The U.S. stock market has nose-dived. Congress just approved the highest debt ceiling in American history, allowing the government to carry over $16 trillion in national debt -- prompting the credit-rating agency Standard & Poor's to downgrade America's multitrillion-dollar debt for the first time in 70 years.
One of the biggest factors behind whether companies hire or not is regulation. It's expensive to run a business, and if government agencies are saddling you with more and more expensive rules, you're simply not going to have as much money left over to hire additional employees.
A big week for the unions, with racketeering charges coming for the SEIU. We heard from Illinios Roy, who I think is really just Transport Secretary Ray Lahood in disguise. Plus what week wouldn't be complete without someone comparing Republicans to Hitler?
Albus Dumbledore advised Harry Potter that “Dark and difficult times lie ahead. Soon we must all face the choice between what is right and what is easy.” As the final installment of the Harry Potter series comes to a close, it becomes clear that Harry was equal to that challenge, and that, despite great personal cost and effort, Harry consistently chose “right” over “easy”.
With the country mired in debt ($14.3 trillion and counting), entitlement programs such as Medicare and Social Security running out of money and unemployment seemingly stuck above 9 percent, some wonder if it’s twilight time for the United States.
An old joke says the IRS will tax even your patience. Don’t say it out loud in Washington this summer. It might give new ideas to Treasury Secretary Timothy Geithner.
"Shovel-ready was not as ... uh ... shovel-ready as we expected," Barack Obama joked the other day at a meeting of his Council on Jobs and Competitiveness.
Obama has been making "gutsy calls" all over the place! In full campaign mode, he's been deploying his administrative agencies to do favors for his big contributors, to the detriment of ordinary Americans.
A March mixture of comments about items in the news....
If President Obama runs his re-election campaign on the issues he discussed in his State of the Union Address, the outcome is not likely to be good for Democrats.
Obama deserves some credit for his recent interest in innovation and the creative abilities of American entrepreneurs. Now, if only Team Obama would change their tune and review the many White House initiatives and policies that are killing innovation and punishing entrepreneurs.
Under the radar this past week was President Barack Obama's executive order for a review of government regulations in hope of showing that bigger government isn't bad news for economic growth and business.
There remains a looming disaster that should have been addressed by the president and congressional Democrats if they truly cared about the real crisis in health care in America.
This week, President Obama and the last-gasp Democratic Congress parlayed on whether to allow Americans to keep their own money (no), considered whether to pay unemployed people with the money of those who have jobs (yes), and proposed a new budget topping $1.1 trillion.