The remarks of Alan Krueger, chairman of Obama’s Council of Economic Advisers, asserting that taxing the rich can spur economic growth demonstrate that he and the Administration are nothing if not consistent in their mistakes. Krueger says that there is growing income inequality in the United States, that this growing …
Two new chapters in the Solyndra scandal were written today, one involving a potential bailout of the company and the latest regarding Congress’s move to subpoena the White House for related communications. Meanwhile, the Department of Energy’s Office of Inspector General is “is investigating more than 100 potential instances of …
Imagine a high-speed train zooming down hundreds of miles of glistening train track stretching across sunny California, connecting Anaheim to San Francisco. It’s a bullet train dream, and it’s a prime example of President Barack Obama’s latest plan to create jobs in America. The trouble is that this dream is …
President Obama’s “blame conservatives” rhetoric was on full display yesterday as he described his plan to provide relief to students overburdened by loan debt that they voluntarily assumed. “We can’t wait for Congress to do its job, so where they won’t act, I will,” Obama told a crowd of Denver college …
It sounds like a former Obama Administration official is changing his tune on two of the President’s early stimulus efforts. Austan Goolsbee, former chairman of President Obama’s Council of Economic Advisers, says that in retrospect he would not have supported the Cash for Clunkers program or the home buyer tax credit. Politico reports: …
Today marks the 1,000th day of Barack Obama’s presidency, and unfortunately for America, those days have been marked by deeper deficits, lost jobs, prolonged unemployment, and bigger government. Meanwhile, many of those charged with leading the federal government have all but abdicated their responsibilities. The national debt stands at $14.9 trillion–$4.2 …
If something is too big to swallow, you cut it into bite-sized pieces. But that won’t improve the taste—unless you jettison any stinky stuff. Likewise, the notion of splitting-up President Obama’s Senate-rejected 326-page “jobs bill” won’t improve any of the proposals. It’s good that the break-up would prevent the classic …
In the currently battered U.S. economy, with high unemployment and bleak growth prospects, politics has become a contest of dueling jobs plans: politicians of every stripe have them. Their motivation may be sincere, but their concept is wrong – and they are just perpetuating the myth that government can create …
