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Feckless Administration Ignores Economic Blueprint For Success

President Bush announced in October 2007 that because of increased tax revenues as a result of the Jobs and Growth Tax Relief Reconciliation Act of 2003 the national deficit was lower than the average of the past forty years. The Bush Administration celebrated...

Published 08-11-2009 12:01 AM by Jim Hoft

Filed under: GDP, economic recovery

BARONE: Britain and United States Go in Different Directions

Once upon a time, British and American politics seemed to operate in tandem. Margaret Thatcher and Ronald Reagan came to office, both supposedly little experienced and out of the mainstream, at about the same time. Tony Blair shaped his New Labor politics...

Published 07-20-2009 12:05 AM by Michael Barone

Filed under: taxes, budget, deficit, GDP, Britain

BARONE: The Price of Leaving the Details to Congress

"Never let a crisis go to waste," Barack Obama's Chief of Staff Rahm Emanuel said last November. The crisis he referred to was economic: the financial collapse and the rapidly deepening recession. The opportunity it presented, for Obama...

Published 07-16-2009 11:41 AM by Michael Barone

Filed under: congress, wasteful spending, GDP, economic recovery

June Job Losses Causing July Heat Stress in D.C.

They say that heat stress makes you dizzy and heat exhaustion brings on a cold sweat. But, after the latest unemployment figures were released for June, the Obama Administration is starting to show signs of heat stroke. It's getting hot in Washington...

Published 07-14-2009 12:05 AM by Jim Hoft

Filed under: unemployment, stimulus, GDP

SAMUELSON: The Real Era of Big Government

WASHINGTON -- The question that President Obama ought to be asking -- that we all should be asking -- is this: How big a government do we want? Without anyone much noticing, our national government is on the verge of a permanent expansion that would endure...

Published 07-13-2009 12:05 AM by Robert Samuelson

Filed under: big government, budget, GDP, government spending

How Much of This Hope and Change Disaster Can Americans Take?

It's time to put down the Kool-Aid. It's time to quit chasing unicorns . It's time to stop the Hopey-Changey advertising campaigns . It's time for reporters to quit bowing and for legs to stop tingling . Hope and Change may have made a...

Published 07-07-2009 12:05 AM by Jim Hoft

Filed under: unemployment, wasteful spenging, deficit, GDP, inflation

New CBO Report on "Unsustainable" Entitlement Spending

The non-partisan Congressional Budget Office has released a new report (PDF) with the very unsexy title, “The Long Term Budget Outlook.” It is guaranteed to depress you. In fact, I would recommend you pop a Zanax before perusing its 82 pages...

Published 06-30-2009 12:05 AM by Rick Moran

Filed under: taxes, tax reform, GDP, economic recovery, government spending

On Debt Auctions and Economic Growth

In March, the United Kingdom experienced something that hadn’t happened in nearly 15 years: a bond auction failed. Failures like this are becoming more common in the developed world. So far this year debt auctions have failed not only in the U.K...

Published 06-19-2009 8:57 AM by Brian Faughnan

Filed under: GDP, united kingdom, debt auctions

The End of the American Economic Era?

What comes after the United States ceases to be the central point of free-market economic power? We may shortly get the answer to that question. As the United States increases its borrowing for greater government spending, willing buyers of American bonds...

Published 05-28-2009 5:45 AM by Edward Morrissey

Filed under: free market, economy, debt, EU, GDP, economic recovery

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