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  • the Obama tax hike

    Morning Bell: Holding Economic Recovery Hostage

    Last August, NBC News’ Chuck Todd posed a question to President Barack Obama from Elkhart, Indiana, resident Scott Ferguson: “Explain how raising taxes on anyone during a deep recession is going to help with the economy.” The President responded: “We have not proposed a tax hike for the wealthy that … More

    Morning Bell: The Obama Tax and Spend Hikes

    According to the Wall Street Journal/NBC News poll released today, only 26% of voters think the economy is going to be better in the next year, and 61% think the country is on the wrong track. Desperate to show Americans he’s fighting “every single day, every single hour, every single … More

    It's Not About Guns vs. Butter, Mr. President

    It is understandable that the President wanted to mention the sorry state of the domestic economy in his address to the nation. More Americans are out of work now than when Obama took office. Recent economic news has not been good. Just as the President said, fixing the economy is … More

    Obama’s Economic Slide

    The Commerce Department today revised down its estimate for second quarter gross domestic product from 2.4 percent to 1.6 percent. This is not a sign of a weakening economy but a weak economy last spring. The weakness was especially pronounced as the bulk of what growth did occur was due … More

    Morning Bell: The Left is in Full Retreat

    Last Thursday, a who’s who of the progressive movement met for a conference call organized by Families USA and hosted by the advocacy group for government-run health care, The Herndon Alliance. The Alliance’s partners include AARP, AFL-CIO, SEIU, MoveOn and La Raza, among many others. Democratic pollsters John Anzalone, Celinda … More

    Obama's Tax Hike: The Movie

    As we have been reporting, President Barack Obama is set to let tax rates increase at the end of this year. Obama’s tax hike will have devastating effects on an economy already on the ropes. There have been a lot of myths spread by the left about the supposed dangers … More

    Another Recession, Already?

    When economists forecast the economy, they tend to draw straight lines. They figure out where we are and where we’re going, and they plot a line. In fact, neither contractions nor expansions are ever smooth. For various anomalous reasons in the economy and in the data, reported GDP movements are … More

    Morning Bell: Under Obamanomics, Government Workers Win, You Lose

    Today the House of Representatives is expected to approve yet another bailout for those states that have proved incapable of controlling their spending on government worker pay, benefits and pensions. The $26.1 billion price tag will be funded in part by $11 billion in tax hikes on U.S. companies that … More

    Morning Bell: Blaming Bush Doesn't Create Jobs

    In January 2009 after it became clear that the leftist majority in Congress would pass President Barack Obama’s $862 billion economic stimulus bill without a single vote from a Republican, Speaker Nancy Pelosi (D-CA) defended her partisan approach, telling Politico: “Yes, we wrote the bill. Yes, we won the election.” … More

    Heritage in Focus: The Bush Tax Cuts and the Deficit Myth

    The leftist majority in Congress likes to blame their trillion-dollar budget deficits on the