Barack Obama has compared himself to many Presidents. First he ran as Abraham Lincoln reincarnated. He even appealed to the spirit of Ronald Reagan. Then he tried to govern like Franklin D. Roosevelt (FDR). He campaigned for re-election as Harry Truman running against a “do-nothing” Congress. He’s been to Osawatomie, …
“Unthinkable and intolerable.” So President Franklin Delano Roosevelt considered strikes by government employees. Karen Lewis, the president of the Chicago Teachers’ Union (CTU), has a different view. She called a strike to block Mayor Rahm Emanuel’s (D) education reforms. Chicago Public Schools have a 40 percent dropout rate. Emanuel considers …
Remember the Great Depression of the 1920s? If not, that’s because it didn’t happen. The recession of the early ‘20s quickly ended after spending and taxes were cut dramatically. It provides a clear lesson in “austerity” that President Obama should heed. In 1920, newly elected President Warren Harding inherited a …
Three weeks ago, Democrats took what President Obama dubbed a “shellacking” at the polls: Republicans picked up 62 seats in the House, enough to gain a majority, and six in the Senate. The next day, the post-election analysis and finger-pointing began. Defeated Democrats blamed the President. Defeated Republicans blamed the …
Breaking news: President Obama is a strong believer in free markets. Yesterday, in an address to the Business Roundtable, Obama mounted a vigorous defense of the free market and private enterprise, explaining his basic approach to economics and regulation. In his own words, Obama has “always been a strong believer in the power …
George Mason University economics professor Don Boudreaux offered a grim assessment of the economic stimulus package that’s making its way through Capitol Hill, questioning President Barack Obama’s contention that government must do something. “Conventional wisdom in Washington is that we must do something regardless of how wise or prudent it …
