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What the Republicans Should Do

Declare that raising the U.S. debt ceiling is off the table. Present to the public a specific plan as to how the U.S. should prioritize spending of available cash: payments first for the military and veterans, then for Social Security and Medicare (but not Medicaid), then for creditors (except for hostile governments such as China …

On the Backs of the Productive

Treasury Secretary Timothy Geithner, speaking on “Fox News Sunday” this week, cited these statistics, which are remarkable though not in the way that Geithner meant: And remember this country, this great nation with our great resources today, one in eight Americans are eligible for food stamps today. Forty percent of Americans born today are born …

“The Despoiling of Ability”

As if having read my blog (Shared Sacrifice) from Tuesday and reprising his role as the villain, President Obama said this yesterday: Look, I want everybody in America to do well. I want everybody to have a chance to become a millionaire. I think the free market system is the greatest wealth generator we’ve ever …

Shared Sacrifice

President Obama and fellow Democrats use the phrase “shared sacrifice” so often that the phrase is now a standard term. I have not heard any Republican use the term favorably, but neither have I heard any Republican dispute the notion. The only argument I have heard some Republicans raise is that the Democrats are hypocrites, …

Happy Independence Day

Today I celebrated Independence Day by reading the Declaration of Independence and some pages of Atlas Shrugged by Ayn Rand. Anyone who wonders about the connection is invited to read the right-hand column of the home page of this blog. Second Renaissance Books once published a tear-off calendar, “Ayn Rand Quote of the Day • …