Archive

Date

February 19th, 2015

The Riddle of Powering Electric Cars

    Steve LeVine became interested in batteries in the wake of the financial crisis. LeVine is the Washington correspondent for Quartz, a news site covering the global economy, and he sensed, he told me recently, "a loss of confidence in the U.S. in our ability to create a real economy" - one based not on financial instruments or a real estate boom, but real products that would help create entire new industries.

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Obama's final legacy will be set by foreign policy

    There's been a lot of handwringing over whether President Barack Obama's tone and message in the January State of the Union address and last week's budget were too confrontational, dashing hopes for legislative and legacy- bolstering achievements.

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Mother's story exposes absurdity of a DC rule on school truancy

    For three years, Jessica Smith's son had been begging her for a little brother.

    Then the orphanage in Mongolia that had given her Ziggy called to tell her that it had another young boy for her. At the time, Ziggy, whose given name is Zorigt, had just started second grade at a D.C. public school.

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Is Greece Europe's first domino?

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Americans are in denial about genetically modified crops

    Sophisticated readers know a science denier when they see one: the libertarian irresponsibly attacking vaccine safety, the oil-state senator mocking climate theory, the Southern Bible-thumper denying the fossil in front of his nose.

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The Joneses Win: The Why of Weak Consumer Spending

    A new report on consumer spending shows that consumers are not spending. Economists thought that the savings from cheaper gasoline -- hundreds of dollars a year for most -- would be hauled to the stores. But non-gasoline retail spending didn't budge last month, flat after falling a bit in December, according to the Commerce Department.

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February 12th

Obama's breakfast prayer

    Maybe we should just call off the National Prayer Breakfast and stop asking presidents to offer their thoughts about faith and religion. If they go beyond making all present feel good about how religious and upright they are, presidents can get into a lot of trouble.

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Overreacting to Obama, again

    Such is the daggers-drawn state of political discourse in Washington these days that President Obama could go to the National Prayer Breakfast, call the Islamic State a "brutal, vicious death cult" -- and still end up being assailed by conservatives.

    Obama's offense? He dared to note that Islam is not the only religion to have been perverted to justify violence and atrocity.

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Nobody Understands Debt

    Many economists, including Janet Yellen, view global economic troubles since 2008 largely as a story about "deleveraging" - a simultaneous attempt by debtors almost everywhere to reduce their liabilities. Why is deleveraging a problem? Because my spending is your income, and your spending is my income, so if everyone slashes spending at the same time, incomes go down around the world.

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‘Made in America’ Just a Political Slogan to Conservatives

    Conservatives in Congress have once again proven they are un-American and unpatriotic. This time, it’s because of their fierce approval for the construction of the Keystone XL pipeline.

    The pipeline, being built and run by TransCanada, will bring tar sands oil from Alberta to the Gulf Coast. All the oil will be exported. Major beneficiaries, including House Speaker John Boehner, are those who invest in a Canadian company.

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