As the 2012 election draws to a close, the painfully inevitable process of media endorsements has brought the Romney and Obamaphiles out of the woodwork, like Kurt Gibson, hobbling to the plate in hopes that one lucky swing can sway some votes. Generally conservative endorsements of Mitt Romney incorporate criticism of President Obama for being … Continue reading
Much has been made during the Presidential Campaign of income inequality and the undue influence of the so-called 1%. The quantifiable facts on income inequality are stunning, and it’s true that this reality can and will have a serious impact on both the American economy and social structure. Between 1979 and 2007, real household income … Continue reading
One of the most contentious points in the two presidential debates, and really the focal point of this campaign, has been Mitt Romney’s tax proposal. Governor Romney’s proposal, a summary of which you can read here, is essentially to reduce income taxes for all Americans by 20%, eliminate interest, dividends, and capital gains taxes for … Continue reading
Attributed to Mitt Romney, this is a common attack by Democrats – Mitt Romney said “let Detroit go bankrupt.” It was repeated last night by Vice President Biden who portrays Barack Obama as the valiant defender of the auto industry and the millions of jobs that go along with it. But, as with much that … Continue reading
Mitt Romney – a 21st century Thurston Howell; a Wall Street shill; the man who invented the silver spoon. This is the narrative that democrats have tried to create concerning the republican presidential nominee. And yet during the first debate on Wednesday, Romney sounded a populist tone as it relates to Wall Street and big … Continue reading
In the spring of 2011, a newly-elected Republican Congress claimed a mandate from the American people to cut spending at any cost. Twice – in February and April – Congress came within hours of a government shutdown before short-term spending measures (Continuing Resolutions) were passed, cutting spending in each case. As spring moved to summer, … Continue reading
The period between March 1991 and March 2001 was the longest continuous expansion in U.S. economic history, according to the National Bureau of Economic Research. But the sunset of this period, with the bursting of the Dot Com bubble and the attacks on 9/11, marked the beginning of a two-year recession. In response, the Bush … Continue reading
Watching the Democratic National Convention, I’ve been struck by one overarching thought: whatever you believe about the issues discussed, many of them are not things that should be said out loud, at least if you’re trying to attract votes. It’s obvious that the Democratic Party has taken this opportunity to speak to their base. The … Continue reading
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