Home 2002 December

LIVE FREE OR DIE

Just back from a family vacation in the Granite State, this strong statement, the official motto of New Hampshire since 1945, adorns every license plate, and defines the very culture of this state. No other place so embodies the old fashioned Yankee virtues of industry, frugality, resolution, moderation, and order. The entire quote, written by

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UNTO US A CHILD IS BORN

Here’s a riddle for the season. Name a particular event that accounts for a substantial amount of retail sales. In fact, this event is, without question, the “make or break” component of retail sales for the entire year. Yet, this event is not mentioned by name by any merchant at any time. The answer, of

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LOTT’S LOT

Just think. If Bob Dole had not become the Republican presidential candidate in 1996, the Republicans may have actually put up someone credible, and Bill Clinton might have been limited to a single term. And, one Chester Trent Lott would not have become Senate majority leader. Lott’s career, while long, has been mostly undistinguished, except

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MYTH AMERICA PART 3: THE BALANCE OF TRADE

Published on December 7, 2002 in Politics

We have heard, for many years, that the US has an “unfavorable” trade balance with certain countries, including Japan and China, and that this is a very bad thing. This balance refers to the ratio of imports we bring in, to exports we ship out, calculated for a given trading partner. Consider Japanese cars, and

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