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There's a lot to deplore about President Obama's proposed military drawdown, but here's a possible silver lining: It may finally force the Pentagon to stop buying weapons and equipment in the wasteful way it has since the 1960s.
There is little evidence that deregulation or banks' compensation practices caused the financial crisis.
Obama's stimulus package may retard education reform, but there are still ways to prevent this from occurring.
Despite frequent, dire warnings about the unsustainability of government budget deficits in the United States, Europe and Japan, investors are lining up to lend to some governments at very low interest rates.
With the economy still declining and the Fed out of ammunition, additional government stimulus must now be of the fiscal variety.
It’s time for policymakers to man up about the fact that the missions heaped upon the military are growing as they pour resources into handouts for bad mortgages, unemployment and other entitlements. Those who pay most dearly wear the uniform. They will not be able to keep it up much longer. And we won’t be the America we think we are anymore.






