The Hill provides a birds-eye Beltway view of the Republican primary challenge shaping up to take out the indecisive and vulnerable Michael Bennet, Colorado's newly selected junior U.S. Senator. Writes Aaron Blake:Republicans lately have been talking a lot about fresh faces, with mixed success in actually obtaining them. While the GOP has lined up current and former House members in most other open primaries, Colorado stands out as the one where they may be content to go with a wholly new brand. That change would be particularly stark with [Ryan] Frazier, a 31-year-old African-American city councilman who has opened an exploratory committee for the race and appears set to run. But it’s also apparent with [Ken] Buck, a … [Read more...]
How Deep is This Recession? Is It Really the Worst Crisis in 70 Years?
At American Thinker, Randall Hoven uses some firsthand research of federal statistics to turn down the volume on the alarm of economic "crisis". Hoven shows that while the current recession has not yet quite reached its peak, on several major measures it's not as bad as several others since World War Two:So simply going by averages, this recession should end this year, maybe even in this quarter or the next. If things go bad, or no worse than in the last 60 years, we might not pull out of it until late this year, with lousy employment figures lagging into 2010. By the way, none of the previous recessions was ended by the government spending a trillion dollars. Our current deficit is projected to be 7% of GDP or more. The deficit never … [Read more...]