President Bush’s State of the Union message once again calls on Congress to address the coming tsunami of Social Security, Medicare and Medicaid costs. With 77 million baby boomers retiring, the ratio of taxpaying workers to retirees will fall to just 2:1. In the absence of reform, America would have …
President Bush is correct in saying “the long run, Americans can be confident about our economic growth.” Despite the current economic slowdown, productivity remains healthy and most economic fundamentals are strong. The U.S. economy will recover from this slowdown. However, tax rebates and more government spending will not accelerate any …
Sen. John McCain, a leading opponent of earmarking, today praised President Bush for his plan to issue an executive order cracking down on pork-barrel spending. During a conference call with bloggers, McCain said he was rejoicing at the thought of angry appropriators in Congress. “Thank God he’s doing it,” McCain …
Brian Darling previews President Bush’s final State of the Union address, noting that Iraq, free trade and taxes will be major themes of the speech. Darling also appeared on the National Association of Manufacturers’ “American Business With Mike Hambrick” to share his thoughts about the speech. [youtube]http://www.youtube.com/watch?v=pIwPLTGppis[/youtube] The White House, …
