Ivan Eland: This government “Star Wars” effort has been a boondoggle, but then huge costs and poor performance rarely cause any government program to be terminated—evidence of this effect is exhibited by the continued flow of money to the project despite three decades of failure.
“I believe in the American worker,” says Rick Santorum, the new anti-Romney in the food fight for the GOP presidential nomination. A hero of social conservatives, Santorum claims he’s a blue collar sort of guy, too. The ex-senator and congressman from Pennsylvania promises he can make factories boom again. Santorum says he has a plan […]
Steven Conn: For thirty years inflation has not been a serious threat to the American economy, yet politicians and pundits continually fret about it. The never-ending worry about inflation is like fighting the last war rather than the current one. What’s needed today is a war on unemployment and wage stagnation, not inflation.