon Moynihan 09/12/2013
In December 2010, Meredith Whitney, the financial analyst, appeared on 60 Minutes, where she predicted that the United States would see between 50 and 100 defaults of municipal bonds. read more »
by Wendell Cox 09/11/2013
Statistics Canada’s newly released National Household Survey indicates changes in the distribution of median household incomes among the provinces and territories. The new data is for 2010, and indicates that an increase of 13.9 percent per household at the national level from the 2005 data collected in the 2006 census. read more »
by Wendell Cox 09/11/2013
This may be a surprising headline to readers of The Wall Street Journal and the Washington Post, which reported virtually the opposite result in their August 19 editions. read more »
by Wendell Cox 08/09/2013
An article by Nancy Keates in today’s The Wall Street Journal indicates that more than 1,000,000 baby boomers moved to within the downtowns of the 50 largest cities between 2000 and 2010. The article quoted Redfin.com as the source for the claim.
In fact, the authoritative source for such information is the United States Census. The Journal’s claim is at significant variance with Census data. read more »
by Steve Bartin 08/06/2013
When Rahm Emanuel was Barack Obama’s Chief of Staff, little did he know he’d be helping craft a law that would help him as the future Mayor of Chicago. Many American cities failed to put away enough money for current and former government workers. Rahm Emanuel and powerful Democratic Party interest groups would like the federal government to bailout their pensioners. read more »
by Wendell Cox 07/29/2013
For more than a quarter century, the leaders in the Oregon portion of the Portland metropolitan area have sought to transfer demand for urban travel from automobiles to transit. Six rail lines have been built, five of which are light rail and bus service has been expanded. If their vision were legitimate, transit’s market share should have risen substantially and automobile travel should have declined. Neither happened. read more »
by Wendell Cox 07/22/2013
Nobel Laureate Paul Krugman tells us that “sprawl killed Detroit” in his The New York Times column.
by Steve Bartin 07/22/2013
One of the big myths of the twentieth century is that large American cities are necessary and inevitable. Yet in reality growth has been dispersing to suburbs and smaller cities for the last two decades. As the decline of Detroit, once the country’s fourth largest city, reveals in all too harsh terms, being bigger is not always better. read more »
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