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Keyword: economicpolicy

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  • Biden Economic Strategy: Put America Last

    06/22/2021 4:39:24 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | June 22, 2021 | Stephen Moore
    resident Joe Biden's performance at the meeting with foreign leaders in Britain last week was a disgrace. Biden cut deals with Britain that sold out America's interests, and for doing so, he won the worshipful accolades of the Europeans, the Brits and the Canadians. It's amazing how popular you are at a party when you pay everyone's bills. Except Biden isn't spending his own money, of course. He's spending ours. It would be an understatement to say that the Euroland leaders weren't big fans of former President Donald Trump. Trump went to the G-7 meetings and told his international peers...
  • Why Biden’s COVID Bailout Would Drag Down America’s Economic Recovery

    01/26/2021 9:58:04 AM PST · by Kaslin · 3 replies
    the federalist ^ | January 26, 2021 | Casey B. Mulligan
    Subsidize something — get more of it. Expect the Biden economy to have additional unemployment, increased poverty, and lower incomes for a longer period.resident Biden’s plan for federal coronavirus relief resembles the American Recovery Reinvestment Act (ARRA) signed by President Obama after the 2008 financial crisis. It uses several federal agencies to separately distribute financial assistance to persons unemployed, in poverty, or otherwise with low incomes, on top of the dozens of programs already in place. Predictably, it will result in a disappointing economic recovery as long as it lasts. The plan includes a $100 weekly unemployment bonus, on top...
  • Big Spending Biden

    08/19/2020 4:20:25 AM PDT · by Kaslin · 3 replies
    Townhall.com ^ | August 19, 2020 | John Stossel
    Which presidential candidate will bankrupt America first, Donald Trump or Joe Biden? Last year, we compared the costs of the leading Democratic candidates' promises. At that time, Biden, to his credit, proposed the least new spending. Kamala Harris promised the most. She wanted to add $4.2 trillion to America's debt. Her lavish promises didn't win her supporters; she dropped out soon after. But now she's Biden's running mate, and Biden promises to spend more. That's unusual. Historically, Democrats moved left during the primaries, and then back toward the center once nominated. Not this time. Biden's people met with Bernie Sanders'...
  • Despite Mainstream Media Claims: No Doom and Gloom Behind Low Interest Rates

    06/11/2019 4:29:48 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | June 11, 2019 | Ken Blackwell
    The stock market is rebounding on the news that the Federal Reserve is considering an interest rate decrease, but some commentators are spinning this as a sign of economic calamity.“We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our symmetric 2 percent objective,” Federal Reserve Chairman Jerome Powell said Tuesday.Experts widely interpreted this as an indication that the Fed may soon implement a rate cut after raising rates steadily over the entire course of Donald...
  • It's More Than the Economy

    06/06/2019 6:09:24 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | June 6, 2019 | Scott Rasmussen
    For more than a generation, James Carville's campaign maxim, "It's the economy, stupid," has been held up as an essential truth of American politics. There's no denying that a strong economy is an incumbent president's best friend. Seventy-three percent of voters currently rate the economy as a very important issue. As a result, if the economy remains strong for another 1 1/2 years, many analysts believe President Donald Trump will be favored to win reelection. On the other hand, if a recession hits next year, we will almost certainly have a new president in 2021. However, recent data about the...
  • Three Deplorables Went to Davos…

    01/27/2018 10:09:39 PM PST · by bitt · 11 replies
    CONSERVATIVE TREEHOUSE ^ | 1/27/2018 | SUNDANCE
    In September of 2015 we shared one of the overarching reasons why CTH would support Donald Trump for President. – SEE HERE – This week, the sentiment behind that reasoning showed up in Davos, Switzerland for the World Economic Forum; we could not be more proud. Commerce Secretary Wilbur Ross (Wednesday), Treasury Secretary Steven Mnuchin (Thursday) and U.S. President Donald Trump (Friday), collectively outlined how our new U.S. trade and economic policy would engage with the world. Many media voices (narrative engineers) will, and have, continue to obfuscate, spin, and make predictive declarations about U.S. economic policies based on their...
  • A New Twist on Teaching Economics

    06/21/2017 7:14:49 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | June 21, 2017 | Walter E. Williams
    Greg Caskey is a 27-year-old Abington, Pennsylvania, native who is a social sciences teacher at Delaware Military Academy. The academy is a thriving charter high school in Wilmington, Delaware, that was founded in 2003 by two retired military officers, Charles Baldwin and Jack Wintermantel. Students from all socio-economic backgrounds attend the school, which is doing a stellar job of teaching reading, writing and arithmetic and, just as importantly, moral character and self-discipline. Mr. Caskey is one of the school's standout teachers. He has developed an innovative way of teaching the principles of economics to the school's students -- a curriculum...
  • Chomsky's Venezuela Lesson

