Democrats love to paint the picture of Republicans cozying up to lobbyists. Their always either eating lunch in some impossibly upscale place where average folk couldn’t even sniff a reservation, or in some dark, smoke filled, bar smoking cigars and sipping Scotch, their pinky finger stuck out for good measure. The story goes, Republicans are in it for the money, Democrats are the ones left | Read More »
Conservatives have spent much of the past week trying to explain exactly why Obamacare is going to bust the budget. We’ve done our best to highlight the unrealistic assumptions , the budgetary gimmicks , and the downright dirty tricks contained in the bill that make it a sur But Democrats dogmatically kept pointing to the CBO report, conveniently ignoring Republicans critique of that very score. | Read More »
Former Bush advisor and Harvard economics professor Gregory Mankiw has some fantastic advice for President Obama if he wishes to work together with Republicans. He encourages him to focus on marginal tax rates rather than tax credits, to spread opportunity rather than spread the wealth, and to “have a beer with a Republican at least once a week.” But one recommendation in particular caught my | Read More »
From the diaries by Erick Investing in math and science is the way to solve the economy. A great idea. And somehow liberals have co-opted it to make it sound like their own. Today’s Los Angeles Times for instance contains an article entitled, “Fixing the Economy the Scientific Way,” arguing that the federal government must spend more money on math and science education. They point | Read More »
The Irish are having another awful year. Not the Fighting Irish mind you, their year could better be described as mediocre, but hopeful. The future prospects of the nation of Ireland on the other hand are anything but hopeful. Having just announced an $113 billion bailout to rescue its banks, Ireland’s economy is still hovering on the brink of collapse. The luck of the Irish | Read More »
A battle is currently raging in Washington. To address our budget deficit should we raise taxes or cut spending. It is assumed that these are two sides of the same coin. Raising one dollar in taxes is the equivalent of cutting one dollar of spending. But is that true? Although the math may seem clear, history tells us that the two actions produce two different | Read More »
The house of cards that Democrats have been building over the past two years is teetering precariously. Namely, we have misused our status as the world’s global reserve currency of choice. Over the past year the Democrats have spearheaded a fiscal effort to jumpstart the economy. The centerpiece of this approach was the $862 billion stimulus bill that was supposed to pump money into the | Read More »
We’ve done it. We’ve finally achieved a measure of bipartisan agreement on something. More and more Democrats are embracing the idea that the Bush era tax cuts should be extended for all Americans. Does this mean something will actually get done to prevent the tax increase? No. At least not if party leaders like Nancy Pelosi and Barack Obama have anything to say about it. | Read More »
We’re heading into the home stretch. We’ve rounded the final corner and are now speeding towards the November finish line. If you haven’t figured it out I’m talking about the upcoming elections where Democrats are trying their best to stay ahead of the Republicans in the race for Congressional control. But Democrats appear to be running out of fuel, the result of a failed “Recovery | Read More »
“Things could be worse.” That is the best this beaten-down President can say. It reminds me of the scene from that cinema classic Dumb and Dumber. The main characters, Harry and Lloyd, beaten down from their personal (but self made) struggles go on a rant, “We got no food, we got no jobs, our PETS’ HEADS ARE FALLING OFF!” That is the sense of frustration | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}