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CHART OF THE DAY – Bernanke’s Anti-Stimulus

One of the direct results of the Federal Reserve’s zero interest rate policies has been a massive reduction in interest income going to households. Since 2008, household interest income has fallen by about $400 billion annually. That’s $400 billion each year that families have not had to spend. Now of course you can also argue [...]

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Traditional party affiliation among gigantic hurdles

Richard Young engages in a thought experiment about Herman Cain winning the Republican primary (still a long shot) and going on to challenge President Barack Obama in the 2012 general election. He concludes that Cain can safely split the black vote with Obama. Two African-Americans running against each other for the American presidency would be [...]