The only growth is in Obama's popularity. So, U.S. consumer confidence unexpectedly plunged in January to its lowest level in more than a year. The U.S. economy unexpectedly posted a contraction in the fourth quarter of 2012 -- for the first time since the recession -- "defying" expectations that economic growth is in our future. If the ... MORE
Showing posts with label growth. Show all posts
Showing posts with label growth. Show all posts
David Harsanyi: Stagnation, The New Normal
The only growth is in Obama's popularity. So, U.S. consumer confidence unexpectedly plunged in January to its lowest level in more than a year. The U.S. economy unexpectedly posted a contraction in the fourth quarter of 2012 -- for the first time since the recession -- "defying" expectations that economic growth is in our future. If the ... MOREDonald Lambro: Obama's War On Wealth
Higher taxes mean slower growth. A big issue is missing in the debate over the “fiscal cliff”: how to get the Obama economy growing again, fueling capital investment, jobs and higher incomes. In all the fire and fury over whether we should raise or cut taxes, or how we can pound the deficits and a monster national debt into submission, ... MORECarbon Tax Could Come After Fiscal Cliff Deal
by William Bigelow. According to one former member of the White House Climate Change Task Force under President Clinton, President Obama may have plans to implement a carbon tax as soon as the fiscal cliff negotiations are settled. Forget the fact that Obama and his minions have repeatedly protested that they won’t press for a carbon tax, Paul ... MOREPeter Morici: Of The Fiscal Cliff And Into The Abyss
A fast track to chaos. Efforts to avert the fiscal cliff offer great drama, but won't solve Washington's budget woes and could precipitate another recession or worse. The Budget Act of 2011 requires the president and Congress to agree on a nine-year $1.2 trillion deficit reduction program, or annual defense and nonentitlement ... MORE
The Choice -- Free Market Or Socialist-Driven Democracy
by Charles Krauthammer. "Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not." That was Barack Obama in 2008. And he was right. Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a 30-year conservative ascendancy. It is common for one ... MORERalph R. Reiland: Back When Democrats Knew Economics
Who warned us about big government spending? Eleven months before he was assassinated as he rode with his
wife in the back seat of an open convertible in a motorcade through
downtown Dallas, President John F. Kennedy delivered a major address to the Economic Club of New York at the Waldorf-Astoria
Hotel on December 14, 1962. ... MOREObama's Energy Policy Led To Higher Gas Prices
by Dave Juday. At Tuesday night’s debate, President Obama said gas prices were under two dollars per gallon when he took office because the “economy was on the verge of collapse.” And that if Mitt Romney were elected he “could bring down gas prices, because with his policies we might be back in the same mess.” The inference of President Obama’s ... MOREMichelle Jamrisko: Business Activity In US Is Shrinking
Only government remains a growth industry. Business activity in the U.S. unexpectedly contracted in
September for the first time in three years, adding to signs
manufacturing will contribute less to the economic recovery. The Institute for Supply Management-Chicago Inc. said today its business barometer fell 49.7 this month from 53 in August. ... MORERalph R. Reiland: We're Going Backward
Obama keeps saying we're moving forward. They say the economy is moving in the right direction, that we should stay the course, that it takes time to pull out of the recession that began in late 2007. In fact, things are getting worse. The economy was creating 153,000 new jobs per month last year. That dropped during the first seven months ... MORERobert Zubrin: Dethrone The EPA
Prosperity through liberty or depression by strangulation. The current presidential campaign hinges on jobs and the economy. Yet most of the debate has centered on peripheral issues such as the Bush tax cut, when there is a Tyrannosaurus in the room that is being virtually ignored. That monster is the EPA. The EPA is today the primary enemy of ... MOREDoug Bandow: Killing The Economy With Gov't Stimulus
Death by spending. President Barack Obama’s presidency hangs in the balance after another disappointing employment report. He continues to advocate new government “stimulus” programs to boost his reelection campaign. However, Washington is awash in government “stimulus,” without effect. Only productive private investment will spark economic ... MORE
Gene Healy: Take Me Down To The Parasite City
The District is blooming. Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery's totally stalled. But not here: The District is booming! "Washington may have the healthiest economy of any major metropolitan area in the country," says New York Times D.C. bureau chief David Leonhardt in Sunday's ... MORERonald Bailey: Government Did Not Build Your Business
No surprise, Obama is wrong again. “If you’ve got a business—you didn’t build that. Somebody else made that happen,” declared President Barack Obama at a campaign stop last week in Virginia. Evidently, the president believes that economic growth and job creation are largely the result of actions taken by benevolent government agencies. ... MORETom Price: Regulations Are Choking Small Business Growth
Strangled by red tape. The cost is $1.75 trillion. That’s the price of complying with Washington red tape — and that’s not a misprint. While the federal government has the responsibility to establish reasonable regulations to help protect the American people, federal rule-making is so costly and cumbersome that it actually impedes job creation ... MOREPeter Schiff: The Real Fiscal Cliff
Foolish borrowing driving us over the cliff. The media is now fixated on an apparently new feature dominating the economic landscape: a “fiscal cliff” from which the United States will fall in January 2013. They see the danger arising from the simultaneous implementation of the $2 trillion in automatic spending cuts (spread over 10 years) agreed ... MORESteve Conover: Is Government Really 'The Solution'?
If so, the problem must be prosperity. Additional government action is facing tough obstacles today. But is conservative 'propaganda' really to blame? In a recent Washington Post op-ed, E.J. Dionne scolded his fellow liberals for refusing to admit what the Republicans have been saying all along: That liberals think government is the solution. ... MOREPatrick Brennan: The Inequality Fetish
Does unequal income cause economic ills? There must be something in the water in Scandinavia: Nobel laureates, from our president to Paul Krugman and Joseph Stiglitz, all agree that high levels of inequality are a serious problem, if not the problem, facing our weak economy. According to this liberal thesis, either the 2008 financial ... MORE
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