Headlines I Wish I Hadn’t Seen

By Filed under Interesting Links on August 25, 2011 with 5 comments

80% of members of Congress have never taken a course in business or economics.

Google has agreed to pay $500 million for carrying advertisements by online Canadian pharmacies targeting consumers in the United States.

Heritage: Overall, the Obama Administration imposed 75 new major regulations with annual costs of $38 billion.

What’s being built in the name of 9/11: a staggering $11 billion worth of government-sponsored construction on the 16 acres we now call ground zero — is an example of just about everything wrong with modern government. (Entire Joe Nocera column is worth reading.)

The Obama Administration has already released more than 9,000 pages of ObamaCare-related regulations, notices, and other mandates in the Federal Register. 

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Comments (5)

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  1. Joe S. says:
    August 25, 2011 at 12:36 pm

    Am I surprised by the stat on economic ignorance in Congress? Not a bit.

  2. Eric says:
    August 25, 2011 at 1:07 pm

    Which is worse, not taking economics, or getting a D in economics?

  3. Buster says:
    August 25, 2011 at 1:51 pm

    Which is worse, not taking economics, or getting a D in economics?

    Eric raises an important point. I’m not sure I know the answer. If you haven’t taken economics, you potentially have the capacity to acquire the knowledge at a later date. If you got a D in economics, you may lack the capacity to ever understand the discipline.

  4. Ken says:
    August 25, 2011 at 1:53 pm

    Eric, I don’t know which is worse. I’m fairly certain that Congress is economically illiterate, however.

  5. Virginia says:
    August 25, 2011 at 4:54 pm

    9,000 pages of reading! That’s a nice little bit of homework for the weekend. Who are the people who write this stuff, and how do they stay awake long enough to write such dry literature?