1. Support for the health care overhaul slipped lower in the latest Washington Post-ABC News poll released yesterday -- the same day a federal judge ruled that a key provision of the law was unconstitutional.
Daniel Henninger of the Wall Street Journal wrote a great editorial that defined the battle of the early 21st century inAmerica. He wrote it right after Scott Brown win of Ted Kennedy's Senate seat in Massachusetts which could only be described as unbelievable. Henninger sees a much deeper meaning in that election. He sees the fall of the House of Kennedy. The legacy of the battle between public sector and private sector can be traced according to Henninger to
We have heard a lot about uncertainty and lack of confidence in the last 2 1/2 years. Small companies and their owners have been paralyzed by regime uncertainty regarding future costs of healthcare, regulation and taxes. The discretionary power the federal government has used since the election of Barack Obama is the primary source of regime uncertainty and the cause of the paralysis of capital throughout the economy. It is not a coincidence that big business, those companies with the
The Federal Reserve said Tuesday that consumer credit rose at an annual rate of $3.4 billion in October, the largest increase since a $5.7 billion gain in July 2008. Consumer credit was also up in September. But the strength in both September and October is being heavily influenced as the result of a recently enacted law that makes the government the primary lender to students.
Since Kerry's 2004 Defeat, Democrats Blame All Electoral or Policy Defeats on Language, Messaging and the Frame The Democratic language consultants have mangled the English language to the point where they think that the American people actually believe that we have to pay for tax cuts. Of course, that presumes that the money we all earn belongs to the collective, to the government, and the government decides who gets the money or not. This thinking is diametrically opposed to
“The unemployment rate in the Washington region dropped to 5.8 percent in October from 6.3 percent a year ago, according to federal government data released Tuesday…. The region is seeing an influx of young people taking jobs in the federal government and contracting sector, boosting the economy by spending money in restaurants and retail shops.” (Washington Post) via Washington Unemployment Falls | The Freeman | Ideas On Liberty. Good for my brother and sister who own Melting Pot restaurants in the
“President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy…. The package would cost about $900 billion over the
The Audacity of Economic Ignorance - Investors.com The following excerpt is from an outstanding Investors Business Daily editorial entitled the Audacity of Economic Ignorance. In this short essay IBD obliterates Ohio Democratic Sen. Sherrod Brown's economically illiterate argument ripping into GOP representative Eric Cantor. What was Eric Cantor's offense? According to Brown he defended tax cuts for the rich and since everyone knows that tax cuts for the rich resulted in "very little economic growth." Eric Cantor must be
Unemployment Jumps to 9.8 Percent: The Mess They’ve Made #stocks
“Employers added fewer jobs than forecast in November and the unemployment rate unexpectedly increased…. The jobless rate rose to 9.8 percent, the highest since April, while hours worked and earnings stagnated.” (Bloomberg) Hello, Washington? Is anybody there? Do you see the mess you’ve made? via Unemployment Jumps to 9.8 Percent | The Freeman | Ideas On Liberty.
Watch as open exchange and private property spark an acceleration of wealth and health over the last 200 years on six continents. Visualization of complex stats simplifies and clarifies.