    05/31/2017 5:45:47 AM PDT · by Kaslin · 28 replies
    Townhall.com ^ | May 31, 2017 | John Stossel
    Venezuela descends into chaos. Its people, once the wealthiest in Latin America, starve. Even The New York Times runs headlines like "Dying Infants and No Medicine." My Venezuelan-born friend Kenny says his relatives are speaking differently. Cousins who once answered "Fine" or "Good" when asked, "How are you?" now say, "We're eating." Eating is a big deal in the country that's given birth to jokes about a "Venezuelan diet." A survey by three universities found 75 percent of Venezuelans lost an average 19 pounds this year. So are American celebrities who championed Venezuela's "people's revolution" embarrassed? Will they admit they...
  • Hillary Clinton's Economics: Suddenly It's 1947

    07/17/2015 5:09:12 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | July 17, 2015 | Michael Barone
    Like it or not, Hillary Clinton is the single individual most likely to be elected the next president. So it's worthwhile looking closely at and behind her words when she deigns to speak on public policy, as she did in her July 14 speech on economics. It contained quite a bit of chaff as well as some wheat. There were laments about the nation's current economic woes, without mention that they come in the seventh year of a Democratic administration; a few policies first advocated by Republicans (Jack Kemp's enterprise zones); and proposals that she admits are "time-tested and more...
  • Defining Hillary Clinton

    07/16/2015 6:29:02 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | July 16, 2015 | Cal Thomas
    When I listen to Hillary Clinton speak, as she did Monday at The New School in New York, outlining her "economic policy" should she become president, my first reaction was not to her lack of substance and the predictability of her party line about taxing the rich more and "income inequality," but to how boring she is. I love definitions. They help focus the mind. But not everyone defines a word the same way. Dictionary.com defines "bore" in several ways, all of which fit Hillary Clinton. As a verb used with an object, it says, "to weary by dullness, tedious...
  • Denis McDonough on Adm's domestic, foreign policy priorities ["trust funds,"tax rate,prisoners]

    01/26/2015 2:57:03 AM PST · by Cincinatus' Wife · 2 replies
    Fox News Sunday ^ | January 25, 2015 | transcript
    ...WALLACE:The White House has made it clear that it flatly opposes paying ransom..now,ISIS is making a new demand,offering a swap of the Japanese hostage for a terrorist being held in Jordan.Is that something to be considered?MCDONOUGH:You know,our policies are pretty well set..We don't get into negotiation with terrorists.We don't pay ransom..we're not going to do that.WALLACE:And a prisoner swap?MCDONOUGH:We're not going to do that.WALLACE:And you would advise the Japanese not to do that......WALLACE:..the president wants to pay for free community college,for increased child care tax credits by raising taxes on the wealthy,$210 billion over 10 years......WALLACE:..during the Obama years,the top...
  • France says Brussels ‘cannot dictate’ economic policy

    05/30/2013 2:18:44 AM PDT · by Olog-hai · 2 replies
    EU Observer ^ | 30.05.13 @ 09:29 | Andrew Rettman
    France’s President and Prime Minister have said Brussels has no right to tell them which economic reforms to make. Speaking to AFP on a visit to Rodez, in southern France, on Wednesday (29 May), President François Hollande said: “The European Commission cannot dictate to us what we have to do. It can simply say that France has to balance its public accounts, which is true.” … His Prime Minister, Jean-Marc Ayrault, was equally defiant at a meeting in Matignon, in northeast France, with former German leader Helmut Schmidt the same day. He said: “We will carry out reforms in our...
  • A Minority View: Higher Minimum Wage

    02/27/2013 9:40:23 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | February 27, 2013 | Walter E. Williams
    In his State of the Union address, President Barack Obama proposed raising the minimum wage from $7.25 an hour to $9 an hour. That would be almost a 25 percent increase. Let's look at the president's proposal, but before doing so, let's ask some other economic questions. Are people responsive to changes in price? For example, if the price of cars rose by 25 percent, would people purchase as many cars? Supposing housing prices rose by 25 percent, what would happen to sales? Those are big-ticket items, but what about smaller-priced items? If a supermarket raised its prices by...
  • Just What Was Fundamentally Wrong with Bolshevism?

