Senator Ron Johnson (R-WI) asked Ben Bernanke at the recent Senate Budget Committee if the lack of Presidential leadership was hurting the US economy. He asked, “I’m afraid President Obama has just been phoning it in here the last couple years in terms of our debt and deficit issue. … Can you speak to how harmful that is in terms of economic growth?” Now Bernanke | Read More »
We now have a pattern on our hands. When the math behind Barack Obama’s health care plans doesn’t work, Obama attacks math. Now, he doesn’t do it directly. He gets Peter Orzsag to debase his intellect for Obama’s political ends. First, he did it with the IMF score. Then this week he pressured the CBO scorers early this week after their math provided defeat after | Read More »
When Barack Obama released, his budget, he claimed that it didn’t contain “gimmicks” and that he cost of the budget was so high because he fully funded Iraq and Afghanistan in the budget and didn’t use gimmicks. Jackie Calmes of the New York Times swallowed the line so completely that she called her story “Obama bans gimmicks, deficits will rise”. (Never mind that the ever | Read More »
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