Get Ready for the New New Deal

By: Brian Faughnan (Diary)  |  October 26th at 01:30 PM  | 

I’ve written elsewhere about the plans of Congressional Democrats to ignite a torrent of new spending if Barack Obama wins the White House. The list of Congressional Democrats eager to christen a ‘New New Deal’ is stunning (and apparently now includes Obama himself). If Obama does win the White House, we might see a sort of coming out party for the New New Deal agenda | Read More »

Economist: Obama’s Socialism Will Wreck the Economy

By: Brian Faughnan (Diary)  |  October 23rd at 04:54 PM  | 

Economist Adam Lerrick asks whether the tax code is at a tipping point, and if Barack Obama will shove it over the edge: What happens when the voter in the exact middle of the earnings spectrum receives more in benefits from Washington than he pays in taxes? Economists Allan Meltzer and Scott Richard posed this question 27 years ago. We may soon enough know the | Read More »