Retiring Official: DOT Is Sitting on Pro-Toyota Probe Results

By Walter Olson
Damning if true: 
A new report in the WSJ strongly suggests Transportation Secretary Ray LaHood is unwilling to release a report on the agency’s investigation into charges of “sudden acceleration” in Toyotas because its findings are too favorable to the Japanese automaker’s case. The source is a high-ranking retiring NHTSA official, George Person, formerly chief […]

Even Keynesian Accounting Can’t Find All That ‘Stimulus’

By Alan Reynolds
From January 2009 to the present, President Obama and his team have repeatedly made grandiose claims about the economic benefits of shoveling money at shovel-ready projects or green jobs.  “It is largely thanks to the Recovery Act that a second Depression is no longer a possibility,” said the President.   He also claimed that […]

Social Security Bloviate-fest

By Jagadeesh Gokhale
The annual bloviate-fest on Social Security has begun, even before the Social Security Trustees’ report has been released this year.  Apparently the report is to be released next week — after a three-month delay from its statutory release deadline of April 1. 
There’s concern from groups interested in preserving Social Security that President Obama’s National […]

Peter Ferrara’s Too-Nice Attack on Phony Washington Budget Deals

By Daniel J. Mitchell
Writing in the Wall Street Journal, Peter Ferrara of the Institute for Policy Innovation explains that Washington budget deals don’t work because politicians never follow through on promised spending cuts. This is a very relevant argument, since President Obama’s so-called Deficit Reduction Commission supposedly is considering a deal featuring $3 of spending […]

Imports Viewed Skeptically at the Washington Post

By Daniel Ikenson
What explains the chronically misleading depictions and interpretations of international trade in the Washington Post?  Is it economic illiteracy? Intellectual indifference? Institutional bias? What?
The opening paragraph in Neil Irwin’s story (online, July 30, 2010, 9:13 am) reads:
The pace of economic growth slowed this spring, according to new government data, as Americans remained reluctant to […]

Education Standards at Work — the NY Debacle

By Andrew J. Coulson
President Obama today touted his Race to the Top program, which pressures states to, among other things, adopt national education standards. Also today, the New York Board of Regents revealed that it had been misleading its citizens for years, giving them an inflated notion of how well their children were performing academically. Last year […]