1. Principle as Political Liability

2. New Debt Limit Brings New Opportunity for Cut, Cap, Balance

3. The Stimulus Chart Obama Doesn’t Want You to See

1. Principle as Political Liability

What a weird campaign season we are having. Let me present you a truth that some of you may bristle under, but is true nonetheless.No matter how right the cause or principle, it may still be a political liability.I’ll start with the one you’ll agree with it. Barack Obama and many on the left may believe that abortion . . . er . . . um . . . “women’s health except for mammograms, pap smears, and the like — contraception only —” is a fundamental right necessitating the Catholic Church foregoing its own tenets and forced to give out free birth control pills and abortifacient drugs, but those who agree are deluding themselves that it will not also be a political liability.Let’s try another one. Barack Obama and the Democrats may believe that socializing healthcare in this country is the right and proper thing to do, but it has also been proven to be a political liability.How about this one: God bless Mitt Romney for being a capitalist’s capitalist making millions on Wall Street, but it will be a huge political liability in November.Oh, one more. Come on! Rick Santorum may be absolutely right on the principles of morality and social decay in this country, but it will be a political liability with independent voters.The funny thing is that many of you on the left who read the first two were shaking your heads in absolute disagreement and then agreeing with the latter two. Those of you on the right had the opposite reaction.Partisans typically do. It is for level headed strategists, consultants, and pundits to try their best to overcome their partisan world views and accept reality. Some things you and I may love about a candidate may actually be real political liabilities for that candidate in a general election.Please click here for the rest of the post.

2. New Debt Limit Brings New Opportunity for Cut, Cap, Balance

When Republicans agreed to raise the debt ceiling last year, not only did they credit Obama’s credit card by $2.1 trillion, they also gave him a lifeline until after the election. At the time, it was projected that $2.1 trillion in new debt allowance was sufficient to last until January 2013, sparing Obama the embarrassment of raising the debt ceiling right before the election. Well, it appears that we’ve blown through the new debt so quickly that we might bump up against the $16.394 trillion debt ceiling before November 2012.Last week, Senator Rob Portman released an analysis showing that we will reach the debt ceiling before the end of the fiscal year.Please click here for the rest of the post.

3. The Stimulus Chart Obama Doesn’t Want You to See

Note from Erick: Yes, this is a repeat from yesterday, but it is too important to ignore.Three years ago today, President Obama signed his infamous stimulus package into law. In exchange for $1.2 trillion (including interest), liberals said their plan would bring the unemployment rate down to about 6% today. It hasn’t fallen below 8% at any point in the last 36 months.There has been a recent drop, though, which some Democrats claim as proof that their stimulus plan finally worked. But if that’s true, then where are the jobs?Please click here for the rest of the post.