Author: Doug Ross

Didn’t this happen in Zimbabwe just before their currency collapsed? …Theft of Tide detergent has become so rampant that some cities are setting up special task forces to stop it and retailers like CVS are taking special security precautions to lock down the liquid. …Tide has become a form of currency on the streets. The […]

Investors Business Daily calls it, simply, “Unprecedented.” I call it, eh, historic. Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers. In the 30 months since the recession officially ended, nearly 1 […]

Following up on his assertion that ATMs cause unemployment, the President today claimed that the Internet is behind the nation’s rampant unemployment. One of the challenges in terms of rebuilding our economy is — businesses have gotten so efficient, that, uh, when was the last time somebody went to a bank teller? Instead of using […]

You don’t need to be a math major to understand these devastating charts (slightly modified from the originals to depict the beginning of the “one-time, emergency Stimulus”): …next time Obama or his allies in the press go back to the well and recite the well-worn verse that spending is all the other guy’s fault, take […]

The committee calls Thomas Edison to testify. Please swear him in. Mr. Edison, describe for the committee the nature of your “light bulb” invention. Distinguished representatives and guests, while the idea of electric lighting is not a new one, neither had it been a practical matter until we produced our new incandescent light bulb. It […]