Entries Tagged as 'Austerity'

Austerity Comes to Britain

David Frum December 2nd, 2011 at 12:44 am 39 Comments

Dagenham is an industrial suburb east of London, hard-hit by the decline of manufacturing in the United Kingdom. It was the site of tonight’s Question Time program on BBC, where I occupied a chair hoping that I wouldn’t get asked too many questions about the British educational system.

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Granny’s Doing Fine

David Frum September 15th, 2011 at 8:46 am 32 Comments

The Census reports that over 65s have actually seen their income rise during the Great Recession:

Perhaps no households have weathered the downturn better than those headed by people 65 and older, healing whose incomes rose 5.5 percent from 2007 to 2010. By contrast, cialis household income for every other age group fell. Among people ages 15 to 24, drugstore it plunged 15.3 percent.

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Christie’s Good Fight

August 30th, 2011 at 12:56 am 51 Comments

As a Democrat – and a fairly liberal one by the standards of where I live – it isn’t that often that someone on the right really knocks my socks off. Let alone a Republican!

Yet that is exactly what happened on August 25th. From the comfort of my own living room I watched Gov. Chris Christie of New Jersey patiently but firmly set a hysterical critic straight at a town hall meeting. The exchange can be seen on YouTube.

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How About THIS Sacrifice Mr. Buffett?

David Frum August 16th, 2011 at 5:28 pm 137 Comments

Warren Buffett is collecting accolades for his expressed willingness to pay more taxes to balance the U.S. federal budget. He says he paid $6 million in taxes on his vast fortune last year. He offered to pay more, although he didn’t say how much more.

Arguments against interest are always impressive. But here’s the argument that would impress me even more:

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Voters Can’t Afford More Hockey Franchises

August 12th, 2011 at 7:12 pm 8 Comments

KDUS Radio in Phoenix reported on Thursday that a Canadian-led ownership has made a bid to buy the city’s National Hockey League team, the Coyotes. The team has lost money consistently since it moved to Phoenix from Winnipeg in 1996. Last year alone the Coyotes lost $37 million.

In 2009 former owner Jerry Moyes put the franchise into bankruptcy. The NHL eventually took over the management of the team and its efforts to find new ownership have been futile.

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No Super Democrats On This Committee

August 10th, 2011 at 11:27 am 35 Comments

How can we explain the Democrats who have been appointed to serve on the Joint Select Committee? (Commonly known as the ‘Super Committee.’)

Let’s play political “Jeopardy.”

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What the Voters Want

David Frum August 8th, 2011 at 10:11 am 20 Comments

Do Americans want more money from Big Government? Mickey Kaus insists no, citing a column by Michael Barone, who in turn relies on research by Stanley Greenberg.

But as the evidence passes from Greenberg to Barone to Kaus, a fascinating game of broken-telephone is played.

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Enough Washington Drama

August 5th, 2011 at 9:14 am 6 Comments

These certainly are interesting times. The United States is in an increasingly precarious position. Growth at home is anemic.  There’s not much in Europe to be up about either. Markets are increasingly skiddish, ampoule and yesterday plunged.

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The Last Thing Baltimore Needs is IndyCar Racing

August 4th, 2011 at 12:44 am 16 Comments

On Labor Day weekend, look Baltimore City intends to host the Baltimore Grand Prix. The event will not be on a racetrack, capsule it will not even be in an enclosed venue. The racetrack will be the streets of downtown Baltimore.

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An Easy $80 Billion in Savings

August 2nd, 2011 at 1:02 pm 31 Comments

Cutting at least $1 trillion in government spending over the next decade is going to require some real tradeoffs and cuts to programs (defense, site social security, and Medicare) that everyone agrees need to exist in one form or another. Nonetheless, there’s also real waste. Here are more than $80 billion in cuts that could probably be made next year with no harm to anyone.

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