The ongoing budget stalemate threatens to undermine the full faith and credit of the United States of America. Demonstrating to the world that we confront that potential with the determination and maturity of a kindergarten class is not helping inspire confidence.
Job growth may be weak across the nation, but several industries are poised to outperform the rest, according to data release from IBISWorld. Here's the top five from the list.
Tax increases are unacceptable. If there is to be a debt deal, it should focus on pro-growth policies, not anti-growth tax increases.
According to the Wall Street Journal one economist says that the confidence numbers are a good predictor of the election results for incumbent presidents. By that measure Obama’s re-election is far from assured.
Americans have become disenchanted with the economic stagnation; headlines reading “a new low”, has been applied to the economy more than to Congressman Anthony Weiner.
This much is common knowledge: both these automakers, whatever their size and connections and importance, all of which are considerable, richly deserved to fail.
Whatever Americans believe is going on in the economy in August of the election year is what voters will take to the polls with them in November when they vote for President.
If there was a serious pro-growth movement in Washington to accelerate tax-reform overhaul and pin-back regulatory barriers like the NLRB war with Boeing, the EPA war against energy, and the Obamacare threats that are too numerous to count, that just might revive the animal spirits. But what Wednesday's job data told us is that small businesses are barely hiring today, and that brand new startups are few and far between.
“Republicans Get Grilled at Town Hall Meetings Over Budget Plan,” read the headline on a page National Journal, an inside-the-beltway news source that put up with video clips of Republican lawmakers at townhall meetings during the April recess.
The cast might have changed but the plot is the same: A president thinks he can keep spending-and-taxing, running up deficits and adding to the national debt, but escape the inescapable result: rising inflation.