My latest column for the Huffington Post challenges conventional wisdom that deflation is bad. On the contrary, deflation driven by the rapid decline in oil prices is good news for America. Declining oil prices are, for the average family, the economic equivalent of a large tax cut. This is one “gift horse” we shouldn’t be looking in the mouth.
Originally Published in The Huffington Post If only we had political leadership worthy of our military. That’s the one sentence take away from my recent trip to Iraq and Afghanistan (under the auspices of the Council on Foreign Relations, headed by Max Boot, their senior defense analyst, two of their military fellows and about 10 DVs — military parlance for distinguished visitors).