Since the beginning of government, the ambition of those who spend money has rarely been matched by the ability of citizens to pay for government. Modern day America, California or Greece are not exceptions to the rule, just examples of yesterday on a more grand scale today. As perpetual as that problem is - so [...]
“Stop the bad stuff” is what John Boehner told a bunch of us at breakfast a few weeks before the election. That’s how he defined the GOP mission. Now he’s Speaker.
And now there’s an opportunity for both ends of Pennsylvania Avenue to move in the direction of a supply-side economic growth model to reduce chronic [...]
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Today Coffee and Markets is proud to be joined by Senator-elect Rand Paul of Kentucky.
The new year will bring with it a new House and Senate, one populated with several members whose approach to the job stands to be a unique departure from politics as usual. Foremost among these [...]
From the Associated Press:
One of the first places to test the new pro-business push will be Wisconsin, where Republican Gov.-elect Scott Walker has promised to call the new GOP-led Legislature into an emergency session on his first day in office Jan. 3.
Walker wants to lower taxes on businesses with fewer than 50 employees, impose new [...]
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the biggest stories from 2010 and some predictions for 2011.
On a historic night this past Thursday, a new Tea Party Republican Congress completely transformed U.S. economic policy. Elections matter, and so do their ideas. Smaller government, low taxes, and less spending were key election themes in the Republican landslide. And those themes triumphed this week as a large tax-cut bill finally passed the House [...]
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss what the dead $1.1 Trillion Omnibus spending bill means for small businesses, and what really started the financial crisis.
Nothing changes so much as it stays the same. The Democrats continue to be relentless in their determination to expand all levels of government, and Republicans, despite just coming off an historic electoral victory nationwide, still don’t get it.
It would be impossible, under normal circumstances, to imagine that Democrats in Congress, having gone through what [...]
In early December, Congress passed the Child Nutrition Act of 2010 (The Healthy, Hunger-Free Kids Act); however, controversy still surrounds the bill regarding the cuts to the food stamp fund in order to pay for the act.
With a record number of Americans receiving food stamps as this WSJ report highlights, are those cuts to the fund such a good [...]
For once, top Obama economic advisor Larry Summers got it right. Warning opponents of the big tax-cut deal, Summers told reporters, “Failure to pass this bill in the next couple weeks would materially increase the risk that the economy would stall out and we would have a double-dip recession.”
Too bad Mr. Summers didn’t advise the [...]
You would never know, would you? In all of the fury and progressive passion to soak the rich, no one is chattering about the expiration of unemployment benefits–except for the unemployed. With rising gas and food prices and the holidays quickly approaching, the Democrats zeal for taxing the rich has eclipsed the need to stimulate [...]
When a bad plumber or electrician comes to your house you might pay a lot of money for an incomplete and potentially dangerous fix of the problem.
But a band aide on a bad pipe just means that a potentially disastrous leak is still very much in your future and that the money you just paid [...]
Today, the Senate will vote to increase taxes on American job creators. Ironically, the November unemployment numbers came out yesterday and unemployment has risen to 9.8%. Only in Washington would politicians think that this is the time to punish job creators by raising taxes.
This is not the time to raise taxes on job creators, yet [...]
Hopefully this short video helps put a face to the evil “wealthiest two percent” that we so often hear about throughout this election cycle. This government is on a tear to stir up hatred towards our nation’s successful business owners, who surprisingly enough, employ a huge chunk of Americans. It’s a difficult concept for some, [...]
Our fiscal policy goal should be smaller government. Regardless of how it is financed, government spending diverts resources from the productive sector of the economy, and there is widespread evidence that nations with larger public sectors suffer from weaker economic performance.
The politicians in Washington don’t want to focus on the size of government. They would [...]
Would you vote to cut taxes only for the middle-class, if that were your only choice? Who says it’s your only choice? It’s time to place the blame on those who try to box people in.
The furor over the tax cut answer given by House Republican Leader John Boehner (R, OH) obscures the fact that it’s [...]
“The middle class is still treading water, while those aspiring to reach the middle class are doing everything they can to keep from drowning.”
—President Barack Obama, 8 September 2010
Bad metaphors bring bad policies. During the Great Depression Americans were told that “the pump” had to be “primed.” Despite twelve years of pump-priming, F. [...]
Economists and pundits, who contend that the Federal Reserve System has little room to maneuver in using monetary policy to jump-start our anemic economy, often have claimed that America is mired in a Keynesian “liquidity trap”, a situation in which the demand for money is unresponsive to changes in market interest rates.
After all, those commentators [...]
The economy is suffering from something like a summer swoon. In the words of business columnist Jimmy Pethokoukis, the recovery summer has gone bust. We all know this from the sloppy statistics coming in for jobs, retail sales, and most recently manufacturing. But market-based indicators are telling the same story.
Let’s start with the Treasury bond [...]
In this week’s edition of Coffee and Markets, featuring The New Ledger’s Francis Cianfrocca, we’re talking about GM’s purchase of Americredit, changes in FHA policy, deflation, Ben Bernanke, Tim Geithner, and more. We’re brought to you as always by Andrew Breitbart’s BigGovernment.com and LibertyPundits.com.
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To the American mind there may be nothing more quintessentially Swedish than the leggy, blond supermodel.
But there’s another Swedish model that inspires almost as much admiration—the Swedish economic model. With a generous welfare state and high living standards, Sweden seems to prove that socialism works. Much of the hope that swept Barack Obama into the [...]
The prospect of CNBC analyst Larry Kudlow seeking the Republican and Conservative Party nominations to oppose Sen. Chuck Schumer has become a cause among Tea Party folks, Conservatives, Republicans and many on Wall Street. Not since James L. Buckley won a US Senate seat in 1970 have New York Conservatives been so excited about a statewide political race.
I don’t know [...]
The Scott Brown triumph heralds an enormous opportunity for Republicans this fall.? As I posited in Part 2 of this series, The Top 4 Things Congressional Republicans Must Do in 2010, in order to make the most of the 2010 elections, Republicans must run on a defined Agenda for the Fall Elections.? That Agenda needs [...]
Because of the resignation of Hillary Clinton from the U S Senate and the subsequent appointment of Kirsten Gillibrand,?both of New York’s U.S. Senate seats are on the ballot this fall. While most of the focus has been on a potential dust up between?the Junior Senator and former Congressman Harold Ford, Jr., no one has [...]