Many of you have emailed us with the Organizing for America’s chart on job savings and creation since the stimulus bill was passed last year.
I’ve recreated their chart here:

We all know there is a long way to go and many Americans are still struggling to find jobs, but there is certainly cause for optimism depicted [...]

… then he’s not serious about freezing or cutting spending.
Glenn Greenwald elaborates on just how friggin’ big and bloated the US “defense” budget is over at Salon. My shorter version:
The US spends almost as much as the rest of the world combined on “defense.” It spends six times as much as the next-largest “defense” spender [...]

Government cannot fix America’s problems.  Only innovative, responsible individuals acting according to their own free will can help cure what ails us.  If government could solve all our problems, then government might as well centrally plan society, but as we have seen in every instance in which this has been tried, the sole result has [...]

I wrote a column in Financial Express about Obama’s left turn.
Also see:

The associated editorial in Financial Express.
White House nightmare persists by Ed Luce in the Financial Times.
Neil Irwin in The Washington Post on the difficulties that Bernanke is facing on [...]

Well, I listened to Larry talking about how Obama failed to change anything. And I heard about Larry’s plan to change this: Citizen Funded Elections. It’s astounding how someone so smart can miss the mark by so much. The problem is not that special interests are buying congressmen. The problem is [...]

Many decades ago, George Orwell wrote a book called Animal Farm. It used a farm as a metaphor for society and depicted the transformation of a productive enterprise into a totalitarian regime. The progress toward dictatorship took small steps that were held to be in the best interests of “the people.” Equality of conditions was [...]

I just cringe whenever I hear Obama or his minions talking about how they created or saved N jobs. As an economist, I’m trained to look for the other side of the coin. Yin and Yang. The coin cannot not have another side if it is to be a coin. So [...]

1. A White House report shows that H1N1 may kill 90,000 – I’m going to come out out right now and say that I don’t know how exactly the White House is going to play this, or what tactics they are going to use, but they are going to try to use this virus [...]

If you want to understand Democrat fantasies in the absence of financial constraint or common sense, read Reed Hundt’s book, “In China’s Shadow.” Reed Hundt is a permanent member of the American political class, a Yalie, a partner in a high-powered law firm, head of Bill Clinton’s FCC, and a member of Barack Obama’s [...]

As one of the large number of Americans who depends on a positive business and investment environment for his prosperity, I regarded the election of Barack Obama as president with Democrat majorities in the House and Senate with considerable concern.
But more than the usual number of my fellow businesspeople and investors supported them, contrary [...]