Politicians Fiddle While Fiscal Crisis Looms By John Stossel
Imagine this family budget:
Last year, you earned $24,700. But you spent $37,900, incurring $13,300 in debt, and you were already $153,500 in debt.
Commentary By John Stossel
Most Recent Releases
February 22, 2012
February 15, 2012
Never Trust Government Numbers By John Stossel
President Obama said in his State of the Union speech, "We've already agreed to more than $2 trillion in cuts and savings."
February 8, 2012
Government Can't Make Us Happy By John Stossel
In the Declaration of Independence, Thomas Jefferson called the pursuit of happiness an unalienable right. This was a radical idea. For most of history, most people didn't think much about pursuing happiness. They were too busy just trying to survive.
February 1, 2012
Policing the World By John Stossel
With an election approaching and at least some Americans upset about irresponsible spending, the president has finally expressed a political interest in cutting something. He says the Pentagon will spend "only" $525 billion next year. That's slightly less than the current $531 billion.
January 25, 2012
The Real State of the Union By John Stossel
Has Barack Obama learned nothing in three years? Last night, during his State of the Union address, he promised "a blueprint for an economy." But economies are crushed by blueprints. An economy is really nothing more than people participating in an unfathomably complex spontaneous network of exchanges aimed at improving their material circumstances. It can't even be diagrammed, much less planned. And any attempt at it will come to grief.
