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Despite a growing backlash from his fellow Democrats, President Obama has doubled down on his attacks on Mitt Romney’s tenure at Bain Capital. But the strategy could backfire in ways Obama did not anticipate. After all, if Romney’s record in private equity is fair game, then so is Obama’s record in public equity — and that record is not pretty.
Ever since its founding in 1948, the Democratic People's Republic of Korea has maintained an aggressive and bellicose international security posture. Today, fully two decades after the end of the Cold War, North Korea's external defense and security policies look arguably more extreme and anomalous than ever.
A look at what happens when health spending rises much faster than either national income or household wealth.
A system that lets participants choose between the traditional system and a lower-cost settlement paid in inflation-adjusted Treasuries could ensure the program's solvency.
As co-authors of Why ObamaCare Is Wrong for America,we strongly recommend that the Affordable Care Act of 2010 should be repealed and replaced as soon as possible.
Although the Schumer-Lee plan deserves credit for seeking to promote international capital flows and labor mobility, it would neither make a measurable dent in the housing sector's backlog nor fix a broken immigration system that hampers our economy's long-run prospects.
The shallow-loss program would give farmers subsidies to bring them up to 90 percent or even 95 percent of the average revenues they have received for any given crop over the previous five years whenever current revenues from those crops fall below those amounts. Anyone who knows anything about American agriculture understands just how implausible that idea is.
In less than twenty-five years, government “affordable housing” and other housing policies have turned a healthy market into a financial ruin. Until Fannie and Freddie’s market dominance and the government’s role in the housing finance system are substantially reduced or eliminated, the United States will continue to have an inferior and unstable housing market.







