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  • Obama’s Vigorous Anti-Jobs Campaign

    The Obama Administration is visibly perplexed by the failure of the U.S. economy to be duly stimulated. It shouldn’t be. After frittering away political capital and taxpayer dollars on an ineffectual fiscal stimulus, Obama’s policies share the singular characteristic of draining the economy of the most important ingredient needed for … More

    Obama’s Failed Stimulus in Pictures: Jobs Gap Grows to 7.6 Million

    Another month under President Obama, another 11,000 jobs lost, pushing the total Obama jobs deficit to 7.6 million. One day after the White House jobs summit admitted that the President’s policies — including the massive $787 billion stimulus enacted last spring — are not working to create jobs, the Department … More

    The Jobs Summit: Jobs Failure 2.0

    The unemployment rate when President Obama took office last January was 7.6 percent and credit markets were in the throes of a global contagion. He immediately tasked Congress with passing a fiscal stimulus bill, and signed a $787 billion whopper in March. Politicians rarely admit mistakes, especially big ones. Even … More

    Dead Men Pay No Taxes

    As the Congress prepares to address the death tax in the waning weeks of December, one argument undergirds the primary defense the tax. The argument is the tax is needed for “fairness”, to impose an adequate level of taxation on the rich. Of all the arguments in tax policy, this … More

    Sacrifice Spending to Pay for the War

    Liberals in Congress and out are calling for a new tax to pay for the war on terrorists in Afghanistan and Iraq. At the same time, rising unemployment and falling political prospects have driven President Obama and friends to fumble for stimulus 2.0, the first $787 billion Obama stimulus having … More

    Tax Terrorists, Not Americans

    As President Obama pondered anew his strategy for winning the war on terror in Afghanistan, the antiwar crowd unleashed an odd new tactic to force a retreat: a tax. Not a new tax on the terrorists which, while obviously uncollectible, would at least be properly targeted. And, thankfully not a … More

    Heal the Economy, Start Over on Health Care Reform

    As the economy sputters and falters the questions coming up time and again are: What should Obama do? What can Congress do? They’ve tried spending their way to prosperity and as today’s jobs numbers show, 3.5 million jobs lost since Obama took office and an unemployment rate that shot up … More

    Obama Jobs Deficit Hits 7.7 Million and Climbing

    The Department of Labor announced today the economy shed another 190 thousand jobs in October, pushing the unemployment rate to 10.2 percent and the running Obama jobs deficit to 5.7 million. Earlier in the week the Obama Administration released figures purporting to show the Obama stimulus had saved or created … More

    Bubble, Bubble, Toil and Trouble

    Confusing times lead to conflicting concerns. Worries over current deflation run into worries about explosive inflation down the road and now there are growing worries over another global asset price bubble. All of these worries are valid, but the possible return of the asset price bubble is the newest and … More

    Summers’ Tax Rate Comments A Substantial Revelation

    Lawrence Summers, the Director of the White House National Economic Commission recently committed an unpardonable sin – he revealed two unpleasant truths in a single sentence. Summers said, “I don’t find there to be much evidence that suggests that raising the top marginal rates from 35 to 39 percent that … More