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Tag: WSJ

WTO Delivers Victory for Boeing, US Trade

In a victory for American trade interests, the World Trade Organization rebuked the European Union for issuing government subsidies to European companies, giving them an advantage in international contract bidding. In what is being called a “stinging rebuke,” the WTO

If the U.S. Won't Drill Oil Offshore, Other Nations Will

Although President Obama’s executive order imposing a six-month moratorium on drilling for crude oil and natural gas in ultra-deep waters within the 200-mile territorial limit recognized by international law has at least temporarily been suspended by a federal district judge,

A Cold Man's Warm Words

Peggy Noonan in the Wall Street Journal: What followed was a list of grievances that made the case for separation from the mother country, and this part was fiery. Jefferson was a cold man who wrote with great feeling. He

The Tweedle Dee and Tweedle Dum of Fiscal Policy

The fault line in American politics is often not between Republicans and Democrats, but rather between taxpayers and the Washington political elite. Here are two examples that symbolize why economic policy is such a mess. First, we have President Bush’s

Why Obamanomics Has Failed

Allan Meltzer dissects Obama’s economic policy in today’s Wall Street Journal: The administration’s stimulus program has failed. Growth is slow and unemployment remains high. The president, his friends and advisers talk endlessly about the circumstances they inherited as a way

How Capitol Hill Owns the Business Community

In this week’s edition of Coffee and Markets, featuring The New Ledger’s Francis Cianfrocca, we’re talking about Capitol Hill’s new financial regulations, the China revaluation that wasn’t, the spectre of deflation, and the poor gamesmanship of the Business Roundtable. We’re

No, Pelosi, YOU Show Us the Jobs

Democrat House Speaker Nancy Pelosi will not take up the Senate’s “doc fix” bill, which passed through the Senate on Friday. A letter from Pelosi reaffirms her position and scolds Republicans for blocking the jobs portion of the bill: “What

Financial Regulation and Obama's Massive Failure in the Gulf

In this week’s edition of Coffee and Markets, featuring The New Ledger’s Francis Cianfrocca, we’re talking about how financial regulations will rob you of your free checking accounts, how the government is discouraging investment, and why Obama’s response to the

Can Conservatism Appeal to Young People?

There is a quote – endlessly repeated and often misattributed to Winston Churchill – that runs something like the following: If you are 20 and not a liberal, you have no heart. If you are 40 and not a conservative,

Obama's Economic Policy: Deny Truth

In a June 14th editorial entitled “Politicizing the Fed,” the Wall Street Journal sheds light on one of the dubious regulations of the upcoming financial reform bill. The Journal states: The biggest underreported threat comes from Subtitle I, Section 1801

The New King of Detroit

Authored with Ivan Osorio Yesterday, the United Auto Workers union (UAW) named Bob King as its new president. Does this mean a change in direction for one of America’s most powerful unions? Not likely. King, a UAW vice president before

An Absence of Executive Temperament

In politics, temperament matters – it matters a great deal, as Barack Obama has unwittingly shown us time and again. Some women and men love to posture, talk, debate, and negotiate. Temperamentally, they are suited for a legislative role. It

The Passion of the Barack

The media in the backdrop of Barack Obama’s now infamous “whose ass to kick” comment has argued that this President’s critics are angry at him for not showing more emotion. That conservative bastion CNN features an article entitled ‘Why Obama