The national debt is at an all-time high of around $16 trillion. That’s scary enough. But it turns out that number is just piercing the surface. If you include all the unfunded federal obligations to Social Security and Medicare it would add up to near $116 trillion!
Should we trade with despots? After 5 years in captivity, US contractor Alan Gross was released today as part of a deal brokered by President Obama. The imprisonment of Mr. Gross has been an issue of much resonance with me. I previously wrote a piece featured in The Daily Caller about Mr. Gross case, calling…
Take a look at almost any prepackaged food product you buy at the store. You will be surprised how many products contain High Fructose Corn Syrup (HFCS), a sweetener derived from corn sugar. HFCS is not better tasting than sugar, nor is it healthier, as studies have shown a link between HFCS and increased rates…
No. I do not hate “poor people”. I’ve been one. It was not much fun. Ramen noodles and stolen cable is no way to live. I am not a huge fan of being poor but I do not hate poor people. That being said, I do despise the minimum wage. Here are ten reasons why:…
The idea that higher revenues can be raised by lowering tax rates seems counter intuitive to many. In fact, politicians who campaign on lowering taxes are often derided as liars, especially in light of budget deficits. It is often asked: how can anyone promise to cut taxes when the government is already short on revenue?…
When government assumes the role of certifying or approving products it limits consumer protection and increases the probability of corruption. The Federal Food and Drug Administration, for example, is charged with the protection of consumers, and all food and drug products require their stamp of approval before hitting shelves. But is this the best way…
On November 9th, 2014 the world celebrated the 25th anniversary of the fall of the Berlin Wall. The event not only led to the liberation of millions of people and the fall of the Soviet Union, but it effectively ended a near 50 year old cold war nuclear standoff between the USSR and the United…