Entitlements are two-thirds of the federal budget. Entitlement spending has grown 100-fold over the past 50 years. Half of all American households now rely on government handouts. When we hear statistics like that, most of us shake our heads and mutter some sort of expletive. That’s because nobody thinks they’re[…] Read On
When stocks and other asset classes seem overvalued, we ask if we’re in a bubble. For a while, fools try to explain it away with lines like, “It’s different this time because [fill in the blank with ever more creative forms of denial].” When we can no longer deny that[…] Read On
Yeah, I know; yet another GOP presidential debate. But here’s the thing. This one was different. This one was moderated by my brethren at Fox Business and the Wall Street Journal. The moderators focused solely on business and damn, they were good. They were so good that I somehow managed[…] Read On