5 Years of Obama: The Real Story
Considering the country’s weak economic growth of just 0.1 percent last quarter, it is worth reflecting on the recovery effort that President Obama and his… Read More
Paul Krugman: Selective Data Usage
Paul Krugman, in the words of a former New York Times public editor, “has the disturbing habit of shaping, slicing and selectively citing numbers.” Most… Read More
CBO Again Repeats Faulty Methodology to Estimate Impact of Stimulus
There they go again. The Congressional Budget Office (CBO) just released yet another report on the beneficial impacts on the economy of President Obama’s 2009… Read More
White House Still Defending Failed Stimulus Plan Five Years Later
Five years later, it is obvious that President Obama’s stimulus was a failure. This week marks the fifth anniversary of Obama’s 2009 stimulus plan, a… Read More
How President Obama Is Killing Jobs
Five years on and President Obama still refuses to assume responsibility for his woeful economic record. The buck stops with Republicans, other countries, changes in… Read More
European Central Bank Lowers Interest Rates, Trumping “Zero Lower Bound” Theory
The European Central Bank (ECB) lowered a key interest rate to 0.25 percent on Thursday. This is a big deal, since it demonstrates that the… Read More
Tax Revenue Rose Five Times Faster Than Spending Fell in 2013
The monthly Treasury statement of the actual budget figures for 2013 this week shows tax revenue rising five times faster than spending fell in 2013…. Read More
Farm Bills Would Cost More Than Obama Stimulus
The House and Senate are considering farm bill legislation this week whose costs should raise red flags for all Americans. In fact, the House and… Read More
The Story on November’s Food Stamps “Cuts”
The latest buzz about food stamps is that benefit amounts will be “cut” beginning November 1. But what is this “cut”? Basically, it’s the benefit… Read More
Look Closer: Tax Increases, Not Spending Cuts, Are the Harmful Austerity
Proponents of government spending want to use the recent history of Europe as evidence that spending cuts are harmful, but their arguments lose traction when… Read More
