President Obama and other statists in Washington want a big class-warfare tax hike. They claim the additional revenue is necessary to reduce red ink. But their ideological crusade is based on some blatant distortions. They tell us that tax increases are necessary, but even CBO data shows that the budget can be balanced in just […]
read more...I agree that Obama inherited a crappy economy, and I think it is silly to assert that he bears any responsibility for the severity of the 2007-2009 recession. But it is very fair to hold him responsible for what’s happened since the recession ended. I’ve cited data from the Minneapolis Federal Reserve on both employment […]
read more...Augmented by some amusing cartoons, I’ve already warned that the hysteria about the fiscal cliff is basically a ploy by the politicians to extract more revenue to finance bigger government. Elaborating on this concern, I wrote a column for today’s New York Daily News. I started with a description of the three issues that are […]
read more...You know your record as President is abysmal when supporters are reduced to touting how much better you’ve done than Herbert Hoover. But that’s where Obama is at, apparently, as historian Robert McElvaine took to the New York Times a few days ago to make exactly that case. Seeking to combat unfavorable comparisons to the […]
read more...In some sense, the President is fortunate. I predicted a long time ago that he would win re-election if the unemployment rate was under 8 percent. Well, the new numbers just came out and the joblessness rate is 7.9 percent. So even though his stimulus failed, and even though his class-warfare tax policy is like […]
read more...From a rational perspective, the logical choice is not voting. After all, the odds of your vote making a difference are infinitesimally small. But that’s if you view voting as an “investment” choice – i.e., you taking time and effort to do X in hopes of getting Y in return. The other view is that […]
read more...You have to give President Obama credit for chutzpah. He pushed through a faux stimulus in his first year and Obamacare in his second year, both of which significantly increased the burden of government spending. In the past two years, he’s basically punted, proposing budgets that are so laughably unserious that they received zero votes […]
read more...I’ve repeatedly expressed my concerns that Romney would be another Bush, expanding the burden of government spending and failing to engage in desperately needed entitlement reform. I’ve even shared some R-rated anti-Romney humor, so folks know I’m not a knee-jerk Republican. But I have to confess that this new global poll is the most persuasive […]
read more...I never thought I’d be quoting Chuck Norris about Obama’s tax policy, but he has a nice rant that includes a collection of the President’s more offensive statements. Sort of akin to the list I put together in this post (which also includes some preposterous statements by Secretary of State Clinton). Here is the key part […]
read more...Obama has repeated once again that he will throw the nation off the fiscal cliff if Republicans don’t capitulate to his demands for class-warfare tax hikes. This is a serious topic worthy of weighty analysis, but I don’t really have anything to add to what I’ve written before – particularly with regard to the threat […]
read more...