James Pethokoukis

Scott Walker, America’s Thatcher

March 10, 2011

“Where there is discord, may we bring harmony. Where there is error, may we bring truth. Where there is doubt, may we bring faith. And where there is despair, may we bring hope.” — Margaret Thatcher, May 4, 1979.

Can America grow its way out of its debt problems? No

March 9, 2011

That’s the question CNBC’s Larry Kudlow asked House Budget Chairman Paul Ryan yesterday, which resulted in a fascinating exchange:

When US debt payments consume all America’s revenue

March 9, 2011

Another scary chart from Mary Meeker’s USA Inc. report:

meeker1

The Anti-Appropriations Committee

March 8, 2011

The U.S. lawmaking process is completely rigged toward favoring increases in federal spending rather than cuts. Sen. John Thune recently introduced a bill that would go a long way in tilting the playing field back the other direction.

An artificial recovery?

March 7, 2011

IBD’s Jed Graham shows what’s supporting consumer spending these days:

The long walk back

March 4, 2011

WH economic adviser Austan Goolsbee:

The 0.9 percentage point drop in the unemployment rate over the past three months is the largest such decline since 1983, and it has been driven primarily by increased employment, rather than falling labor force participation.

America, what’s gone wrong? I think it’s this

March 4, 2011

No one chart could sum up everything gone wrong with the U.S. economy, but this one comes close to showing America’s misplaced priorities:

Matt Miller vs. Paul Ryan

March 4, 2011

Over at the WaPo, the great Jennifer Rubin takes Matt Miller to task for his completely unfair and wrongheaded critique of Paul Ryan.  See, Matt Miller has a thesis shared by many in the MSM and center-left think tank community. It goes like this:

Some scary numbers about U.S. education

March 4, 2011

Some devastating factoids on U.S. education from the good folks over at Reason (I have gleaned some numbers from an article well worth reading in whole):

Debt ceiling battle could shake markets

March 4, 2011

“To attract any Republican votes to a debt ceiling increase, you’re going to have to come up with some serious spending reductions and some budget process reforms. There is going to have to be a significant incentive.”