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02.06.2013

Moving the goalposts

Cartoon by A.F. Branco NRD Editor’s Note: As always, you may reprint this cartoon anywhere you please, but we ask that you provide a link back to this source. To see more cartoons, click here .

02.05.2013

Obama: ‘We can’t just cut our way to prosperity’

By Robert Romano — Why does the Bureau of Economic Analysis (BEA) include government spending as a component of the Gross Domestic Product (GDP)? The answer may be that’s how economist Simon Kuznets, who developed the measure, saw things. In his 1934 report “Report on National Income” to Congress , he acknowledged there might be skepticism over […]

02.05.2013

Chart of the Day: Savage Sequester Cuts

Can you find the sequester cuts? Even if the sequester occurs, spending will STILL increase. (H/T Dan Mitchell for the chart)

02.05.2013

Obama calls for sequester delay…

By Bill Wilson — It is convenient that just two days after the New York Times publishes an editorial calling for sequestration to be eliminated , the Obama Administration is dutifully responding with calls for it to again be delayed. The fact is, sequestration has already been delayed in the fiscal cliff deal, costing taxpayers $24 billion. No more delays. […]

02.05.2013

Is Hurricane Sandy funding subject to sequestration?

By Robert Romano — Everyone knows that few lawmakers actually take the time to read the laws they are passing. But one might think that an organization treated by the New York Times in this case as an authority on the impending March 1 sequestration cuts due […]

02.04.2013

The empire strikes back

NRD Editor’s Note: This column originally appeared at TheHill.com . By Rick Manning — The Groundhog Day New York Times headline screamed, “Top Donors to Republicans Seek More Say in Senate Races.” Now there’s a man bites dog.  Big money wants more power.  Who’da thunk it? Steven J. Law, president of American […]

02.04.2013

Real sustainability versus activist sustainability

By Paul Driessen — Companies everywhere extol their sustainable development programs and goals. Sustainability drives UN programs like Agenda 21, EU and US green energy initiatives, and myriad manufacturing, agricultural, forestry and other efforts. But what is sustainability? What is — or isn’t — sustainable? […]

02.04.2013

Unemployment increases yet again

By Adam Bitely — On Friday, the unemployment rate increased for the second month in a row to 7.9 percent as 126,000 more Americans reported that they were unemployed in January than in December. To make matters worse, the number of Americans reporting that they […]

02.04.2013

Commerce Bancshares CEO suggests $30 trillion Fed expansion

By Bill Wilson — David Kemper, Chairman and CEO of Commerce Bancshares, had to be kidding. He couldn’t have possibly been serious, when in a BloombergBusinessweek opinion piece, “QE Cubed: A Modest Proposal for More Fed Buying. A Lot More,” he suggested that the Federal Reserve expand its balance sheet by $30 trillion. The proposal, if real, would entail […]

02.01.2013

Does the national debt matter?

By Rick Manning — One of the advantages of living in the Washington, D.C. area is that occasionally you are privy to conversations by decision makers or news broadcasters which cast a light on how these elites are thinking. I had the good fortune to overhear one […]

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