Rep. Tom Perriello, a Democrat representing Virginia’s 5th Congressional District, blames the Deepwater Horizon Oil Spill on cheap Asian products.
One of the mathematical lodestars of macroeconomics is the “multiplier.” As I have told eager (and not-so-eager) students for many a moon now, the multiplier is a part of Keynesian theory that says, essentially, that $1 in government spending can lead to $3, $4, or even $5 in economic growth (depending upon consumption rates); tax […]
The Washington Post began a three-part series on “Top Secret America,” their detailed examination of the massive federal intelligence apparatus that has arisen as a result of the 9/11/01 attacks. Yesterday morning was Part One, a description (as best as possible) the size of the intelligence community, the numerous agencies that are a part of […]
About a month ago, Shaun Kenney stirred up quite a bit of controversy here on Bearing Drift with his essay about Why Conservatives Shouldn’t Support Anti-Immigration Laws. Among other fine points that Kenney made was his assertion that Americans, conservatives in particular, might not be so resistant to immigrants if they weren’t Hispanic. While opposition […]
Fiscal conservatism is on full display by Virginians. Led by Bob McDonnell, Eric Cantor, and Bob Goodlatte, the Federal government need only to look to Virginia to balance the budget and grow the economy.
The Virginian-Pilot exploded today over the issue of having a referendum on bringing the Norfolk light rail line to Virginia Beach. Comments a plenty! Here’s the truth. Any referendum held after this year would be a fait accompli. Norfolk’s light rail line is scheduled to open in mid-2011. Believe me, if Norfolk’s startup is a […]
House Majority Leader Morgan Griffith has been touted as the best chance to unseat 9th District Representative Rick Boucher in some time. Boucher has been entrenched in his seat since he ousted long-term Congressman Bill Wampler in 1982. I grew up in that district and have long said, because of Boucher’s skill and attention to […]
Liberal blog “Think Progress” is pointing out that several area employers that attended a recent job fair sponsored by one of the economic stimulus’ biggest critics, Republican Whip Eric Cantor, have received millions of dollars in stimulus money. Obviously, the folks at Think Progress are trying to paint Cantor as a hypocrite. The question is […]