by Dan Mitchell | Nov 6, 2013 | Blogs, Economics
Perhaps because he wants to divert attention from the slow-motion train wreck of Obamacare, the President is signaling that he will renew his efforts to throw more people into the unemployment line. Needless to say, that’s not how the White House would describe the...
by Dan Mitchell | Aug 2, 2013 | Big Government, Blogs, Economics
President Obama made a much-hyped pivot-to-the-economy speech yesterday in Chattanooga, Tennessee. I already explained, immediately following the speech, why his “grand bargain” on corporate taxes was not a good deal because of all the hidden taxes on new investment...
by Dan Mitchell | Aug 1, 2013 | Blogs, Taxation
In his latest pivot to jobs and the economy, the President spoke earlier today in Tennessee. Much of his speech was tax-spend-and-regulate boilerplate, but he did repackage some of his ideas into a so-called grand bargain. He said he’s willing to cut the corporate tax...
by Dan Mitchell | May 24, 2013 | Blogs, Economics
Several European nations are suffering from a fiscal crisis. But that’s just part of the story. They also have significantly lower incomes than the United States, with living standards about 30 percent-40 percent below American levels. And while many people are upset...
by Dan Mitchell | May 10, 2013 | Blogs, Economic Growth, Economics
The most recent jobs report from the Labor Department contains both good news and the bad news. If you’re a glass-half-full person, you’ll want to focus on some positive trends. The joblessness rate fell to 7.5 percent, the lowest level since Obama became President....