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The New Power Class Who Will Profit From Obama’s Second Term

When President Obama takes the oath of office for the second time, he will also usher in a new era in American power politics. Whereas the old left-wing definition of “who rules” focused on large corporations, banks, energy companies and agribusinesses, the Obama-era power structure represents a major transformation. ... Full story

Hobby Lobby Fights The Good Fight Against Obamacare Tyranny

Welcome to Obamaland where our inalienable rights are being gradually degraded. Now that President Obama needs never to curry electoral favor again will government’s grasping overreach soon strangle a successful arts-and-crafts company? ... Full story

It’s Not Gridlock, It’s Collapse: Our Crisis is Political, Not Economic

Amid the oceans of spilled ink on U.S. government dysfunction, Democratic cynicism, GOP collapse, etc., the simplest point seems to be lost. We have a yawning chasm between the macroeconomic deficit and the microeconomic effect of higher taxes on individuals and businesses. ... Full story

Cataloging Our Progress from 1975: Using Sears.com’s Selection on New Year’s Day 2013

About two hours ago (approximately noontime, EST, today) I went to Sears.com and took notice of the first five groups of items promoted on that webpage. How does the work-time cost of these items today compare to the work-time cost of similar items in 1975? ... Full story

The Year the Dreams Died

The year 2012 saw the triumph of cold reality over pie-in-the-sky fantasies. ... Full story

U.S. Middle Market leaders express preferences for outcome of fiscal cliff negotiations

The National Center for the Middle Market (NCMM) recently (early December 2012) conducted a survey of 1,000 U.S. middle market business leaders across all industry sectors and geographic regions to gauge their preferences for the outcome of the negotiations. ... Full story

The End of Unions?

What Michigan Governor Rick Snyder gets right and wrong about labor policy. ... Full story

State-Run Communism Works? Really?

The chairman of the President Barack Obama's Council on Jobs and Competitiveness, Jeffrey Immelt, the CEO of GE, praised China this morning on CBS. ... Full story

‘Riding’ Social Security off a cliff

Suppose Jones proposes to ensure that each and every retired American enjoys at least a minimum annual income. ... Full story

Why Goldman's Top Economist Is Worried About What Happens If We Go Into January Without A Fiscal Cliff Deal

Earlier today we published our interview with Goldman top economist Jan Hatzius. ... Full story

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