The Conservative Case for Trade Promotion Authority
By almost every standard, America’s economic recovery following the 2008 recession has been disappointing. In fact, the Commerce Department just released revised estimates showing negative growth in the first quarter of this year. Under President Obama’s leadership, Washington has …
The Left’s Middle-Class Problem
Hillary Clinton isn’t saying much of substance at the moment, but we already have a pretty good idea of the domestic agenda on which she will run next year. In January, the Center for American Progress (CAP), the premier …
The U.S. Recovery Is Finally Strengthening. Who Deserves the Credit?
The improving U.S. economy will make absolutely no one forget the Long Boom of the Reagan-Clinton-Gingrich years. Wage growth is stagnant, and too few Americans are working. As Paul Ryan, the new chairman of the House Ways and Means …
Economy Pundits: Who You Gonna Believe, Me or Your Own Eyes?
Liberals, and Keynesian conservatives, are facing a tough intellectual challenge: Why do the American people — who, we can all agree, are otherwise perfectly delightful — persist in their stubborn belief that the U.S. economy stinks, when all experts …
With Worsening Messes at Home and Abroad, Obama Brags of ‘Year of Action’
On the White House home page right now:
Had you noticed we were enjoying a “Year of Action”? Are you enjoying it?
On Saturday President Obama enjoyed his 11th golf outing of the year before heading off to the White …
In a Booming Economy, People Could More Easily Shift to Part-Time Work
From the Thursday edition of the Morning Jolt:
A Rising Tide Lifts All Boats, and Alleviates a Lot of Other Problems
The editors of the New York Times yesterday: “The Congressional Budget Office estimated on Tuesday that the Affordable Care …
Suddenly Every Pundit Wants to Be a Revolutionary.
From the Tuesday edition of the Morning Jolt:
Pundits, Columnists Run to the Barricades to Begin New Revolution
I see our nation’s political scribes are in a revolutionary mood.
Could an “Arab Spring” type of upheaval be …
Washington Suddenly Notices the Economy Still Stinks for Most People
President Obama pivots to the economy#…#arguably for the second time this month. The RNC collected these “pivots” for a while, until they became as numerous as his statement expiration dates.
Sure, the unemployment rate is down to 7.6 percent, after …
Fluff Stories Conveniently Distract from the Government Failures Around Us
From today’s Morning Jolt…
Forget the Rest of the World; President Personally Calls Some Athlete You Never Heard Of Before
Hey, remember North Korea? They’re detaining a U.S. citizen.
Unless the Syrian rebels figured out some way to …
How Can D.C. Make New Employees More Cost-Effective?
Earlier this week we discussed the ugly truth about our economic doldrums: that companies aren’t hiring because they don’t think that the additional revenue that they can generate from a new hire is enough to cover the cost …
Facing a Global Debt Crisis
The decline in the GDP of the United States in the first quarter of this year has been officially treated as almost as much a ho-hum as the fall of Ramadi to ISIS, but at least the Federal Reserve is …
‘The Game Is Rigged,’ but Not the Way Elizabeth Warren Thinks
“The game is rigged,” declared Elizabeth Warren, the Harvard University Law School professor who claimed Native American ancestry and minority status in professional directories.
Yes, she’s right that the game is rigged, but she’s off-base in her assessment of …
90 Percent or Bust: The Left’s Strange Eagerness to Raise Top Tax Rates
The top income-tax rate is back to where it was during the Clinton years, thanks to the Obamacrats letting the high-end Bush II cuts expire. But don’t think for a second that the left wouldn’t love to take tax rates …
Why Americans Want Politicans to Push Around Their Employers
There’s a thread that ties the Democrats’ arguments on the employer-covered contraceptive coverage mandate and their push to raise the minimum wage to $10.10 per hour: We’re going to make your employer give you something you want.
People rarely …
CFO Survey: We’re Passing on Obamacare Costs to Staff, Customers
The multinational consulting firm Deloitte surveyed 109 North American chief financial officers of major companies from February 7 through 21. Besides a drop in optimism about the economy, the CFOs’ thoughts on health care, and changes from Obamacare/the Affordable Care Act, are …
‘The number of jobs in the economy still is about 1.2 million lower than December 2007.’
This point, from the Washington Post’s Fact-Checker column, seems rather important:
Obama: “The more than eight million new jobs our businesses have created over the past four years.”
The president is cherry-picking a number that puts the improvement in the …
Stocks Booming! . . . In Same Old Lousy Economy We’ve Had for Past Five Years
From the midweek edition of the Morning Jolt#…#
Stocks Booming!#…#In Same Old Lousy Economy We’ve Had for Past Five Years
Great news! The Dow Jones Industrial Average and S&P 500 hit record highs Wednesday!
What’s behind the …
Modern America and the Sense that Rules Are for Suckers
Folks on the right will find a lot to chew over and a lot to object to in this essay from George Packer in the Guardian (excerpted from his new book), but there’s probably a lot of truth to this …
The final Morning Jolt of the week offers a look at what Republicans can learn from Rand Paul, the comedic horror that is our half-baked “Dudes” idea, and then this reflection of a troubled economy:
One of the …