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By allowing as 5 million illegal aliens into the United States for the remainder of his term, Obama is violating the Constitution and Congress and the courts must respond.

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Today’s decision by the Greek government to present a budget for 2015 that is in open defiance of the wishes of its European Union and IMF paymasters is of singular importance.

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Less population growth and more business consolidation could be key factors, according to new research.

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Despite recent reductions in the federal deficit, 2016 could be a fiscal turning point, after which the deficit as a share of GDP resumes its rise.

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Financial Times

The continued decline of the labor share of income, brought on by technological progress, will be a central dynamic, if not the central dynamic, of the world’s economies and societies in the 21st century.

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According to the American Farm Bureau Federation, the inflation-adjusted cost of a classic Thanksgiving dinner for ten people this year is cheaper than last year, and 26% below the cost in 1986.

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Republicans won a resounding victory in the midterm election in November 2014, but that was just the beginning of their work. To be trusted with control of the White House in 2017, Republicans will need to demonstrate that they have the strategic vision, tactical skill, and ability to execute on a coherent agenda between now and the next presidential election, which is less than two years away.

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The real disappointment of President Obama’s executive action on immigration is that it distracts Congress and the American public from the far more important issue of the need to reform the entire US immigration system.

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Image Credit: mac_ivan (Flickr) (CC-BY-2.0)

The Euromaidan protests, which began one year ago, evolved into a movement that at its finest could serve as a prototype for a kind of mature democracy Ukraine may one day become.

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U.S. President Obama announces executive actions on immigration during nationally televised address from the White House in Washington

If the president’s primary objective was fixing our broken immigration system, he should have been willing to wait until the Republican-led Congress takes power in a few weeks and challenged it to act on a series of practical reforms.

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