Last year, Barack Obama committed his administration to doubling U.S. exports in half a decade. The good news: He is on the way. U.S. exports of goods and services grew in 2010 by 16.6 percent. Bad news: U.S. imports, starting from a higher base, surged by 19.7 percent. Result: The …
When a nation fights for its life, ideology goes by the board. Gen. Washington danced a jig when he heard King Louis XVI had become a fighting ally in our Revolutionary War against the Mother of Parliaments. In our Civil War, Abraham Lincoln made himself a dictator, closing newspapers, suspending …
What America was to the world in 1950, General Motors was to the nation. It was the largest and most successful company with the largest number of employees. It paid the highest wages and contributed more in taxes than any other company. During World War II, no company had contributed …
“O would some power the gift to give us to see ourselves as others see us,” wrote the poet Robert Burns. As Hu Jintao wings his way home, America’s hectoring still ringing in his ears, he must be thinking that maybe we Americans should stop lecturing them and take a …
“Conservative Tycoon … Dies at 95,” said the New York Times headline on New Year’s Eve about the death of Roger Milliken. Clearly, the headline writer did not know the man. For Roger Milliken exemplified the finest in American free enterprise. He cared about his workers. He cared about his …
“That speaks about who is going to be leading tomorrow.” So said Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development. Every three years, the Paris-based OECD holds its Programme for International Student Assessment (PISA) tests of the reading, math and science skills of 15-year-olds in developing and …
Missiles fired from the Chinese mainland could destroy five of the six major U.S. air bases in the Far East. So states a new report of the U.S.-China Economic and Security Review Commission, adding: “Saturation missile strikes could destroy U.S. air defenses, runways, parked aircraft, and fuel and maintenance facilities. …
If it is the first responsibility of the Federal Reserve to protect the dollars that Americans earn and save, is it not dereliction of duty for the Fed to pursue a policy to bleed value from those dollars? For that is what Chairman Ben Bernanke is up to with his …
You must be logged in to post a comment.