Rediscovering Principles — But Which Ones?

Matthew Spalding

Ron Wolff: Appointed judges, intellectual and political elites, mainstream journalists, bureaucrats, and Europeans — the customary targets of conservatives — fall victim to his keyboard. He almost equates property rights to the means of pursuing happiness, totally ignoring reams of evidence to the contrary. (As we know from last week’s article, nobody expects a correlation any more between belief systems and evidence.)

The Great Debt Scare: Why Has It Returned?

broken economy

It’s the kind of thing I expect to hear from deficit hawks and chicken littles — from the self-described “fiscally responsible” right, from the scolds Ross Perot and Pete Peterson, from my former cabinet colleague Bob Rubin. But yesterday I was shown slides developed by the putatively liberal Center for American Progress intended to make […]

California Budget: What Happened Last Fall — The New Budget Immediately Starting Bleeding Red Ink

arnold2

The 2008-09 budget which was passed in September of last year ( two and a half months late) contained several overly optimistic (I would say wildly unsustainable) assumptions concerning revenue: First, it assumed the sale of over $3 billion in revenue bonds, but no one wanted to buy California bonds. Second, it “borrowed” from over […]

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