“The bottom line is this law is working and will work into the future,” President Barack Obama said of his signature Affordable Care Act on Tuesday. It would be easier to believe the president if he hadn’t said in 2009, “If you like the plan you have, you can keep it. If you like the […]

According to our recently proposed treaty with the Iranian government, Iran keeps much of its nuclear program while agreeing to slow its path to weapons-grade enrichment. The Iranians also get crippling economic sanctions lifted. The agreement is not like détente-era arms reductions with the Soviets. After all, each superpower in the Cold War had enough […]

President Barack Obama recently asserted, “Thanks in part to the Affordable Care Act, also known as ‘Obamacare,’ the cost of health care is now growing at the slowest rate in 50 years.” So, you may be losing your health care coverage, and you may end up paying more — but, hey, rising costs are slowing […]

Maybe someone can explain to me how, exactly, conservatives are the aggressors in the culture war? In the conventional narrative of American politics, conservatives are obsessed with social issues. They want to impose their values on everyone else. They want the government involved in your bedroom. Those mean right-wingers want to make “health care choices” […]

U.S. Bankruptcy Judge Steven Rhodes has ruled that Detroit, Mich., may seek to protect itself from its creditors under Chapter 9 municipal bankruptcy protection, thus making this once proud city the largest municipality in American history to go bust. The city is $18 billion in the hole thanks to its debt and long-term liabilities, such […]

Making a so-called “living wage” is all the rage these days. Forget the minimum wage set by Congress. : A living wage adds all sorts of political factors to the equation, usually lumped upon business owners just barely making a profit in this economy. : It’s class warfare at its worst. In late August, labor unions helped […]

Having replaced savings with debt on both the national and individual levels, I think it’s well past time for Westerners to take a few lessons from our creditors in the East. Many Americans consider gold a “barbarous relic,” but in Asia, the yellow metal remains the bedrock of individual savings plans. This means that either […]