Obama Needs to Learn “Opportunity Cost”
President Barack Obama was recently called upon to defend his track record of predictions made while selling his “American Recovery and Reinvestment Act”...
Economics
Obama Under-reports Interest on National Debt
The Congressional Budget Office (CBO) informed Rep. Paul Ryan, ranking Republican member of the House Budget Committee, that President Obama’s budget under-reported (and...
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Summers Speaks at CFR on Economic Policy
President Barack Obama’s director of the National Economic Council, Larry Summers, spoke at the Council on Foreign Relations on June 12. At the...
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Global Tax on Air Travel Proposed
At a United Nations climate meeting in Bonn, Germany, world leaders proposed a levy on long-haul air travel as a way to raise...
Read moreObama Claims Recovery Plan will Create 600,000 Jobs
By some estimates, the U.S. has lost 6 million jobs during the current economic recession began in December 2007. Now, President Obama is...
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Dumping the Dollar for Global Currency
Will the Obama spend-a-rama finish off the dollar as the world's reserve currency? It well may, and sooner than most people think. Any...
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Obama, Healthcare Industry Promise $2 Trillion Savings
President Barack Obama, speaking from the White House's State Dining Room on May 11, hailed the healthcare industry's promise to cut $2 trillion...
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Unemployment Smoke and Mirrors
You know the economy is in the tank when officials hail the loss of 539,000 non-farm jobs in the U.S. economy during the...
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Obama’s Budget: Waste and Giveaways
President Barack Obama revealed new details in his fiscal 2010 budget on May 7, with a statement saying: “We can no longer afford...
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Stop Inflation: Participate in “End the Fed”!
The hundreds of thousands of Americans who attended Tax Day Tea Parties on April 15 may now be asking themselves, "What's next?" After...
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Obama to Strengthen NAFTA Without New Negotiations
Speaking on April 20 in a conference call with reporters after returning from the Summit of the Americas, U.S. Trade Representative Ronald Kirk...
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The Tax Day Tea Parties
On April 15, the deadline for U.S. taxpayers to mail their income tax returns, hundreds of thousands of Americans from coast to coast...
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Creating “Wealth”: The Fed Shows No Reserve
When the Federal Reserve announced on March 19 its latest offensive against the financial crisis — to purchase more than $1 trillion in...
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Obama’s Disastrous Deficits
According to a new report released by the Congressional Budget Office (CBO), the deficits to be generated over the next 10 years by...
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From Riches to Rags: Inflation & Poverty in Zimbabwe
Economists have long used 1920s Germany as the classic example of what can happen to a nation when monetary inflation gets out of...
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