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Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.
Florida recently enacted a law requiring that applicants for welfare take and pass a drug test to qualify for benefits. Should government make such a demand?
America’s national debt now exceeds $15 trillion, which is roughly equal to the value of all goods and services the U.S. economy produces in one year. If left unchecked, America's debt will have catastrophic consequences for the future of the nation. How did we arrive at this point?
How to help the poor is a question central to American life, rooted deeply in our nation's Judeo-Christian heritage.
There can be an appropriate place for government subsidies to influence the choice of vehicle fuel technology. But such choices should be subject to rigorous cost benefit analysis with a high threshold for approval.
The damage to the public financesresulting fromthe financial crisis will require the scaling back of aspirations in other areas of fiscal policy.
Requiring poor men to work is as vital as welfare reform in ameliorating family poverty.









