Weak economy or not, a huge tax increase is just around the corner. Tax relief enacted nearly a decade ago is set to expire in January, raising taxes for middle-class families, slamming the economy with new burdens, and hurting Americans at every level. The Obama Administration wants to raise taxes …
According to reports, Christina Romer, Chairman of the President’s Council of Economics Advisers (CEA) is calling it quits. Why does this matter? Another ignored economist leaves Washington with a slightly tattered professional reputation to be received joyously back in the arms of her colleagues in academe having served in a …
The United States spent $28.7 billion dollars in 2009 on official development assistance, more than any other country in the world. There is no denying that many people in poor nations live in desperate conditions and Americans rightly want to help them improve their lives. In an effort to measure …
Earlier this week, the Chinese People’s Liberation Army (PLA) this week inaugurated “Vanguard-2010,” a series of air defense exercises involving a variety of units from the PLA Air Force (PLAAF), but also the PLA Navy (PLAN). The exercises, as described in the Chinese press, will include fighter bombers, strike aircraft, …
Is Granny “disposable”? Some seniors may get that impression once Obamacare kicks in. As noted in a recent Wall Street Journal article, the new law cuts $200 billion from Medicare Advantage, a public-private “hybrid” of Medicare. As a result, more than 11 million seniors will likely see their Medicare Advantage …
Sens. Tom Coburn (R-OK) and John McCain (R-AZ) have put out an excellent report on the 100 most wasteful projects funded in President Obama’s $862 billion Stimulus plan. The report, Summertime Blues, is important for conservatives to read from cover to cover. This report contains some of the most egregious …
The Obama Administration announced “Recovery Summer” in June to highlight the expected gains in jobs and economic strength resulting from Obama’s stimulus.. Well, maybe next summer. Initial estimates from the Department of Labor (DOL) suggest the economy shed a whopping 131,000 jobs in July while employment for the prior two …