Panic now grips the Clinton campaign. Polls show Bernie Sanders surging to a dramatic leadin New Hampshire and closing in Iowa. The Washington Post reports that Hillary’s national numbers are dropping faster now than they did in 2008. The Clinton campaign has started throwing everything and the kitchen sink at Sanders, with the gutter award captured, thus far, by Senator Claire McCaskill who smeared him with the “hammer and sickle,” transparently attributing the red-baiting to future Republican attacks of her own imagination.
But the question isn’t what’s wrong with Bernie — he’s soaring beyond all expectations. The question is what’s wrong with Hillary?
The record $1.5 billion jackpot has been won, and Powerball mania has died down for now, but Americans are still stuck with a Powerball economy powered by the “lottery mentality.”
A week ago, Americans were in the grip of Powerball mania. A record-making $1.5 billion grand prize coaxed even those of us who never buy lottery tickets to spend at least $2 for a chance — however small — of becoming an instant billionaire.
Andrew Biggs of the American Enterprise Institute claims there is no retirement crisis in the United States. Citing a recent report showing that senior incomes are high relative to other countries in the Organisation for Economic Co-operation and Development (OECD), Biggs downplays the fact that many American seniors are not retired: 30 percent of...
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With corporations already awash in cash, tax cuts won’t get them to start hiring people. The Washington Post quotes Zachary Karabell, president of River Twice Research: "There's not a whole lot that you could do to entice companies to hire. You could cut taxes on them, but they're not going to hire just because they have the extra cash, because they already have the extra cash."