Bostonians Party Like It’s 1773

On July 4 several hundred limited government activists gathered in Boston for an extended day of tea party events at the Boston Common and on the harbor at Christopher Columbus…

The First Rule of Budget Holes: Stop Digging

In a familiar storyline, Pennsylvania lawmakers are seeking to close a budget gap of some $3.2 billion by—you guessed it—raising taxes. To that end, Governor Ed Rendell has called…

Stimulus Success? Higher Unemployment

The unemployment rate hit 9.4 percent last month—a 26 year high.  111 days after the passage of the stimulus bill $43.7 billion of it has been spent…

As California Goes, So Goes New York

... Aaaand probably the federal government.Over at the Atlantic, Megan McArdle takes on the question "Is California too big to fail?" Short answer?  Nope.

Obama Thinks the New Deal Worked

President Obama, during his first press conference last night, said in response to his first question about the economy, [There are] several who suggested that…

Make It Flake: Reloaded

Yesterday, House Republicans rejected a motion by Minority Leader John Boehner and new Minority Whip Eric Cantor to enact a short-term earmark moratorium only through February 16.  Unwilling…