Entrepreneurs fret daily over economic uncertainty. Case in point: Even with passage of the lame-duck tax deal, they still don’t know what their tax burden will be two years from now. Approval of that deal lifted what The Wall Street Journal dubs the “world of the temporary tax code” to unprecedented heights. The Journal explains: […]
Businesses are facing increasing uncertainty — temporary tax rates and burdensome regulations are just two of the factors slowing America’s economic recovery. Now even Kris Kringle is voicing concerns. Jolly Old Saint Nicolas is the star of a new video from Bankrupting America, a group that shines the light on policies slowing economic opportunity in […]
Honolulu (AP) – A politically rejuvenated President Barack Obama arrived here late Wednesday for a 10-day family vacation in his home state. Air Force One touched down shortly before midnight local time. The president headed to the rented oceanfront home in Kailua Bay where his wife, Michelle, daughters Malia and Sasha, and dog Bo have […]
For years, people have been laughing at the horrific economic decline of Detroit. Well, guess what? The same thing that happened to Detroit is now happening to dozens of other communities across the United States. From coast to coast there are formerly great manufacturing cities that have turned into rotting, post-industrial war zones. In particular, […]
The Heritage Foundation, in partnership with the Taiwan Foundation for Democracy and Taiwan’s Institute for National Policy Research, are organizing a full day public conference in Taipei on January 10 entitled “Democracy Building in Interesting Times.” The conference, co-hosted by Heritage Foundation President Edwin J. Feulner, is intended to give folks in Asia who are […]
When it comes to the housing market, two things get talked about regularly: the bottom and a recovery. However, these two terms mean very different things and don’t occur at the same time. Some have predicted that we have yet to see a housing bottom, while others say we may have hit the bottom and […]
Posted by Erick Erickson A lot of the media and all of the Democrats seem to forget one simple fact about the Bush tax cuts: they were passed in response to a recession occurring as George W. Bush and Dick Cheney entered office. Moe Lane wrote an excellent post about the impact of the Democrats […]
“You are what your record says you are.” So says Bill Parcells, three-time Super Bowl–winning coach. Professional sports, athletes, coaches, and commentators can spin the numbers with the best of politicians, but in the end you are what your record says you are. The record on the first two years of President Obama’s economic policies […]
The “Bush Era Tax Cuts” are no longer “Tax Cuts.” In 2001 and 2003, the Congress approved a reduction in tax rates to spur the economy. The deal was, they would expire at the end of 2010 unless they were affirmatively extended. Let’s go to the calendar: 2001 was nearly 10 years ago. 2003 was […]
A top economic adviser to the Democratic Party, speaking on deep background, told WMR that the domino-like collapse of the economies of Iceland, Greece, Ireland, and, now, possibly Spain, is coming also to the United States. One of the triggering mechanisms will be at the end of this month when two million idled workers, now […]
