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by | Dec 16, 2018

Washington Forget all the tongue clucking about Washington being so divided and nasty that Democrats and Republicans cannot work together. As the Senate and House proved this week in passing the $867 billion farm bill, when it comes to spending…

by | Oct 11, 2018

The rate on ten-year U.S. Treasury bonds rose from below 3 percent to 3.2 percent last week. Signals abound that that Quantitative Easing morphs into Quantitative Tightening. The rise in the bond rate follows the Federal Reserve, which devoured U.S….

by | Sep 19, 2018

Federal revenues flatline at $3.3 trillion. The amount the federal government took in this year matches what it took in last year, and the year before that, and the year before that. There would be a Groundhog Day quality to…

by | Feb 21, 2018

“National healthcare spending trends are unsustainable in the long term,” President Donald Trump’s budget acknowledges. An article published earlier this month in the medical policy journal Health Affairs buttresses this simple point. Medical inflation stands to outpace both economic growth…

by | Feb 14, 2018

Southern humorist Lewis Grizzard, who was taken from us too early at 47 because of a bad heart, blessed us with many observations that were not only funny but acute. I’ve often shared his insight, and do believe that, “Neckties…

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