Senator Patty Murray Is Right…and Completely Wrong…about the 1990s

I wrote about the Ryan budget two days ago, praising it for complying with Mitchell’s Golden Rule and reforming Medicare and Medicaid. But I believe in being honest and nonpartisan, so I also groused that it wasn’t as good as the 2011 and 2012 versions. Now it’s time to give the same neutral and dispassionate [...] . . . → Read More: Senator Patty Murray Is Right…and Completely Wrong…about the 1990s

Halfway to Double-Dip Recession, Obama still Indifferent

Negative fourth quarter GDP has U.S. on track for official double-dip recession by April Fool’s Day. President Obama’s agenda? Anything and everything but economic growth, jobs and allowing Americans to bail themselves out of poverty. To characterize the economic reality of the United States between Obama Inaugurals as a “recovery” has always been Orwellian, despite the technical accuracy of the term beginning with positive GDP | Read More » . . . → Read More: Halfway to Double-Dip Recession, Obama still Indifferent

It’s Time for Republicans to Put a Stake in the Ground and Walk Away

  Treasury Secretary Tim Geithner, another presidential proxy, met with Republicans to put on the table the furthest thing from a serious solution to the impending “fiscal cliff.” This is both sad but unsurprising. Considering that President Obama has sent several budgets to Capital that didn’t garner a single vote from either side of the [...] . . . → Read More: It’s Time for Republicans to Put a Stake in the Ground and Walk Away

Democrats Set to Push Republicans Over the Fiscal Cliff

  In watching the talking heads on the news, as ways to address the fiscal cliff are discussed, it is very clear how irresponsible the Democrats are. When a Republican in interviewed, such as Lindsey Graham, Saxby Chambliss, John McCain, they talk about trying to work something out. What that really means is how they [...] . . . → Read More: Democrats Set to Push Republicans Over the Fiscal Cliff

Democrats Set to Push Republicans Over the Fiscal Cliff

  In watching the talking heads on the news, as ways to address the fiscal cliff are discussed, it is very clear how irresponsible the Democrats are. When a Republican in interviewed, such as Lindsey Graham, Saxby Chambliss, John McCain, they talk about trying to work something out. What that really means is how they [...] . . . → Read More: Democrats Set to Push Republicans Over the Fiscal Cliff

We Should Worry about the Long-Run Burden of Government, not the Fiscal Cliff

I appeared on CNBC yesterday to talk about the “fiscal cliff” and the potential impact on economic performance. You won’t be surprised to learn that I’m mostly concerned with how the issue gets resolved. Yes, there is some temporary uncertainty that is probably making markets skittish, but I’m much more worried about Obama bullying the [...] . . . → Read More: We Should Worry about the Long-Run Burden of Government, not the Fiscal Cliff