Obama’s Balanced Revenue Compromise Written on July 27, 2011, by James Atticus Bowden.
President Obama’s speech last night was weak. Not new news, but shamefully weak for a national address to the Nation in prime time. Barry doesn’t know what is worthy of a national address and what is a political speech. His political speech used the poll-tested words – balanced, revenue and compromise. Like they actually provide [...]
The night the president lost his party Written on July 26, 2011, by D.J. McGuire.
For all the argument about how the Republicans would act as D-day (for Default) approaches, it is the division among the Democrats that seems to have assured the outcome. The moment Harry Reid put forth a plan to reduce spending by $270 billion a year …
The night the president lost his party Written on July 26, 2011, by D.J. McGuire.
For all the argument about how the Republicans would act as D-day (for Default) approaches, it is the division among the Democrats that seems to have assured the outcome. The moment Harry Reid put forth a plan to reduce spending by $270 billion a year and not raise revenue, it all but ensured we will [...]
MSNBC “DUH” Moment Written on July 25, 2011, by Riley.
This is an instant classic.
The revenue effect of a tax increase: it’s not what you think Written on July 21, 2011, by D.J. McGuire.
As arguments over tax increases versus spending cuts continue, Veronique de Rugy (NRO – The Corner) refers to a paper by Christina and David Romer (the former was Chair of President Obama’s Council of Economic Advisors for over a year and…
The revenue effect of a tax increase: it’s not what you think Written on July 21, 2011, by D.J. McGuire.
As arguments over tax increases versus spending cuts continue, Veronique de Rugy (NRO – The Corner) refers to a paper by Christina and David Romer (the former was Chair of President Obama’s Council of Economic Advisors for over a year and a half) on the effects of tax increases on GDP. The National Bureau of Economic Research [...]
S&P lays it on the table Written on July 19, 2011, by D.J. McGuire.
Having probably noticed that Standard and Poors’ warning got lost amid the will-it-be-a-default-or-won’t-it argument, Veronica de Rugy (NRO: The Corner) reviews where S&P made it abundantly clear that its concern over American paper is about more than the August 2 deadline (emphasis added): First, S&P writes that unless there’s a credible $4 trillion deal within the next [...]
S&P lays it on the table Written on July 19, 2011, by D.J. McGuire.
Having probably noticed that Standard and Poors’ warning got lost amid the will-it-be-a-default-or-won’t-it argument, Veronica de Rugy (NRO: The Corner) reviews where S&P made it abundantly clear that its concern over American paper i…
Why the House Republicans are right to oppose tax increases Written on July 18, 2011, by D.J. McGuire.
As the latest attempt to preserve the sovereign debt bubble resolve the debt-ceiling issue careens toward its conclusion, the pundits, experts, et al are lamenting the refusal of the Republican majority in the House of Representatives to accept tax increases as part of any debt-ceiling/deficit-reduction deal. The arguments aimed at the GOP have only two [...]
No wonder Obama is so blase about more massive borrowing Written on July 14, 2011, by D.J. McGuire.
He knows Ben “The Printing Press” Bernake is ready to monetize it all, again (Guardian, UK): Bernanke said a third round of quantitative easing, called QE3, could be necessary if the economy fails to regain momentum in the second half of t…