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"Check out Dr. Brough's Op Ed: Would Fredric Bastiat Support High Speed Rail?"
"Would Fredric Bastiat Support High Speed Rail? President Obama's Council of Economic Advisers say the $780 billion stimulus package was a success. Yet a closer examination raises questions, making it difficult to embrace. "
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Op-ed Placement

Would Fredric Bastiat Support High Speed Rail?

Recently, President Obama's Council of Economic Advisers released their final assessment of the president's $780 billion stimulus package, the American Recovery and Reinvestment Act. Mandated by Congress, this year's report celebrates the fifth anniversary of ARRA. Not surprisingly, the CEA asserts that the spending program was an unqualified success, creating jobs and boosting the nation's output. Yet a closer examination of the report raises a number of questions, making it difficult to embrace the study's findings. Fundamentally, the administration is taking credit for improvements in the economy, without demonstrating that ARRA is the source of the benefits. While it is normal for administrations to take credit for economic growth, correlation does not equal causation.

02/26/2014
The Big Caveat from L'Aquila
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Blog

The Big Caveat from L'Aquila

Today's headline in the Wall Street Journal read as follows:

07/08/2009
Reading bills is for suckers.
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Blog

Reading bills is for suckers.

The suckers in that statement clearly refers to the conservative Hill staffers and Congressmen who stayed up all night trying to stop this thing.  Oh, and the American taxpayers who have been going to ReadtheStimulus.org and will be paying for whole boondoggle.  Because judging by today's turn of events, to take time to do the responsible thing is wholly unnecessary and completely passe.

02/13/2009