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Mediocre growth, but, hey, the savings rate is up! July 31, 2010 Americans say they are underwhelmed by the economic recovery, and yesterday’s report of 2.4% growth in the second quarter met their expectations. A recovery that should be accelerating after the long and deep recession has instead downshifted into slower growth. About the best [...]

An unintended consequence of solar power mandates. July 31, 2010 Harry Reid has decided that Senate Democrats will put off their cap-and-tax energy ambitions for now, focusing on smaller-scale subsidies and mandates. Anyone who thinks this counts as a “compromise” might visit Arizona, where the green campaign for renewable energy is forcing the state to [...]

Dodd-Frank and the credit raters. July 31, 2010 If politicians were as accountable as CEOs, half of them would be fired for incompetence. Witness last week’s land speed record for unintended consequences, as a liability provision in the Dodd-Frank financial reform brought new issues to a screeching halt in the $1.4 trillion asset-backed securities market. [...]

What kind of journalist would cheer a defamation plaintiff? July 30, 2010 By JAMES TARANTO Shirley Sherrod says she plans to sue conservative blogger Andrew Breitbart, the Associated Press reports from San Diego: “Speaking Thursday at the National Association of Black Journalists convention, Sherrod said she would definitely sue over the video that took her [...]

The DCCC sends their members home with new talking points. July 31, 2010 By JOHN FUND Democratic House leaders are sending their members home for summer recess this Friday armed with special new talking points for donors and supporters. The message: The GOP can’t take over the House this November. The effort is clearly designed [...]

Bill O’Reilly No Winning the Race July 31, 2010 Former NAACP leader Julian Bond wants President Obama to lead a “national dialogue” on race, but the president is not going to do that, and he’s making a smart political decision. In the wake of the Shirley Sherrod story, the race issue is back in the [...]

Paul Driessen Climate Proposals Threaten Pursuit of Happiness and Justice July 31, 2010 Environmental justice demands that the United States address global warming, the gravest threat facing minority Americans, insist the EPA, Congressional Black Caucus and White House. Are they serious? The alleged threat pales next to unwed teen motherhood, school dropouts, murder and other [...]

Dick Morris and Eileen McGann Immigration Decision Will Erode Obama Support July 31, 2010   When Judge Susan Bolton granted an injunction halting the enforcement of key provisions of the Arizona immigration enforcement law, she ruled in favor of the Justice Department’s position, but against the president’s political interest. Had the judge sustained this law, [...]

Kathryn Lopez Illiberal Education July 31, 2010 Kenneth Howell was booted from his job at the University of Illinois for teaching Catholicism. His job at the University of Illinois, as it happens, was teaching Catholicism. After more than two months of controversy over a firing that should have never have happened, he has been offered [...]