Paul Krugman blasted opponents of cap and trade and The Heritage Foundation in his New York Times column today, saying: So where do the apocalyptic warnings about the cost of climate-change policy come from? Are the opponents of cap-and-trade relying on different studies that reach fundamentally different conclusions? No, not really. It’s true that last spring the Heritage Foundation put out a report claiming that Waxman-Markey would lead to huge job losses, but the study seems to have been so obviously absurd that I’ve hardly seen anyone cite it. Krugman …
DON’T BORROW, SPEND, AND TAX AWAY OUR FUTURE The President’s Plan Blames Bush: President Obama correctly points out that he inherited a projected $1.2 trillion deficit in 2009 from President Bush and a Democratic Congress. However, his budget adds an additional $659 billion to that deficit, pushing it above $1.8 trillion. Although Obama has pledged to reduce the budget deficit to approximately $600 billion by 2012, that would still be $150 billion above pre-recession levels. Quadrupling the deficit and then cutting it in half is not “change.” Increases Spending, Again: …
[youtube]http://www.youtube.com/watch?v=94lW6Y4tBXs[/youtube]In a speech during Prime Minister Gordon Brown’s visit to the European Parliament on March 24, 2009, British Member of the European Parliament Daniel Hannan gives a striking speech directed at his Prime Minister, explaining the pitfalls of liberal borrow-spend-bailout policies. Sound familiar? Instead of DVDs, President Obama should have given Gordon Brown his teleprompter, because without it, there is no response to this.
The American dream used to consist of the one underlying principle that every generation had the opportunity to do better than the generation that preceded it. Sometimes this dream is realized in grand fashion as it is with our President, who was raised by a single mother with a father he barely knew living on another continent and who had access to school choice programs. Sometimes it simply means making a little more, living in a better neighborhood and sending your kids to a better school or even college through …
Yesterday, just days after President Barack Obama signed his economic stimulus measure, the White House released a statement claiming credit for the reopening of a window and door factory in Chicago. Vice President Joe Biden said, “The reopening of this factory and the rehiring of these workers provide an excellent example of how the money in the Recovery Act is targeted to spur job creation quickly.” If the Obama Administration is going to claim credit for every job created since Obama and Biden were elected, then if they are honest, …
