I Think Stockman Is An Interesting Sort

If You Can Create Even The Illusion Of High Profitability For A Few Years, Then When The Thing Collapses You Can Walk Out Of The Wreckage A Very Rich Man.

Sometimes Economists In Official Positions Give Bad Advice; Sometimes They Give Very, Very Bad Advice; And Sometimes They Work At The Oecd.

But Where Will The Fed Find Another Bubble?

There Has Been Plenty To Criticize About President Obama’s Handling Of The Economy. Yet The Overriding Story Of The Past Few Years Is Not Mr. Obama’s Mistakes But The Scorched-earth Opposition Of Republicans, Who Have Done Everything They Can To Get In His Way - And Who Now, Having Blocked The President’s Policies, Hope To Win The White House By Claiming That His Policies Have Failed.

The United States In Particular And The West In General Should Be Feeling A Little Embarrassed About All That Lecturing We Did To The Third World.