    11/29/2012 5:29:21 AM PST · by SJackson · 53 replies
    Frontpagemagazine ^ | November 29, 2012 | Steven Plaut
    I recently read the new biography of Trotsky by Oxford don Robert Service, published in 2009 by Pan Books. It is well-written and surprisingly interesting. The book does a great public service in describing the life of the actual Trotsky, whose previous “biographies” were little more than hagiographies written by his toady worshippers (people like Isaac Deutscher). The last time that I had taken any interest in Trotsky was when I was a teenager and had fleeting delusions of believing in “socialism.” Reading the new book as an adult and as an economist, I found it a useful opportunity to...
  • EDITORIAL: A land less free

    01/11/2013 5:52:31 PM PST · by jazusamo · 4 replies
    The Washington Times ^ | January 11, 2013 | Editorial
    America continues to lose ground in economic libertyThe United States is no longer a beacon of freedom to the world. Countries once looked to America for inspiration on how to escape poverty and embrace prosperity, but now they can find better examples to follow. The Heritage Foundation on Thursday noted our fifth consecutive decline in its annual Index of Economic Freedom. It’s a sad day when countries such as Chile and Mauritius can outdo the red-white-and-blue when it comes to opportunity. U.S. economic policy has broken faith with the Founding Fathers, who preached the value of property rights, sound money...
  • Obama Economy “Is Still In A Giant Hole

    10/31/2012 10:37:26 AM PDT · by Kaslin · 3 replies
    Townhall.com ^ | October 31, 2012 | Donald Lambro
    WASHINGTON - The bleak truth about the comatose Obama economy is not just that it's barely breathing, but that it's still not far from another recession. President Obama's campaign bid for another four years is loosely based on the preposterous claim the economy is "moving forward." In fact, it's been falling backward or at least treading water on a number of fronts, and economic forecasters say it will weaken further under his policies, if he is re-elected. Economists predict yet another weak jobs figure Friday that may push the unemployment rate up a bit, reminding undecided voters and even jittery...
  • Despite Convention Distractions, It's Still All About the Economy

    09/07/2012 12:52:46 PM PDT · by Kaslin · 3 replies
    Townhall.com ^ | September 7, 2012 | Scott Rasmussen
    Mercifully, the political conventions have ended. The political press will keep buzzing over whether Clint Eastwood's unconventional speech helped or hurt Mitt Romney and whether the snafu over Israel and God in the Democratic platform will do any lasting damage to President Obama. Republican reporters will think former President Clinton talked too long, and Democrats will note that New Jersey Gov. Chris Christie talked more about himself than about Romney. But they are missing the point. The campaign is about what's happening in America, not what the politicians are saying. At the beginning of 2012, it was easy to note...
  • My Speech Delivered at the New York Federal Reserve Bank

    04/30/2012 2:53:27 PM PDT · by PuzzledInTX · 14 replies
    Economic Policy Journal ^ | April 25, 2012 | Robert Wenzel
    [SNIP]... Intellectual discourse is, of course, extraordinarily valuable in reaching truth. In this sense, I welcome the opportunity to discuss my views on the economy and monetary policy and how they may differ with those of you here at the Fed. That said, I suspect my views are so different from those of you here today that my comments will be a complete failure in convincing you to do what I believe should be done, which is to close down the entire Federal Reserve System. My views, I suspect, differ from beginning to end... [SNIP]... I stand here confused as...
  • Lessons from the Shale Revolution

    02/23/2012 11:04:02 PM PST · by neverdem · 16 replies
    The American ^ | February 22, 2012 | Ted Nordhaus and Michael Shellenberger
    A closer look at the shale gas story challenges both conservative and liberal policy preferences and points to much-needed reforms for today's mash of state and federal clean energy subsidies and mandates. In his State of the Union address, President Obama invoked the 30-year history of federal support for new shale gas drilling technologies to defend his present day investments in green energy. Obama stressed the value of shale gas—which will create thousands of jobs and billions in profits—as part of his "all of the above" approach to energy, and defended the critical role government investment has always played in...
  • Obama‘s SOTU Outlined Ideas ’Based on the Very Model That Is Causing the EU to Implode’

    01/31/2012 12:30:22 AM PST · by jda · 4 replies
    The Blaze ^ | 30 Janaury 2012 | Christopher Santarelli
    {snip} Janet Daley wrote a blistering column for The Daily Telegraph over the weekend entitled “Barack Obama is trying to make the US a more socialist state.” In the piece, Daley writes that the days of the world looking to the United States for leadership are over: {snip} Listening to the President’s State of the Union message last week was like a surreal visit to our own recent past: there were, almost word for word, all those interminable Gordon Brown Budgets that preached ‘fairness’ while listing endless new ways in which central government would intervene in every form of economic...