Articles

HICKS: Reducing deficit imperative for national prosperity

The end of this decade is as good a time as any to reflect upon what has passed. We’ve had wars, two recessions,
three presidents, five Congresses and 10 Bowl Championship Series teams. Our population has risen, employment has risen, and
personal income has risen. The average American family is healthier, wealthier and, ideally, wiser. However, to listen to political rhetoric today, you’d think we’ve been living in the darkest
of ages.

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HICKS: Recession results in ‘great deleveraging’

On virtually every meaningful measure, this recession stacks up as only the third or fourth worst post-World War II recession, but its effects are much more profound in a few areas. One area that will be most apparent is the changes the economy has wrought on consumer credit.

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HICKS: As classes begin, students have fresh opportunity

Classes start this week at Ball State University, and other colleges and universities across the country. For many, it is
a bittersweet moment, as parents say goodbye to their now young adults, handing them over to professors and scarily youthful
resident hall assistants for safekeeping.

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HICKS: Health care experts make poor economists

In almost every place that two or more Americans gather, health care is debated. Because the bills before Congress are
inaccessible, the debate has shifted instead to principles such as the role of government and individual freedoms. I think this a healthy thing.

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