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In a just published piece, AEI economist and tax expert Alan Viard warns that the 2011 payroll tax holiday, which shaves 2 % points off workers’ Social Security tax rates, undermines historical practices and distorts federal budget priorities as it diverts $130 billion from the general treasury into the Social Security trust fund.
It is all too clear that the holiday's diversion of general revenue from the Social Security trust fund has undermined historical practices and distorted federal budgetary priorities.
One possible response to what is colloquially known as Pakistan's double game--fighting some terrorists while helping others--is to move from a strategy of engagement to one of containment.
In the last twenty-four hours, disorder has engulfed England. Prosperous boroughs in the capital now resemble war zones, as mobs continue to overwhelm police and loot stores.
Targeted strikes are an important tool in our arsenal against terrorists, but they can be only one tool. The very difficulty we encountered in finding Bin Laden should warn us against seeing in such operations a magical, low-cost, small-footprint silver bullet for the problems we face.
President Obama's Pakistan policy is going up in smoke, and the bitter irony is that even as Obama is trying to get out of the war in Afghanistan, he may be heading us into one in Pakistan.
In one of his last acts as prime minister, Barham Salih symbolically launched the Aras Publishing House’s book fair in Erbil. The event featured important Kurdish classics, translations of Western works, as well as children’s books. Book fairs are important.
Counterfeit drugs have contaminated India's pharmaceutical supply, putting the entire Indian medical system at risk, and can only be stopped by a broader political effort.







