Over the past week, President Bush held a state dinner for Ghana’s president, surveyed Texas hurricane damage, posed with Youth of the Year award finalists and met with Army General David Petraeus.
The Federal Reserve Board’s “beige book” for June and July offers a clear explanation for why the economy has slowed to a crawl. It shows American consumers cutting way back on their purchases of everything from food to cars to appliances to name-brand products. As they do so, employers inevitably are cutting back on the [...]
In recent generations, the test was the Great Depression, World War II, Vietnam, and maybe the Cold War. With polar bears drowning in open Arctic waters and evermore fearsome storms spinning out of warming oceans in every corner of the globe, it’s becoming apparent that our generation’s test could well be global warming. But given [...]