When Mitt Romney chose Paul Ryan as his running mate, things were not looking up for the Romney campaign. Several polls (with highly skewed sample) showing Romney down big against Obama. The swing-state polls were not looking good for Team Romney either. And there were worries that Romney was not hitting back hard enough against [...]
Entries Tagged With "economy"
President Obama has unveiled his latest attack against Mitt Romney, focusing on Romney’s days with the private equity firm Bain Capital. But just as the Obama campaign was getting ready to launch their attacks, a curious thing happened: Mayor Corey Booker, the Democratic mayor of Trenton, New Jersey and a rising star in the Democratic [...]
Niall Ferguson has an excellent article in Newsweek on how American civilization can avoid a precipitous collapse. His advice boils down to a proposition that’s simple in theory, but difficult in practice: the United States must return to the system of values that made it what it is today. Specifically, Ferguson identifies six “killer applications” [...]
As the old saying goes, “insanity is doing the same thing over and over again and expecting different results.” By that definition, President Barack Obama is frigging bugnuts. This evening, President Obama called on Congress to pass the “American Jobs Act,” which is little more than another round of the same failed stimulus that was [...]
Carlos Watson argues that the solution to our fiscal problems is to tax the living daylights out of the “rich” in the hopes of making up for a $5 trillion hole in our national finances. That solution will not work. For one, there aren’t enough “rich” people to make up for the current deficit. We [...]
E.J. Dionne does what Democrats love to do, except when running for public office: call for a massive increase in American taxes. Again, he demonstrates the fundamental flaws in the Democratic understanding of basic economics: He’s right that a large share of any increase should hit those who enjoyed the biggest income gains over the [...]
Bloomberg has a deeply critical piece written by Kevin Hassett arguing that Obama has declared “war” on American business. This may seem like hyperbole, but the evidence bears it out: Imagine that some hypothetical enemy state spent years preparing a “Manchurian Candidate” to destroy the U.S. economy once elected. What policies might that leader pursue? [...]