Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Misleading Words

by Thomas Sowellvia Creators Syndicate
Tuesday, August 2, 2011

Recent statistics on the average wealth or net worth of blacks are a painful reminder that rhetoric favoring blacks does not mean that politicians using such rhetoric are actually helping blacks...

Analysis and Commentary

Misleading Words: Part II

by Thomas Sowellvia Creators Syndicate
Tuesday, August 2, 2011

If there were a contest for the most misleading words used in politics, "poverty" should be one of the leading contenders for that title...

Analysis and Commentary

Another Islamist soldier turns terrorist

by Daniel Pipesvia Washington Times
Tuesday, August 2, 2011

Abdo case raises questions about Army-Islam compatibility...

Analysis and Commentary

Immediate and Medium Term Debt and Deficit Problems

by Gary S. Beckervia Becker-Posner Blog
Monday, August 1, 2011

As Posner indicates, the US is facing an immediate debt problem, a medium term deficit problem, and long-term debt and deficit problems. We have discussed several times the long-term fiscal problems, so I will concentrate here on the shorter-term deficit-debt issues...

Analysis and Commentary

Quick summary of the Budget Control Act

by Keith Hennesseyvia KeithHennessey.com
Monday, August 1, 2011

This is the first of three posts on the bill agreed to by the President and the bipartisan bicameral leaders of Congress (Speaker Boehner, and Leaders Reid, McConnell, and Pelosi). The bill is called the Budget Control Act of 2011...

Analysis and Commentary

The aftermath

by Russell Robertsvia Cafe Hayek
Monday, August 1, 2011

One of the complaints this morning after the debt deal is that we won’t be able to “stimulate” the economy any more. Yet, there is no evidence that the stimulus worked...

Analysis and Commentary

Why Much Was Accomplished in the Debt/Budget Negotiations

by John B. Taylorvia Economics One
Monday, August 1, 2011

In my view, much was accomplished, and credit goes to all those who have been laying out the arguments and fighting hard for a return to sound fiscal policy as part of a pro-growth program to get the economy moving again...

Analysis and Commentary

Panzers for the Kingdom: The German Tank Sale to Saudi Arabia and Israel’s Silence

by Joshua Teitelbaumvia Advancing a Free Society
Monday, August 1, 2011

In early July, Germany’s prestigious weekly Der Spiegel reported that Bonn was set to sell 200 of its most advanced main battle tank, the Leopard Type 2A7+, to Saudi Arabia. Surprisingly to some, in Israel there was nary a sound...

Analysis and Commentary

Obama Has Nearly Achieved His European Welfare State

by Paul R. Gregoryvia Forbes.com
Monday, August 1, 2011

The debt-ceiling brouhaha diverts attention from the most fundamental economic issue we face: Do we want a European-style welfare state? If we do, how in the world are we going to pay for it...?

Interviews
Interviews

Spence on Italian Debt

with Michael Spencevia Pulse (Bloomberg Television)
Tuesday, August 2, 2011

Michael Spence, a Nobel Prize-winning economist, talks about the outlook for a political resolution to Italy's debt woes. Spence, speaking from Milan, also discusses the U.S. debt-ceiling debate and the country's credit rating...

Interviews

Plenty of uncertainty ahead with federal spending cuts

with Kori Schakevia KGO-TV (San Francisco)
Monday, August 1, 2011

One trillion dollars in spending cuts will be triggered when President Obama signs the Budget Control Act of 2011 following ratification by Congress. About a third of the $1 trillion will be cut from defense spending...

In the News
In the News

The Tax Expenditures Muddle

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, August 2, 2011

Though often misunderstood, they can ease our deficit dilemma...