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Barack Obama’s presidency has had profoundly negative consequences for our national security. From debilitating cuts in defense budgets, to gutting national missile defense efforts, to his unwillingness to acknowledge a continuing war against terrorism, to his inability to stem the nuclear proliferation threats posed by North Korea and Iran....the picture is bleak.
This was the worst jobs report since last October. The economy added 120,000 jobs in March, about half the pace of the previous three months.
So, David Sanger had a piece in the NYT last weekend wondering whether there’s a “Romney doctrine.” Of course, he wasn’t really wondering; he knew from the get go what he thought. And luckily for Sanger, he had plenty of Romney advisers to help along his theory.
As the housing market struggles to keep pace with economic recovery elsewhere, homeowners would love to have a crystal ball. Absent that, however, they have AEI resident fellow Edward Pinto, one of seven panelists to be awarded with Zillow and Pulsenomics' Crystal Ball Award.
"The choice in this election is between an economy that produces a growing middle class and that gives people a chance to get ahead and their kids a chance to get ahead, and an economy that continues down the road we are on, where a fewer and fewer number of people do very well and everybody else is running faster and faster just to keep pace."
Too rapid a restoration of short-term interest rates to more normal levels runs the real risk of an abrupt unwinding of leverage with potentially untoward consequences for the U.S. economy.
China is plunging into debt to finance projects that will probably never prove profitable, but which count as short-term growth.
Obituary of W. Allen Wallis.








