By Robert Higgs | Wednesday March 3, 2010 at 5:55 PM PST | 17 Comments
Many commentators would have us believe that the economy hit bottom in the second quarter of 2009, and afterward commenced a recovery, albeit a “jobless” one, as employment continued to decline. The main reason for believing in this recovery seems to be that real gross domestic product (GDP) reached a trough in the second...
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Tags: Budget and Tax Policy, Economics, Employment, Housing
By James L. Payne | at 11:17 AM PST | 7 Comments
“The federal government is supposed to protect us from terrorism.” This may have been a plausible theory at one time, but now, after a decade of goofs and lapses, it sounds more like the opening line of a late-night comedy routine. The latest revelation about government’s anti-terrorism programs makes for rather dark comedy indeed....
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Tags: anthrax attack, Bruce Ivins, Criminal Justice, Drugs, Fort Detrick biodefense lab, Fort Hood, government competence, Homeland Security, Middle East, Military, Next Generation Anthrax Vaccine, Nidal Hasan, radical Muslim, Science, Terrorism, The State, USAMRIID, War, Weapons