by Richard W. Rahn | Jul 31, 2012
The Obama administration and its apologists, including many in the media, keep telling us that the Great Recession was the worst since the Great Depression in the 1930s, and that is why the recovery has been so anemic. Is that true? When President Obama took office,...
by Richard W. Rahn | Jul 24, 2012
Are you upset about rapidly rising food costs and high gas prices? You can thank members of Congress and the administration for this situation. Much of the United States is in the midst of a major drought. That’s not the fault of the political class, but those...
by Richard W. Rahn | Jul 17, 2012
When President Obama announced that he again wanted to increase taxes on the top 2 percent of taxpayers, I would have recommended to Mitt Romney that he reply by saying: “President Obama has called for a tax increase on job creators, which will only fund the...
by Richard W. Rahn | Jul 10, 2012
The Constitution gives Congress the exclusive right to tax Americans at the federal level. Yet Congress continues to give away this most fundamental responsibility to international organizations, the most dangerous of which is the Paris-based Organization for Economic...
by Richard W. Rahn | Jul 3, 2012
The world financial and debt crisis can, at times, be better understood by looking at a small entity that is suffering from the same diseases as the major countries. The small Central American-Caribbean nation of Belize is, in many ways, a microcosm of Europe and the...