Dec 14, 2008
The U.S. budget is bleeding red ink by the buckets. So even as we take on deficits and debts, we should look for places to trim the budget. The incoming administration should start by rolling back the Bush tax cuts for those making over $250,000 a year and by putting the ax to the most sacred of sacred cows in the federal budget: the Department of Defense.
Nov 20, 2008
There's no guarantee that a bailout would save the incompetently managed American automobile industry. However, doing nothing may be worse, especially for the state of Michigan.
Oct 16, 2008
Wall Street has yet to recover after the economic shocks of recent weeks. Why? Two problems. One we already know: The “plan,” even with revisions, is deeply flawed. The second problem has not been mentioned all that much because it’s pretty scary: Put simply, we have no idea what we’re doing.