And that’s just the OMB estimate, which Hot Air readers will recall doesn’t exactly have a track record for accuracy. Just last week, Barack Obama declared that he needed to freeze spending to arrest the growth of gigantic federal deficits, which have exploded since Democrats took control of Congress, and announced a freeze on non-defense discretionary spending … [...]
Lila Rose is a well known pro-life advocate. [...] Read the rest »
The Sundance Film Festival was held in Park City, Utah this past week, and one of the films featured was Naomi Klein’s The Shock Doctrine. [...] Read the rest »
Considering all the action the UN — action being nothing but UN sanctions and letters saying to stop, pretty please — has taken against Iran, shouldn’t this have been taken care of already? [...] Read the rest »
All right, this one’s for all of us who griped about Barack Obama bringing the teleprompter to a grade school and a committee meeting last week. [...] Read the rest »
If they’re becoming disappointed in Obama, perhaps it’s not the president’s fault. [...] Read the rest »
DAVOS, Switzerland — The World Economic Forum is the last place I would have expected to encounter the new populism. But when a venerable European central banker, a man whose very bearing connotes the old capitalist values, told me privately that he is now convinced that the financial system is too important to be left to the free market, I knew we were wandering into new territory.
Economy: Gross domestic product grew a robust 5.7% last quarter — much stronger than expected. Like everyone, we're glad the economy's getting back on its feet. But this number isn't nearly as good as it looks. After two years of no growth at all, that annual rate of growth looks dazzling, gaudy even. But scratch the surface, and another picture emerges — one not of gathering strength, but of ongoing weakness.
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