…is false:
In brief, Reagan dug himself out of the far deeper hole; Obama has not yet dug his way out of his much shallower one.
Feel sorry for President Obama if you wish (he does). But feel more mightily sorry for the president who has to dig out from the ugly pit Obama will leave for his successor.
Yup.
It’s pretty obvious to anyone with the slightest grasp of economics that this administration has been a disaster on almost every front.
The problem with Greece is very simple: its prices are wrong.
That’s what happens when a government sets prices.
But Chris Gerrib will be popping in any minute to tell us that GM is doing, in Obama’s words, “just fine.”
…by looking to the opening of the American West. A very good piece, by a British astrophysicist. I met Professor Elvis at GLEX a couple months ago.
…against the team with no plan. I recall when Turbotax Timmy Geithner said, “…we don’t have a plan, but we know we don’t like yours.”
We’ll see how trying to beat something with nuthin’ works out for them this fall.
The U.S. taxpayers stand to lose $25B on it. That’s fifty Solyndras.
Is it really surprising that when you underprice a commodity, the supply dries up? Another sign of the popping bubble of academia.
No, the bill was not “weakened.” It was eviscerated to the point of uselessness, by the Consumer Attorneys of California. The word should go out to the industry that in its current form, if passed, it’s basically a fraud, in that it does nothing significant to reduce liability for launch services providers. As Doug says, we can try again next year, and this time be ready to push back harder against the CAC.
Check out the comments over at my National Review piece. It’s almost as though some of the commenters are going out of their way to prove my thesis, by engaging in exactly the ignorant, straw-man behavior that opponents of the new policy have been for going on three years now. I love the notion that because I correct misstatements of fact, I am “attacking” the commenter. I especially love the latest insane redefinition of “subsidy” — that because SpaceX didn’t reinvent every single wheel in its vehicles, instead building on technology developed over the past decades, that it has been “subsidized” by NASA for decades.