Many of those who oppose QE3 do so because they believe the economy doesn't need more stimulus not because the stimulus itself is causing the economic weakness. As a result when the economy deteriorates, support for QE3 could grow.
It's a sad, and dangerous, thing when governments lose sight of Micawber's Rule, first enunciated in Charles Dickens' "David Copperfield" and demonstrated many times over since.
You know you’ve hit the big time when the New York Times does a front page hit piece on you. That’s exactly what happened to Darrell Issa (R-CA) the day before we were scheduled to meet for an interview. While the NYT story contained nothing more than recycled lies and smears, there have been misperceptions about Issa for a long time. In fact, our relationship began that way.
The collapse in sentiment of all kinds continues. Concern over jobs and unemployment are at the top of the list of worries.
Senator Mitch McConnell’s original suggestion for solving the nation’s debt ceiling dilemma outraged many of his fellow conservatives and would, if enacted in its initial form, have probably produced deep disgust in the public at large
I’ve heard all the excuses on television, from hosts to analysts and from executives to stock traders. When I sifted through all the data myself, it seemed to me that the old tale of the Emperor’s New Clothes was more true than ever.
Let’s give this phenomenon further examination from an economic and financial standpoint. Back in the 1980’s, President Ronald Reagan was influenced to believe that if he would only renege just a little on his tax cut pledge, Congress would decrease spending.
A new Rasmussen poll shows that following the Republican debate in New Hampshire, Michele Bachmann catapulted into the number two slot as a prospective nominee behind Mitt Romney.
"There were two clear winners in the Republican debate."
In the clearest sign that the administration's economic policies have failed, the White House announced Monday night that Austan Goolsbee, Obama's economic recovery guru, is leaving the administration for a teaching job the University of Chicago says the LATimes.
While the Obama administration has been busy bailing out irresponsible financial institutions and big business, individual homeowners have been left with little relief, with many forced to file for bankruptcy.
Much has been said about President Obama’s narcissistic tendencies. He clearly demonstrates his thin skin by throwing reporters out of the press pool and censoring others; even going so far as to attack some news organizations and personalities by name.
Confirmed: "Drain the swamp" is Washington-speak for "Let it fester." While House ethics watchdogs dither, it's shady business as usual for ethics scandal-plagued Democratic Rep. Maxine Waters.