Every American voter is approaching a critical decision. Of the two presidential candidates before us, who is best suited to lead our nation through the next four years?
The answer to that question is a simple test: can they ignite economic growth? The economic crisis we face is our greatest threat, affecting every American. For investors – and today over half of Americans are investors in some form – this issue is particularly pressing as it impacts not just their financial situation today, but also their retirement and other long-term goals. Economic growth is the only ingredient that will help pull the country out of its present funk and allow us to solve our pressing issues. Continue reading
by Peter Morici
This election should be about the economy — the recovery is too slow and Americans are hurting. The performances of President Obama and Vice President Biden in the debates on the campaign trail tell us why. Both say endlessly that they inherited a huge mess, but Americans have seen challenges like these before — and with better leaders, they licked those more quickly.
When Mr. Obama took office, financial markets were in turmoil. Unemployment peaked at 10% in October 2009. Continue reading
As the dust of Thursday’s vice presidential debate settles, one of the storylines is Joe Biden’s bold statement that the administration was not told that officials in Libya requested more security before an attack that led to the death of several Americans, including our ambassador. The fact-checkers have found that to be patently false. And now, even the mainstream media is predicting it could be a problem. Continue reading
The State Department has released a transcript of a briefing that two high-ranking State Department officials gave to a number of reporters via conference call on Tuesday, October 9, 2012 — the night before the Congressional hearings on the Benghazi cover-up.
While it is impossible to know exactly what motivated the conference call, it may be part of the deepening and escalating conflict between President Barack Obama and Vice President Joe Biden and Secretary of State Hillary Clinton. From day one, Obama and Biden have tried to avoid political responsibility for the attack on the American consulate that resulted in the death of four American diplomats. Obama lied from the first moment he opened his mouth about the attack. Initially, Clinton was cooperative in the lies. Continue reading
During the debate, Vice President made history by surpassing Al Gore for bad, boorish, and rude behavior. He laughed uncontrollably, signed, groaned, and laughed some more and engaged in generally childish antics throughout the debate. Biden’s rude and unprofessional behavior overshadowed the substance of what he said.
But as bizarre and unbalanced as his behavior was during the debate, the substance of what he actually said was perhaps the most troubling. Here are a short list of several of the most obviously false things that Biden said:
1. Afghanistan and Iraq: Biden accused Rep. Paul Ryan of putting two wars on the “credit card” and then bragged that he voted against both of them because he understood America could not afford them. “I was there, I voted against them,” Biden said. “I said, no, we can’t afford that.” But the truth is Sen. Biden voted for the Afghanistan resolution on Sept. 14, 2001 the Iraq resolution on October 11, 2002. It takes some brass to tell whoppers like this one! Continue reading
Lack of Desire, Knowledge and Confidence
by Scott L. Vanatter
Why was Obama just not that into it (the debate)? Three possible reasons include a lack of desire, a lack of knowledge of basic economic principles, and being intimidated by Romney’s real world expertise.
Obama sounded so disjointed in the first debate that mainstream media supporters such as Chris Matthews and Andrew Sullivan nearly had an emotional breakdown on camera and online. They are only two who wondered aloud why Obama seemed so incoherent. Obama’s bizarre manner that night almost resembled the infamous beauty pageant contestant of a few years ago or the reporter who had a mini-stroke on camera, so rambling were some of his answers. Surely in the next debate, Obama will up his game. At least he will appear to want to debate. Continue reading
Post Debate Analysis: Biden was smug, arrogant, condescending, over-bearing and over-aggressive. I’ve never seen a debate where one person was so disrespectful and even contemptuous of his counterpart. He surpassed Al Gore’s famous boorish debate behavior. He is in danger of undercutting himself. That may play well for his base who were depressed after Obama’s almost comatose debate last week. But independents and women will find the rudeness and condescending smirking and laughing annoying. Even at the end when Ryan was thanking the moderator, the audience and Joe Biden for a good debate, Biden was smirking and mugging. That will come back to hurt him. And it shows the true political character of Joe Biden — a pretentious, smirking, condescending lightweight. Continue reading
by Samuel P. Jacobs
In 2008, singer will.i.am provided Barack Obama’s presidential campaign with music for its signature anthem, “Yes We Can.” On Tuesday, at a rally for Obama in Columbus, Ohio, the performer chose to play something new: the theme song for “Sesame Street.”
For Obama’s supporters, already dismayed by the president’s halting performance in last week’s debate with Republican Mitt Romney, that change in tune is a new source for concern as they fret that a children’s TV show has become a new backdrop for their candidate’s campaign. Continue reading
On Columbus Day, Mitt Romney went to the Virginia Military Institute to outline a starkly different foreign policy vision from President Obama’s approach of apologizing for America, ignoring Islamism, mistreating our allies and embracing our enemies.
It came none too soon. The Syrian war has spilled across the border of a NATO ally and there are new indications the rebellion is drifting toward the influence of radical jihadists.
In our own hemisphere, the anti-US strongman with whom Obama shared a brother handshake in public, Hugo Chavez, just claimed a new mandate to advance his anti-American cause. Continue reading
Obama still doesn’t get it. He’s been president for four years and paid little attention to economic recovery or jobs. Now that there is four weeks left in the election, he’s promising us that Big Bird will continue to get taxpayer subsidies. Really? Seriously? This is silly even for a high school student body election! But for a sitting president?
Last night, the Obama campaign blasted out another email claiming that Mitt Romney’s tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. “Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes,” said the Obama campaign press release. “In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000.”
But that’s not true. Continue reading
The Obama campaign claims that a Princeton economist’s findings support its assertions about Mitt Romney’s tax plan, but the economist says that’s not exactly true.
The Obama campaign wrote in a press release on Sunday, “Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000.”
But Princeton economist Harvey Rosen’s paper analyzing Romney’s tax plan didn’t exactly look at families making between $100,000 and $200,000. Continue reading
by John McCormack
A study by the Tax Policy Center, a project of the center-left Brookings Institution and Urban Institute, claims that Mitt Romney’s tax plan is mathematically impossible.
TPC claims that Romney cannot cut tax rates by 20 percent across the board and maintain revenue neutrality without raising the net tax burden on the middle class. According to TPC, in the year 2015 under Romney’s tax plan, “maintaining revenue neutrality mathematically necessitates a shift in the tax burden of at least $86 billion away from high-income taxpayers onto lower- and middle-income taxpayers. This is true even under the assumption that the maximum amount of revenue possible is obtained from cutting tax expenditures for high-income households.” Continue reading
by Brit Hume
What I would say about this is that this idea that Romney won the debate because Obama basically didn’t show up, I don’t buy that.
The Barack Obama, I heard on that debate stage was the Barack Obama I have been listening to now for four years.
He sounded very much like himself. I don’t think he was terribly bad. Continue reading
Bill Clinton, President Barack Obama, and liberal think tanks have claimed Mitt Romney’s plan to cut tax rates across the board by 20 percent is bad arithmetic, but a Princeton economics professor, Harvey Rosen, examined Romney’s proposals in a paper and concluded Romney’s plan would work. The economy would have to grow by 3 percentage points more over the term of his plan than it would have without his plan. Continue reading