Archive for May, 2011

Implosion Of The Greens

Felix Salmon reflects on the reasons that a cap-and-trade regulation or any other major piece of environmental legislation is unlikely to become the law of the land: Why has the Obama administration failed utterly to get anything at all done with respect to climate change? The issue was a major part of Obama’s 2008 platform, […]

Why We Can’t Reach A Compromise On The

Arnold Kling nicely simplifies the issues that must be addressed in order to get to a sustainable fiscal situation: The Republicans’ alternate universe is based on the belief that government spending ought not to exceed its historical average of about 20 percent of GDP. You can’t get future spending down to that level, however, without […]

Unemployment Benefits Start To Disappear

Something to think about from the WSJ RealTime Economics blog: 5.5 million: Americans unemployed and not receiving benefits The job market may be on the mend, but that’s not much consolation to millions of Americans facing a frightening deadline: the end of their unemployment benefits. The country’s unemployment rolls are shrinking fast, after expanding sharply […]