When I was young and my brother was a little older, we would be in bed before dark on mid-summer evenings. (The times were different then.) We would lay in our separate beds, but only an arm’s length apart as shadows lengthened up the far wall of our room, until the dial of the Zenith radio on top of the dresser was the only light left. The Dodgers’ game would be on. Vin Scully was calling the plays. read more »
Pogróm is a word with Yiddish origin, and is a Russian word meaning “to wreak havoc, to demolish violently, to destroy, or to devastate a town."
Eric Pickles, British Secretary of State for Communities and Local Government, is planning to demolish, destroy, and devastate half of Dale Farm, on Oak Lane, Crays Hill, near Billericay. read more »
On March 25th, the Bureau of Labor statistics released a report that showed that California jobs had increased by 96,000 in February. The state’s cheerleaders jumped into action. Never mind that the state still has a 12.2 percent unemployment rate, and part of the decline from 12.4 percent is because just under 32,000 discouraged workers left California’s labor force in February. read more »
The first two years of the Obama Administration have been historic and eventful. The first openly liberal president in a generation has dramatically increased government spending and intervention in the nation’s economy. The federal deficit soared to $1.65 trillion dollars and 35% of Americans now receive some type of government assistance. read more »
A high speed rail battle is brewing in Great Britain, not unlike the controversies that have lit up the political switchboard in the United States over the past six months.
The Department for Transport has announced a plan to build a "Y" shaped high speed rail route that would connect Leeds and Manchester, to Birmingham, with a shared line on to London and London's Heathrow Airport. read more »
The two largest crises today — the Japanese nuclear disaster and the widening unrest in the Middle East — prove it’s time to de-fetishize energy policy. These serious problems also demonstrate why we must expand the nation’s ample oil and gas supplies — urgently.
The worsening Japanese nuclear crisis means, for all intents and purposes, that atomic power is, if not dead, certainly on a respirator.
Some experts may still make the case that nuclear power remains relatively safe. Some green advocates still tout its virtues for emitting virtually no greenhouse gases. read more »
There’s been a lot of talk lately about the shift in the US economy away from production and increasingly into services. Consider the employment data from the US: In 1950, 30% of all US jobs were in manufacturing while 63% were in services. In 2011, 9% of total employment remains in manufacturing, 86% in services. read more »
For much of the past decade, I was a proponent of the thesis that that the American economy had entered a “great moderation,” where expansions lasted longer and recessions were fewer, shorter and milder. Productivity had seemingly reached a permanently high plateau; inflation seemed tamed. The spreading of financial risk, across institutions and around the world, seemed to have reduced the odds of a crisis. read more »
The week’s debate about high-speed rail has once again polarized our populace, inflamed irrationality, and sent everyone back to their familiar corners. Little constructive debate is possible when major newspapers are flailing the governor for rejecting money and the seemingly global revolutionary fervor is gripping local citizens who rallied in protest Wednesday night around downtown Orlando’s Lake Eola. None of this will do any good for the service workers trying to get to their jobs in the theme parks or for downtown cube dwellers streaming to scattered office parks. read more »
The stand-off in Washington over spending reductions has pushed aside serious discussion about a far more pressing issue: job creation.
Granted, the country is long overdue for action on spending cuts. There is much that our government does that we can live without. Bureaucracies’ programmatic lassitude and congressional appropriators’ adolescent-like lack of discipline have contributed to our nation’s fiscal imbalance. read more »