trillion Archive

Clinton vs. Clinton

Victor Davis Hanson,  Hillary Clinton apparently plans to base her presidential campaign on the noble goals of greater fairness and shared sacrifice. She has already lambasted vast differences in compensation. “The average CEO makes about 300 times what the average worker makes,” …

Help Developing Nations with Trade, not Foreign Aid

Daniel J. Mitchell,   Free trade is a good moral concept for the simple reason that politicians and bureaucrats should not be allowed to interfere with voluntary transactions between consenting adults. It’s also a good economic concept for the simple reason that protectionists …

These Will Be the World’s 20 Largest Economies in 2030

Take a peek at the new world that awaits us. Get ready for a new economic order. In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind. That’s according …

Media Accepting Obama’s Spin on the Economy

Roger Aronoff,  With as many lies and distortions that proceed from this scandal-plagued administration, one might think that mainstream reporters would turn a skeptical eye toward another one of President Obama’s carefully crafted narratives. Each narrative is designed to push “progressive” policies …

A World Overflowing With Debt

Does anybody still remember 2007? The world economy is still built on debt.  That’s the warning today from McKinsey & Co.’s research division which estimates that since 2007, the IOUs of governments, companies, households and financial firms in 47 countries has grown …