"It is our generation's task, then, to reignite the true engine of America's economic growth -- a rising, thriving middle class."
South Carolina’s James Clyburn, the third ranking Democrat in the House, appeared overwhelmed with joy. He proclaimed: “So here we are on New Year’s night, with the clock running out on the very existence of this Congress, finally considering bipartisan legislation to provide middle class tax cuts, require the wealthiest to, once again, pay their fair share so we can grow the economy, create jobs and protect the most vulnerable in our society."
When a deal is bad beyond all pretext, the only thing left to do is spin. Democrats, including Senate lackeys and administration lummoxes, spin the Senate version of the Fiscal Crap Sandwich to mean absolute victory over Republicans who have "finally" raised revenue (read "taxes.") Republicans spin that they moved to give even more people a tax break in 2013. Both obscure the reality; President Obama sold out the middle class for the wealthy.
NBC's David Gregory interviewed President Barack Obama on "Meet the Press" Sunday, and a conversation ensued that would have been more fitting for a show called "The President Meets One of His Many Mainstream Media Enablers."
The last year has been a tough one for conservatives. The hope that four years of failed policy would be enough to repudiate the liberal/progressive ideology of the Obama administration ended when the majority of the American public voted to maintain their entitlements -- so long as someone else paid for them.
Washington -- William McGurn, the esteemed Wall Street Journal columnist and soon-to-be editor of the editorial page of the New York Post, has made an interesting observation about the fabulous Bush tax cuts that are about to lapse.
One might have thought the campaign season was over, but in fact a new campaign is beginning. This was made clear with the president's trip to what was billed as a "middle class family home" to talk fiscal cliff and tax policy.
I'm in the camp that believes Republicans have no choice but to agree to raise taxes on the top 2 percent of earners. The party has been successfully caricatured as the servant of the rich. This is unjust, yes, but justice is imperfect in this life.
There's a lot to be said for talking about the Constitution, economic theory and what's best for the country.
Katie Pavlich debates Howard Dean on The Kudlow Report.
Last week, I was exiting my neighborhood Starbucks when I happened to overhear a middle-aged man talking to a younger man who appeared to be his son.
Pavlich explains what new Obamacare taxes will mean for the economy on The Kudlow Report.
We’ve all heard about the “fiscal cliff.” But what does it mean? The media won’t bother to explain it in any detail, and people aren’t looking it up on their own.
The conventional wisdom has emerged that in order to avoid the so-called "fiscal cliff," politicians in Washington must agree to some method of tax increases ("revenue") -- which will be real, even if low taxes are not the cause of our ills -- alongside some kind of promise of spending restraint on entitlement programs, which is our problem, and which no one believes Washington will restrain.
Check out his response to Matt Lauer's question: Would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?
I’m amazed that anyone believes Obama isn’t going to tax the middle class as well. The simple reality is that there aren’t enough rich people to finance big government.
<p>And so it begins, like clockwork.</p><p>After an election defeat of significant proportions for the "truce strategy," GOP elites appear prepared to double-down on kicking out the social issues.
In June, a diffident and self-deluded President Obama claimed that "the private sector is doing fine." Last week, the private sector responded: Speak for yourself, buster.
Joe Biden says that he wants to level the playing field. All's he really done is level the middle class.
During last week's presidential debate, Mitt Romney repeatedly promised to "lower taxes on middle-income families" without reducing "the share paid by high-income individuals." But this combination will prove difficult, if not impossible, for the Republican candidate to deliver given the other elements of his tax reform plan -- especially his illogical definition of "middle-income families."
The worst gaffe a politician can make, it's been said, is not the mistakes he makes on the campaign trail but when he tells the truth. The vice president of the United States, who's a kind of genius at embarrassing himself, did it again the other day when, almost in passing, he mentioned the hallmark of this president's stewardship of the American economy, "the middle class that has been buried these past four years."