Author Archive: Stephen Green

FREEDOM WORKS: The Second Largest Economy in the World Is Sick, and the Communists Can’t Figure Out How to Cure It.

China initiated a massive stimulus effort starting in March looking to jumpstart the economy. But the effect has been uneven and in some ways hardly made a ripple.

Desmond Lachman, a senior fellow at AEI, believes that China is on the precipice.

“Unless the Chinese government introduces major structural economic reforms that encourage domestic consumer spending, China could experience a Japanese-style lost economic decade. That could have major consequences for the world economic outlook,” he said.

“Get the hell out of my way!” the wise man once said.

DID WE LEARN NOTHING FROM THE SUBPRIME CRISIS?

The headline is a trick question. Democrats loved the subprime crisis, which was one of those opportunities for overspending and overregulation that they didn’t let go to waste.

HELLUVA PICK, KAMALA: Tim Walz Looks Like an Increasing Liability for Harris. “The reporting forced the Harris-Walz campaign to update Walz’s biography on its website and admit that Walz had lied (they claimed he ‘misspoke’) and certainly hoped that it would put an end to the story. But it didn’t. Other stories are also getting traction in the liberal media.”

ANALYSIS: TRUE.

They still want him dead, though.

I GUESS THOSE RUMORS ABOUT RFK JR ANGLING FOR A HARRIS ADMINISTRATION CABINET SLOT AREN’T GOING TO PAN OUT:

Maybe he ought to endorse Trump, who is a helluva lot closer to RFK Jr on any of these issues that Harris will ever be.

BIDENHARRISNOMICS IS WORKING: Financial pressures on American consumers continue to rise.

It is the untold story of how inflation affects America’s households: credit card debt.

When hikes in basic food, clothing, energy, utility, and insurance costs started to hit families three years ago, many families who lived paycheck to paycheck across the United States had to make a decision: “Go without” or go into debt to take care of their basic needs.

To put this in perspective: A whopping 65% of respondents indicated that they live paycheck to paycheck, according to a recent “Your Money International Financial Security Survey” by CNBC and SurveyMonkey, which polled 498 U.S. adults.

That 65% could include your neighbor, your family member, your child’s soccer coach, or you.

It is not even a debt of frivolity. It is a debt born of necessity, and it is only going to get worse.

That’s from Salena Zito so read the whole thing.

And if “Bidenharrisnomics” doesn’t exactly roll off the tongue, at one time Harris was happy to take credit.

ROBERT SPENCER: Watch for It: Trump Will Be Sentenced to Prison on Sept. 18. “The whole idea is just to give the Harris campaign a powerful talking point when it’s crunch time. ‘The New York prosecution of Trump,’ McCarthy points out, ‘was politics, not justice. That’s why we call it ‘lawfare.’ The prosecutors and judge are not concerned about whether convictions ultimately get thrown out on appeal.’ It’s all just a stunt, put on from start to finish for political purposes.”

SOMETIMES THE BEST MAN FOR THE JOB IS… STILL A MAN:

This is what hitting DEI quotas looks like in practice.

BEEGE WELBORN: Kamala’s ‘Day 1’ Is Too Late for the Biden-HARRIS Economic Damage Being Done Right Now.

Part of the Herculean job of remaking Kamala Harris into a figurehead resembling a marginally rational human being is pretending that she was never part of the administration that proudly gave us #Bidenomics. And when I say proudly, I mean just that – they thought it was the greatest thing going since sliced organic whole wheat bread.

A mere year ago, her rhetoric was chockful of “when President Biden and I took office, WE decided…” The “we’s” and the “I’s” abound through this brag session. She made sure that her tandem ownership of whatever economic mileage was to be squeezed out of #Bidenomics was stamped on it for all to see. This wasn’t Joe’s solo show at work and there was no way she was letting the old geezer get credit for the whole thing – oh, no.

IT WAS “OURS” – ME, MYSELF, I AND JOE TOGETHER.

Read the whole thing.

KRUISER’S MORNING BRIEFING: Israel’s Enemies Are Getting Bolder by the Day. “Israel is getting ready to begin ceasefire negotiations with Hamas, but the terrorist organization and its Iranian backers could be taking advantage of divisions within the Israeli government to go for broke with their demands.”

JOANNE JACOBS: Teaching the election: It’s not a crusade.

Social studies teachers are eager to discuss the election — students might actually care! — but also very nervous about out-of-control classroom debates and angry parents, writes Elizabeth Heubeck in Education Week.

Jennifer Morgan teaches social studies at a Wisconsin middle school in a “really, really bright red” district, she says. Her views are different. “I plan to stick to the facts,” she said.

However, “some of the teachers I’ve talked to have been told by their administrators not to teach it,” said Morgan, president of the National Council for the Social Studies. “And others are just really nervous about teaching it, because they’re fearful of what will come out of students’ mouths.”

I was taking AP U.S. history in 1968, the year Vice President Hubert Humphrey faced former Vice President Richard Nixon. I had no idea which candidate my teacher favored.

I was in high school a bit later, in the mid-’80s. We talked politics some in history and econ but it wasn’t seen as a big deal — probably every subject from geometry to gym hadn’t yet been politicized.

HEADLINES FROM 1950-2024, INCLUSIVE: Russia ready to execute nuclear attacks on NATO targets, according to leaked documents.

Western sources have reportedly leaked Russian plans drawn up between 2008 and 2014 for “a series of overwhelming strikes across Western Europe,” the Financial Times reported.

Citing documents from Western security sources, Putin allegedly sought to enable the Russian navy to execute nuclear strikes within NATO territory were a conflict with the alliance to emerge.

Targets would not be solely military. According to William Alberque, a former NATO official, “There could be hundreds, if not thousands, of targets mapped across Europe, including military and infrastructure targets.”

Russia is also evidently still capable of transporting nuclear weapons on surface ships, which experts say carries a significant risk of escalation or accident. The Strategic Arms Reduction Treaty (START I), signed by the U.S. and Russia in 1991, was supposed to have eliminated this possibility, although many have often questioned Moscow’s adherence to it.

Possible targets presented by the FT included the west coast of France, military installations in Norway, Germany, and Estonia, as well as the British port town of Barrow-in-Furness, known for its production of nuclear submarines.

None of this is exactly news and hardly required any leaks. For whatever reason — I can think of a couple — those “Western sources” wanted to use the press to issue a reminder.