Word: dons
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The benefits of putting more people in college are also oversold. Part of the college wage premium is an illusion. People who go to college are, on average, smarter than people who don't. In an economy that increasingly rewards intelligence, you'd expect college grads to pull ahead of...
Few are calling for cuts. One of the rare lawmakers willing to criticize Obama's decision not to freeze military spending is House Speaker Nancy Pelosi. "I don't think that we have to protect military contractors," she said after Obama made national-security spending off-limits. "I do not...
But don't look for any major changes that might restore Pentagon spending to its more modest Cold War levels. Defense Secretary Robert Gates took a good whack at unneeded weapons systems in last year's budget, killing the F-22 fighter and other programs of dubious merit. Unfortunately, his...
Still, endangered Democratic incumbents don't mind that the strategy keeps the jobs agenda out front in the news each week, especially if Democrats can keep winning votes. And in the meantime, Democratic Senators are riding high on their one - at least on paper - bipartisan victory. "I hope that a...
Egypt ranks low on the Obama Administration's list of regional priorities. The war in Iraq, the Arab-Israeli peace process and a growing al-Qaeda threat in Yemen are all outranking concerns. And the Administration has also sought to distance itself from some of the more aggressive policies of...