/ , /

House Price Gloom?

One of the most important aspects of recent economic growth has been the stimulus provided by soaring house prices. Their rapid rise over the last few years has enabled home owners to dip into equity to sustain consumption — I would argue ‘over-consumption’ with respect to wage growth, with the real problem being that wage […]

/

Biden on the Iraq War

Joe Biden tells it the way it is: Time for An Iraq Timetable. The most significant point here is that the Iraq war has shown the world the limits of American military power. We simply cannot continue for much longer without a radical deterioration in the quality of our all volunteer army. Bush’s war has […]

/

FEMA’s Success Stories for 2005

Am I just being churlish or is it ridiculous that FEMA considers its Katrina response on of its top achievements in 2005? Their website lists them:FEMA Public Affairs. Sorry guys: if Katrina makes the list you must have had an awful year. Better luck in 2006!

«< 651 652 653 654 655 >»