As this column hits the Internet, Iowa Republicans will start gathering at their precinct caucuses to choose someone to face off against President Obama in November. If the latest polls are accurate, they probably will not choose Ron Paul. Even if they do, he will hardly matter in 2012.
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Last Thursday was the 50th anniversary of John F. Kennedy's inaugural speech and, while the anniversary did not go unmentioned, it got less attention than I expected. I suspect that those of us who can remember that snowy day -- why do we schedule our great national outdoor ceremony for a day that is as likely as any to be the coldest of the year? -- are inclined to overestimate the hold that Kennedy has on Americans five decades after he took the oath of office.
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We’re still finding out what exactly Congress passed with Obamacare, so it should be no surprise that there are a number of problems in the financial reform bill put forward by Sen. Chris Dodd, D-Conn. Heritage’s James Gattuso points out 14 problems here.
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If past is prologue - as it surely is - then we can expect discouraging unemployment numbers for at least another year and no official announcement from the National Bureau of Economic Research (NBER) that the recession ended this summer until 2011. That's according to Mark J. Perry, writing on Enterprise, the AEI blog.
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