With yawning federal deficits and the need to once again raise the U.S. government’s staggering debt north of the current $14.3 trillion ceiling, both feuding parties, as usual, lack the political courage to cut welfare to their own supporters. For example,...
Defense analysts and military personnel are trained to analyze the U.S. defense posture in a certain way. But even analysts who are trying to be restrained in their assessment of threats and force and equipment requirements are politically naïve about the way the...
We often hear the complaint that America doesn't make anything anymore: that is, our economy seems driven not by producing actual things, but utterly intangible creations such as credit default swaps and securitized sub-prime mortgages. Our once-bustling factories are...
