Morning Bell: Holding Economic Recovery Hostage
Last August, NBC News’ Chuck Todd posed a question to President Barack Obama from Elkhart, Indiana, resident Scott Ferguson: “Explain how raising taxes on anyone… Read More
Last August, NBC News’ Chuck Todd posed a question to President Barack Obama from Elkhart, Indiana, resident Scott Ferguson: “Explain how raising taxes on anyone… Read More
President Obama reportedly plans to name Austan Goolsbee to head his Council of Economic Advisers. This appointment is good news for advocates of expanded international… Read More
Today’s New York Times editorial on President Obama’s Cleveland political diatribe-cum-economic speech got one point right — Obama “took too long to engage this debate.” The… Read More
As Congress returns to Washington next week, the fight over the Obama Tax Hikes has already begun. President Obama has indicated that he plans to… Read More
We noted yesterday that White House aides were already backtracking on President Barack Obama’s promise that his $50 billion infrastructure plan “will not only create… Read More
The latest jobs report showed the unemployment rate ticking up to 9.6 percent, putting the final nail in the coffin of recovery summer. The Obama… Read More
The White House hailed last year’s “cash for clunkers” program as a successful government initiative that stimulated the economy, particularly the ailing auto industry. It… Read More
Since 1985, the hands-down winner for worst marketing campaign has been New Coke—the disastrous flop when Coca-Cola tried to change its flavor. After 25 years,… Read More
The August jobs report shows the Obama jobs deficit at 7.5 million workers. The Obama jobs deficit is the difference between the current level of… Read More
Following the Civil War, the Republican Party won elections by characterizing their opponents as the party responsible for the conflict. These fear tactics carried the… Read More
The FCC’s plans for regulating the Internet through “neutrality” regulation—once considered on a fast track—was sidetracked once again yesterday as the agency announced a new… Read More
The EPA recently proposed a new grading requirement for new car stickers. The A–D grading system would rank cars according to their fuel efficiency and… Read More
In the ongoing discussion on how best to address the nation’s out-of-control deficit spending, one proposal would increase taxes by adding a value-added tax (VAT)… Read More
By now it’s obvious that the government’s “stimulus” spending spree has failed to achieve its intended results—just as critics of Keynesian economic theory predicted. Compounding… Read More
As the summer begins to wind down, many are beginning to take a second look at the grandiose promises made by the Administration about this… Read More
It’s rather ironic that the activists who routinely lament government’s failure to protect public health are among the most vociferous proponents of expanding government powers…. Read More
There is bad news and worse news for state governments faced with underfunded pension promises. First, a new academic study shows that not only is… Read More
The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution. Paul Otellini… Read More
Vice President Joe Biden is at it again, this time spouting off on his desire to raise taxes through the looming expiration of the 2001… Read More
Pity the poor Congressional Budget Office (CBO) Director. Congress passes and the President signs the most massive fiscal stimulus program in history, spending more money… Read More
Washington think tanks and commentators continue to spin out impressive reams attempting to explain the necessity and virtues of adding a value-added tax (VAT) on… Read More
In a recent editorial somewhat misleadingly entitled “A Real Debate on Taxes,” The New York Times argues in favor of allowing the 2001 and 2003… Read More
When President Barack Obama’s own oil spill commission first met in July, they said that the President’s decision to ban oil drilling in the Gulf… Read More
This past Friday the Associated Press reported: Nearly half of the 1.3 million homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen… Read More
General Motors is making moves to sell some of its government-owned stock back to the private sector in what would be one of the largest… Read More
In many respects, Dan L. Duncan was the embodiment of the American dream, the self-made man incarnate. He transformed $10,000 and two propane trucks into… Read More
Government workers probably aren’t overpaid, and even if they are, we shouldn’t care. This is Paul Krugman’s message in a recent blog post that takes… Read More
Despite their key role in creating the housing crisis, Fannie Mae and Freddie Mac are not being reformed, and will continue to cost the American… Read More
Unless Congress and the President intervene legislatively, federal income taxes will soar on January 1, 2011 for millions of middle- and upper-income Americans. Tax relief… Read More
Many states offer “tax holidays” for shoppers during the back-to-school season, but families everywhere still pay extra at the checkout counter due to hidden import… Read More
