Debt Ceiling and the Economy Still Suck

• Wynn CEO Goes On Epic Anti-Obama Rant - Business Insider
• Nantucket's Wind Power Rip-Off - WSJ (Kennedy Jr)
• Get Ready for 70% Marginal Tax Rates - WSJ (Boskin)
• Want Jobs? Cut Local Regulations - WSJ

Regarding the debt ceiling:

• Is Obama a Liar? - Washington Times
• White House Stokes Debt Ceiling Crisis - Washington Post
• Toying With Default - WSJ
• The Road to a Downgrade - WSJ

The President insists his party is offering serious spending cuts and entitlement reform. He also likes to talk about "balance," which to him means real tax increases immediately and speculative spending cuts some time in the distant future. Behind the scenes the White House has only ever agreed to token reform and cuts. Here's a number for the debt history books: Mr. Obama's final offer in the Biden talks was a $2 billion cut in 2012 nondefense discretionary spending. The federal government spends more than $10 billion a day.

Results are starting to trickle in from Wisconsin, and guess what, the sky isn't falling:

• Walker's Vindication - Weekly Standard