Category: "Economics & Tax Policy"

Economic data continues to disappoint

On Wednesday morning, the private payrolls firm ADP reported its monthly estimate of private sector employment conditions. The report, for April, came in with a gain of 119,000 jobs, far below the Bloomberg consensus estimate of 183,000 jobs. The prior… more »

Paul Ryan on polls, taxes, and America's future

This morning, in an interview on CNBC, House Budget Committee Chairman Paul Ryan (R-WI) was told by CNBC anchor that a recent poll shows Mitt Romney trailing Barack Obama among Catholics. Without hesitation, Ryan said "Leaders change polls. We don't fo… more »

Economic Ignorance and the Buffett Rule

On Monday, the United States Senate voted on S.2230, the Orwellian-of-title "Paying a Fair Share Act of 2012." (More precisely, senators voted on whether to invoke cloture and end debate on the measure.) Based on the so-called "Buffett Rule," the bill,… more »

AmSpec Interview of Thomas Sowell

For today's reading, I offer you David Hoberg's interview of one of America's greatest living thinkers, Thomas Sowell: more »

Ryan and Christie at Bush Conference

Congressman and House Budget Committee Chairman Paul Ryan (R-WI) is getting better, smoother, more confident, every time he gives a speech. His remarks on Tuesday at the George W Bush library make me think that he'll be one of Mitt Romney's first calls… more »

March Jobs Report

This morning, despite the stock market being closed, the Bureau of Labor Statistics released the jobs report for March. The average in surveys of economists was for a gain of about 209,000 non-farm jobs, but the actual report came in at 120,000 jobs… more »

Judge Throws Out Colorado's "Amazon Tax"

In 2010, one of a package of "dirty dozen" tax increases in Colorado rammed through the state legislature by Democrats and signed by then-governor Bill Ritter (yet another fake "moderate") was a tax designed to make online retailers either collect sales… more »

Pity the Liberal Mugger

The Paul Ryan/House Budget Committee "Path to Prosperity" FY 2013 Budget Resolution has inspired the usual wailing and gnashing of teeth among the leftist intelligentsia. Jonathan Cohn, writing in for The New Republic, says that the Ryan plan "would… more »

Now That's Leadership!

In the first moments of reading House Budget Committee's Fiscal Year 2013 Budget Resolution, entitled "The Path to Prosperity" (and subtitled "A Blueprint for American Renewal"), you realize that this is no business-as-usual document. The first page of… more »

Obama's food stamp fetish

The food stamp program, part of the Department of Agriculture, is pleased to be distributing the greatest amount of food stamps ever. Meanwhile, the Park Service, also part of the Department of Agriculture, asks us to "Please Do Not Feed the Animals"… more »
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