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
You heard it all over the Democratic Convention 2012 last night. President Obama calling for the hiring of “100,000 new math and science teachers.” He also said, “I don’t believe that firing teachers or kicking students off financial aid will grow the economy, or help us compete with scientist and engineers coming out of China.” … 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
The game of politics. Some wish they could win it; everyone wishes they could understand it. Naturally, the game involves playing. (It is a game, after all.) So, it comes as no surprise when, during this political season, “Fact Checkers” pop up left and right. We laypeople need the plain truth, not the politicized version … Continue reading
President Obama has waffled for too long on Syria. It didn’t want to intervene but it was hesitant to do nothing. The middle ground it chose is bad for Syrians, bad for the region, and bad for American foreign policy. Obama has prioritized good politics above good policy long enough in Syria – he needs … Continue reading
http://www.youtube.com/watch?v=w2i8KZtQRTI&feature=g-upl
That crazy bill our politicians refuse to address. Featuring economic policy experts Joe Minarik and Doug Holtz-Eakin. A video by Peter G. Peterson Foundation Interns Ben Gitis of American Action Forum and Kathryn Tinker of Committee for Economic Development.
In demonizing Bain for outsourcing, President Obama is implicitly criticizing the act of outsourcing itself without the facts to back himself up. Of the 598 American companies on Forbes world’s largest firms list, only 15 percent publically report their foreign employment numbers. While President Obama’s blind attacks on this legal right are clearly groundless, the … Continue reading
Obama’s fundamentally flawed attacks on Bain Capital’s outsourcing history seem both hypocritical and highly ignorant of the global economy considering that major companies present in his own jobs council have been “pioneering” outsourcing themselves. GE, American Express, Intel, and UBS are all present on the President’s Council of Jobs and Competitiveness and all have increased … Continue reading
Remember that debt limit fiasco last summer? Its repercussions still haunt us today. In order to motivate congress to come up with a cohesive debt reduction plan, the law passed to increase the debt limit stipulated that if the “super committee” failed to pass a plan by November 2011, across the board cuts (referred to … Continue reading
The ongoing drama in South Florida surrounding the issuing of a visa to Mariela Castro, daughter of Cuban dictator Raul Castro, may not be on the radar of most Americans, but to overlook its political ramifications in this must-win, critical swing state in an election year would be naive at best. The other day, a … Continue reading
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