TCS Daily : September 2010 Archives
What Cutting the Federal Budget Entails
The Center for American Progress released a report earlier this month on ways to shrink the federal budget deficit with spending cuts. But there are three areas where I don't believe the report has identified as many cuts as it could have.
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The Federal Takeover of Education
Federal control over education has been growing since the 1960s. Now, as the current administration pushes for national education standards, federal control over education is about to expand considerably at the expense of state and local control.
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A Response to Krugman's "The Angry Rich"
Image by Getty Images via @daylifePaul Krugman recently submitted a New York Times piece entitled, "The Angry Rich." In the puffy piece, the pop culture Nobel Laureate advances the idea that wealthy people are entirely unjustified in their anger toward...
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A Bullish Tea-Party Revolt
Free-market capitalism is on the comeback trail. That's one of the key tea-party messages. And make no mistake about it: The free-market power of the tea-party political revolt is totally bullish for stocks and the economy. They are Reaganism reincarnate, and then
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The Opportunity in Haiti
Over the last 60 years the West has provided Haiti with massive foreign aid to build infrastructure, stimulate private investment and promote good governance. But Haiti has been the graveyard of every sort of notion about how wealthy countries can help poor countri
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American Education's Diminishing Returns
American spending on public education, adjusted for inflation, has more than doubled over the last three decades. Yet the average math and reading scores of American 17-year-olds have not improved since the early 1970s. Twice the money. Zero progress.
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The Question of 2012
During the annual meeting of the Valdai Club, Mr. Putin reminded his audience that "U.S. President [Franklin] Roosevelt was elected four times." If this is indeed Mr. Putin's goal, it means that his presidency would last until 2024. Such a scenario -- as not only
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Obama Gets Tax Cuts Right
In The New York Times on Tuesday, President Obama's former budget director, Peter Orszag, called for extending all current income tax rates through 2013. Congratulations to Mr. Orszag on his new-found wisdom. Would that he had persuaded the Obama team before he lef
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The Real Debacle At Ground Zero
Plans to build a Muslim community center near the site of the former World Trade Centers have stoked a nationwide controversy. But the storm that the mosque plans have generated obscures the real failings at the site.
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Shared Sacrifice in Obamaland
Over the last 50 years the federal government has run budget deficits exactly 90 percent of the time. Most of the American people never seemed very concerned about it, but Tea partiers correctly see the mounting federal debt as a serious threat to their children's
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The Business of America Is Business
Without question, the jobs picture is going to remain cloudy. Businesses can't be sure about the costs of hiring. But make no mistake about this: Businesses, at least the publically owned ones, are in very good shape.
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