By Bill Wilson — 122,000 fewer Americans had jobs in November than in October, yet the government reports that the unemployment rate declined to 7.7 percent. This simple fact is why the unemployment rate has become one of the least relevant economic statistics that the federal government […]
By Bill Wilson — “If Congress in any way suggests that they’re going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation — which, by the way, we had never done in our […]
By Bill Wilson — Despite higher-than-expected inventories giving the Gross Domestic Product (GDP) a seeming boost in the third quarter — being revised upward to 2.7 percent even as consumer spending was revised down — it may still be premature to pop the bottle of champagne. Average […]
By Bill Wilson — In the past 30 years, the national debt has increased 1,328 percent from $1.1 trillion to $16.3 trillion. From 1952 to 1982, it nearly quadrupled, from about $250 billion to $1 trillion. And from its 1922 level of $23 billion, it increased by […]
By Bill Wilson — A recent report by the World Bank has found that the world will warm by 4 degrees Celsius this century, and that the negative impacts of climate change will disproportionately hurt developing, poorer regions. The report, “Turn Down the Heat,” warns of rising sea levels, less arable […]
NRD Editor’s Note: This column originally appeared at The Daily Caller . By Bill Wilson — “One likes to believe in the freedom of music,” Rush’s Geddy Lee crooned in the 1980 hit “The Spirit of Radio,” “but glittering prizes and endless compromises shatter the illusion of integrity.” These words […]
By Bill Wilson — “[T]he only thing that’s worse than cutting national defense is not having any scheduled cuts at all take place.” That’s how Rep. Jim Jordan, chairman of the House Republican Study Committee, put it recently, in defense of $109 billion of reductions to budget […]
By Bill Wilson — Those governors that are today considering whether or not to implement a state-run health insurance exchange under the new health care law may hold the fate of Obamacare in their hands. Under the law, state exchanges would be responsible for dispersing some $800 […]
By Bill Wilson — If a new United Nations (UN) treaty governing small arms passes the U.S. Senate with a two-thirds majority, it will directly regulate gun owners in the U.S., warns acclaimed constitutional attorney Michael Farris. “[I]t is aimed not only at arms dealers — it […]