Two key economic indicators were announced yesterday: the unemployment rate and growth in the gross domestic product. Unlike recent reports, yesterday’s news was not all bad. It was not, however, all good either. First, the unemployment rate dropped a little in July to 6.2% after reaching a nine-year high in June of 6.4%. That’s the […]
We all had some fun at Bill Bennett’s expense a few months ago when news broke that he had a moderate gambling problem that caused him to lose, according to some reports, as much as $8 million. Within days of the story breaking in the news, Bennett quickly doused the public relations fire by announcing […]
Consider this: a guy has repeatedly filed tax returns with improper deductions for entertainment, gifts, and meals. For three years, he’s had to file amended returns to reflect his mistaken deductions, plus owe penalties and interest to the IRS. What’s the right job for this gentleman? According to President Bush, it’s a coveted spot on […]