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Blog

Obama's Latest Budget Proposal Shows a Weak Grasp on Reality

With another year comes another federal budget season, kicked off by President Obama’s budget proposal. Although his plan was shockingly delivered by the date required by law (for only the second time under Obama), perhaps the president and his team should have taken a few extra days to think it through. The proposal they released today is so shockingly tone-deaf and immune to fiscal realities that it would be comic if we weren’t talking about the actual future solvency of the United States government.

02/02/2015
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Blog

The real State of the Union response was delivered by Rand Paul

Being tasked with a response to the State of the Union address isn't easy. The message, usually given by a fresh face, is carefully crafted to fluff up a party's priorities for the coming months, as well as offer Americans a distinction between their agenda and what the president offered them earlier in the evening.

01/21/2015
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Blog

Barack Obama is in complete denial about the United States' ominous fiscal path

In addition to proposing an onslaught of spending increases and tax hikes in his sixth State of the Union address, President Barack Obama will, according to The New York Times, "effectively declare victory over the economic hard times that dominated his first six years in office and advocate using the nation’s healthier finances to tackle long-deferred issues like education and income inequality."

01/20/2015
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Blog

Barack Obama plans to pay for budget-busting spending increases with growth-stunting tax hikes

President Barack Obama has tipped his hand on how he plans to pay for his budget-busting spending increases. Media reports indicate that he plans to roll out several tax hikes totalling $320 billion in his State of the Union address on Tuesday, including raising the capital gains rate and imposing a tax on big banks' liabilities.

01/20/2015
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Blog

Barack Obama will propose a big spending increase in his next budget

President Barack Obama faces a Republican-controlled Congress that opposes most, if not all, of his legislative agenda. And with just two years left in his presidency, he staring down irrelevance, without many, if any, real legislative accomplishments embraced by the American people. In some way, these sorts of problems can be liberating, but, as he so frequently tells Republicans, there is still an expectation that he live in some sort of a reality.

01/16/2015
How Would Reagan Fit Into The Tea Party?
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Blog

How Would Reagan Fit Into The Tea Party?

Recently, I attended a speech that attempted to lay out a case that Ronald Reagan would not have been a Tea Party President. The speaker, a conservative not terribly familiar with the Tea Party movement, made an interesting case.

12/10/2013
Your Guide to the National Debt (Part 4)
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Blog

Your Guide to the National Debt (Part 4)

“Never complain of that of which it is at all times in your power to rid yourself.” – Adam Smith quoting Greek Stoic philosopher Epictetus, chapter I, section II, and part VII of The Theory of Moral Sentiments, originally published in 1759.The national debt is a tremendous burden on our country, ourselves, and our posterity.

01/24/2013
FreedomWorks Busts Myth Of Debt Ceiling And "Not Paying Our Bills"
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Blog

FreedomWorks Busts Myth Of Debt Ceiling And "Not Paying Our Bills"

The repeated refrain from the likes of Paul Krugman and Jay Carney is that we MUST increase the debt limit so that we don't default on the full faith and credit of the United States, and that we continue to pay our bills. Indeed, on Monday, President Obama chastised Congressional Republicans for making spending cuts mandatory in any debt ceiling negotiation:

01/17/2013
Your Guide to the National Debt (Part 1)
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Blog

Your Guide to the National Debt (Part 1)

If you ask many Americans, the largest long-term crisis facing the country is the national debt. Persistently high unemployment, an uncertain economic recovery, soaring health care costs, and a stuttering public education system are all significant contemporary problems, but the skyrocketing national debt seems to loom as a threat to the stability of the government and country itself. With that in mind, shouldn't more of us have a firm understanding of how the national debt works?

01/04/2013
MarketWatch Says Obama's Spending Binge Never Happened, Keeps Straight Face
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Capitol Comment

MarketWatch Says Obama's Spending Binge Never Happened, Keeps Straight Face

Just when you thought media bias couldn't possibly be more blatant, along comes this article from MarketWatch, a purportedly trusted source of Wall Street news. (Never mind that MarketWatch is operated by CBS, who should change their acronym to Cooing Barack Supporters ... but I digress).This article so blatantly misrepresents the facts that it's difficult to know where to start:By Rex Nutting, MarketWatch

05/23/2012