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US economy’s artificial growth

James Bianco has an interesting post over at The Big Picture, entitled, “How much economic growth is ‘artificial’?” The answer: a lot.

Bianco highlights the findings from the recent Congressional Budget Office report, Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from ...

Obama and emotional correctness

When it comes to assessing President Obama’s response to the Gulf oil spill, many pundits are asking whether the president is being sufficiently emotional in his response.

 In the New York Times, Charles M. Blow writes: “There are many things at which the president is extraordinarily gifted. Emoting isn’t one ...

The unreliability of memory

Thumbnail : The unreliability of memory

In his latest novel, the mostly hopeful story of a dying man trying to make sense of his life, Paul Auster ditches his usual formalism in favour of creating engaging characters.

Read my review of Invisible, by Paul Auster, in the ...

This week’s articles of note

“Rescuing the rescuers,” The Economist

“Al-Qaeda in the New National Security Strategy,” Foreign Policy, by Marc Lynch

“Does Obama feel the Gulf’s pain?” Salon, by Joan Walsh

“The teachers’ unions’ last stand,” The New York Times Magazine, by Steven Brill

 “The plastic panic,” The New Yorker, by Jerome Groopman

On the criticisms of Obama and BP over the Gulf oil spill

Thumbnail : On the criticisms of Obama and BP over the Gulf oil spill

In a press conference today, President Obama defended the federal government’s handling of the oil spill in the Gulf of Mexico, including his own response. He also announced a suspension of drilling in the Gulf, Virginia and the Arctic. 

Clearly, the oil spill in the Gulf has proved to ...

1,200 troops sent to Mexican border to… do what exactly?

President Obama has ordered 1,200 National Guard troops to the border in the Southwest.

The New York Times reports that Obama’s decision came after Obama met with Republican senators who had demanded more troops. But Republicans were generally not placated. Senator John McCain of Arizona said it was not enough, ...

“NYC Super Bowl”

Thumbnail : “NYC Super Bowl”

The National Football League owners have decided that the 2014 Super Bowl will be played in the Meadowlands of New Jersey, in the yet-to-be built stadium.

The New York Daily News and the New York Post are excited. So, ...

Global exposure to European default

There’s more discussion of how the European sovereign debt crisis is global in scope.

Tony Barber of the Financial Times writes about a Royal Bank of Scotland report, published on Monday, that suggests that banks outside of southern Europe have much greater exposure than previously thought. RBS estimates that institutions ...

Racism reduced to a liberal smear

Last week Rand Paul made some comments about his support for the 1964 Civil Rights Act during an interview with Rachel Maddow on MSNBC, and the media commentary has continued to run since. Paul suggested that Act should not have covered discriminatory policies of private businesses.

It’s hard to see the relevance ...

Why Mrs Europe is bashing the bankers

Thumbnail : Why Mrs Europe is bashing the bankers

Angela Merkel’s unilateral decision to ban “short selling” shows how deluded and divided the political class is.

Read my spiked article in full here.

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