As a conservative economist, I might be expected to oppose a stimulus plan. In fact, on The Washington Post op-ed page in October, I declared my support for a stimulus. But the fiscal package now before Congress needs to be thoroughly revised. In its current form, it does too little to raise national spending and employment. It would be better for the Senate to delay legislation for a month, or even two, if that's what it takes to produce a much better bill. ...more

February 1, 2009

John McCain and Barack Obama outlined steps to counter the faltering economy and plummeting stock market last week, fresh evidence of the dominant role of pocketbook issues in their race for the White House. Here's a look: ...more

October 12, 2008

After fewer than five months in business, Miss Jane's Class Studio has closed down. ...more

June 21, 2008

Launching a small business is never easy, but a combination of a weak economy, a depressed housing market and a drop in home equity may be preventing many small businesses from even opening. ...more

May 21, 2008

I would like to start with a simple equation. Government spending equals government taxes. When government taxes are not enough, then red ink is applied. There is much ado about taxes being too high, unfair etc. but we rarely get excited over government spending. The reason being, is that we are recipients of government spending in one form or another, such as: welfare, housing subsidies, farm subsidies, food stamps, subsidies for colleges and tuition, building stadiums for high priced athletes, and the infamous congressional earmarks and many more. ...more

February 18, 2008

The fate of $600-$1,200 rebate checks for more than 100 million Americans is in limbo after Senate Republicans blocked a bid by Democrats to add $44 billion in help for the elderly, disabled veterans, the unemployed and businesses to the House-passed economic aid package. ...more

February 7, 2008