Unlike each of his three predecessors, President Bush did not raise taxes. George W. Bush, a wartime President, had a smaller federal government and lower taxes relative to the economy than each of his three predecessors, historically small deficits, no tax increases, and 5.3% average unemployment. He vetoed a farm bill and two health bills for spending too much. He proposed structural and incremental reforms to Social
Economist John Taylor - an unabashed critic of the current administration's "ruinous" fiscal policy - discusses Paul Ryan's (R -Wis.) Roadmap to get the country's fiscal house in order. Taylor notes in the post below that Ryan's plan has suddenly become a focal point. And that's good. Ryan is a Republican. He's had a comprehensive plan for months. It will be hard for the President and his supporters to continue to claim that the Republicans have no plans
Why is our government doing things like "investing" - which means "taking money from you and me to subsidize or spend" - in green industries. Of course, our government tells us that it will be good for us. We should be proud that this government ruling over us is investing in green jobs. But all the government is doing is spending money on inefficient technologies thereby bailing out their favored investors in the name of creating the right kind
BERK: In a Wall Street Journal column entitled The President's Animosities: Since when was the American idea us versus them?, Dan Henninger calls out Obama's words and actions as the most hostile to the private sector in his lifetime. This is why the economy and the stock market are so volatile. Economists
