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    Obama's Bank Tax - The Victim is YOU!

    So President Obama wants to slap a tax on banks, but should you really care? Absolutely. Those taxes are going to wind up costing YOU money, whether you’re a customer, a bank employee or an investor, according to the non-partisan Congressional Budget Office (CBO). As ABC News reports, the CBO … More

    In Pictures: The Obama and Pelosi Job Gaps

    There are a lot of ways to measure job growth in America, some more accurate than others. Organizing for America (the political arm of the Democratic National Committee) created a chart to “celebrate” the first anniversary of President Barack Obama’s Failed Stimulus. Their chart attempted to cover up the fact … More

    What Impact Did President Obama's Stimulus Really Have?

    It has been a little over one year since the stimulus package was passed through Congress in order to spur private consumption and to decrease high unemployment, and a recent article published in the Wall Street Journal by Harvard economist Robert Barro discusses the impact the stimulus has had on … More

    What Exactly Was the Stimulus?

    Was the stimulus (A) a job creation bill or, (B) a liberal spending wish list? A new Government Accountability Office (GAO) study suggests that option B is closer to the truth. Small wonder it did not bring unemployment down. Obama publicly argued that America needed the $862 billion bill to … More

    PolitiFact Declares Century-Long Economics Debate Over

    For most of a century, macroeconomists have debated the pros and cons of government “stimulus” policies. Because there is no way to determine how the economy would have performed without a stimulus, the debate comes down to dueling economic models, assumptions, and theories. With Nobel Prize-winning economists lining up on … More

    Stimulus Fail: Green Your Home for $57,000

    A $5 billion stimulus program to weatherize homes is off to a shaky start. ABC News reports that at the end of 2009, only 9,100 have been weatherized to save energy through the American Reinvestment and Recovery Act.  $522 million of the $5 billion has been spent thus far, which … More

    Video: Reps. Cantor, Capito, Garrett and Rooney

    A discussion on the Stimulus – One Year later with Reps. Eric Cantor,  Shelley Moore Capito, Scott Garrett and Tom Rooney was held at The Heritage Foundation on Thursday, February 18. Viewers on Facebook asked questions of the speakers. The archived video will be here later in the day.

    Morning Bell: Don't Celebrate First Failed Stimulus with a Second One

    Tomorrow is the one-year anniversary of the American Recovery and Reinvestment Act, or as it is more accurately described, President Barack Obama’s Failed Stimulus. When President Obama signed the now $862 billion deficit-spending bill into law, the unemployment rate stood at 7.6% and the U.S. economy employed 133.5 million people. … More

    Obama Goes Forward With Jobs Plan, Though Jury Still Out On First One

    While the nation suffers an unemployment rate of nearly 10 percent, Barack Obama spent last week talking about job creation with “civil rights” leaders — despite the fact that President Obama’s last job creation ideas haven’t even been properly analyzed, let alone proven to work. The New York Times reports … More

    AP: President Obama's Jobs Bill Won't Create Many Jobs

    The Associated Press reported yesterday that “There’s a problem with the bipartisan jobs bill emerging in the Senate: It won’t create many jobs.” Given the President’s track record, that shouldn’t be a surprise. One feature of the President’s jobs bill is a tax cut for businesses that hire unemployed workers. … More