The President has issued an ultimatum that more tax revenue must be part of budget negotiations. Indeed, he endlessly repeats his desire for a “balanced approach,” implying that as much as 50 percent of the deficit reduction in any agreement should come from higher revenues. Because I am a thoughtful, middle-of-the-road, pragmatic guy, I’m willing […]

Obama waved the bloody flag of class warfare in his press conference this past week, though it’s not clear whether he was effective since he went out of his way to attack a provision for corporate jets that was part of his failed stimulus bill. In any event, Senator Marco Rubio of Florida was not […]

Those who had the misfortune of seeing President Obama go after “tax breaks for corporate jets” as part of his press conference may be wondering why he was attacking a provision that was in his so-called stimulus and enacted by a Democratic-controlled Congress in 2009. But that’s just routine politics. The folks in the White […]

After reading a story about economic liberalization in Cuba, I wondered (somewhat tongue in cheek) whether we should trade Obama for Castro. I also blogged about the former socialist president of Brazil, who seemed to have more sense than Obama because he recognized that you can’t redistribute unless people first produce. We now have another […]

I’ve explained before that one of the most damning pieces of evidence against Obamanomics is that the economy is suffering from sub-par growth, something that is particularly damning since normally one expects to see faster-than-average growth following an economic downturn. In a recent presentation, Robert Lucas of the University of Chicago included a couple of […]

The libertarian position is that government should be totally neutral whenever there is a conflict between labor and management. Unfortunately, politicians usually tilt the playing field in favor of unions, largely in response to big campaign contributions. This issue has been in the news because of the Obama Administration’s thuggish move to block Boeing from […]

In a column about the revolving door between big government and the lobbying world, here’s what the irreplaceable Tim Carney wrote about the waiver process for folks trying to escape the burden of government-run healthcare. Congress imposes mandates on other entities, but gives bureaucrats the power to waive those mandates. To get such a waiver, […]

Here’s some completely depressing news. CNBC is reporting that President Obama is putting American taxpayers on the chopping block to bail out Greece’s corrupt politicians. But, to show he doesn’t discriminate, he also encouraged the German Chancellor to rape her nation’s taxpayers for the same purpose. President Barack Obama on Tuesday…pledged U.S. support to help […]

Based on this morning’s numbers, I’ve updated my chart showing what the Obama Administration said would happen with the so-called stimulus compared to what actually has happened. As you can see, the unemployment rate is about 2.5 percentage points higher than the White House claimed it would be at this point. Since I just did […]

In the past, I’ve joked about “limousine liberals,” which is a phrase for elitist left wingers who pretend to identify with average people while living the good life. I’ve even mocked these folks on TV. But I always thought the term was symbolic. Not anymore. Here’s a segment of a news report, based on a […]