Lies, Damned Lies, And Defense-Job Statistics | Christopher Preble | Cato Institute: Commentary

Lies, Damned Lies, And Defense-Job Statistics | Christopher Preble | Cato Institute: Commentary: "The Pentagon might be a jobs program, but it isn't a very efficient one. It creates the kinds of jobs that politicians like to claim credit for, but military spending doesn't produce more growth in the economy or generate more innovation than a comparable level of spending by private individuals, businesses, and entrepreneurs."

"no more than 3.53 million jobs — direct, indirect, and induced — are sustained by the defense industry, so it is barely credible that a 10 percent reduction in Pentagon spending would result in the loss of one-third of all defense-related jobs."

"it is appropriate for resources to shift out of the military sector and into private sector as wars end and threats diminish."

Congressional Control as Important as White House | Richard W. Rahn | Cato Institute: Commentary

Congressional Control as Important as White House | Richard W. Rahn | Cato Institute: Commentary: "Again, it is obvious that big increases in government spending do not lead to higher growth rates and lower unemployment. To be considered valid, an economic model needs to be reasonably accurate in its predictions. The Keynesian models have failed this test time and time again over the past 100 years and, most recently, during the past four years. Unemployment was supposed to be less than 6 percent, but it is higher, at 7.9 percent, than it was when the president took office. (Note: The real unemployment rate is 14.6 percent because many have stopped looking for work.)

The Austrian and classical economists who have argued for lower spending and tax rates have proved again to be correct."

Survey shows more drugged drivers than drunken drivers in California on weekends | Fox News

Survey shows more drugged drivers than drunken drivers in California on weekends | Fox News: "The California Office of Traffic Safety said Monday that 14 percent of drivers surveyed tested positive for driving under the influence of illegal or prescription drugs.

A little more than 7 percent of drivers were driving with alcohol in their system."

"Marijuana was most prevalent with 7.4 percent of drivers having it in their system."