ISIS is “a network, a movement and an organization” that is a geopolitical, economic and humanitarian menace to the world. According to Mr. Haass of the Council on Foreign Relations what is needed to fight ISIS is a multinational Arab and Muslim military force on the ground. Mr. Haass’ hypothetical force would include Jordan, the […]
Terminating “Mindless Austerity”
President Obama’s proposed tax increases would, in his own words, put an end to the “mindless austerity” in federal spending. But as Michael Tanner, senior fellow at the Cato Institute, writes, “There has been no austerity, mindless or otherwise.” Running a miserly 300 pages, the recently released General Explanations of the Administration’s Fiscal Year 2016 […]
Alice in Wonderland Economics
Is there a taxpayer in America who does not think that a large share of America’s taxes go to wasteful, extravagant, or unnecessary programs, asks David Boaz, executive vice president of the Cato Institute. “Federal spending has doubled in the Bush-Obama years. From entitlements to corporate welfare to radically higher military spending to unused NASA […]
Keystone XL—the Sound and the Fury
Is the battle over Keystone XL about creating jobs and spurring on the economy or is it about protecting pristine forests and further preventing carbon pollution? It’s neither, say most experts. Keystone XL will have little effect on climate change, production of the Canadian oil sands, gasoline prices, or the overall job market (a few […]
Fairy Dust for the Middle Class
Other than President Obama, who obsesses over fairness? Children—unrealistic children who are prone to shout out, “that’s not fair.” Mr. Obama would like “free” community college for everyone so that “everyone gets their fair share, everyone does their fair share, and everyone plays by the same set of rules.” But according to one estimate reported […]
Cutting their Losses
One week after announcing a proposal to tax 529 education plans, the White House is dropping the idea because it “has become such a distraction.” Distraction or not, it is only a matter of time before Democrats will have to raise taxes on the middle class to finance all the party’s entitlement schemes. Taxing the […]
Appeler un Chat un Chat, Monsieur Obama
After the horrific attacks on Charlie Hebdo earlier this month, French Prime Minister Manuel Valls identified “radical Islam” as the enemy of France. In an almost surreal attempt not to mix Islamist terrorists with the wide community of Muslims around the world, however, President Obama and his administration went to great lengths to insist that […]
A Pompous Speech from the Throne
During the State of the Union address, President Obama said, “When what you’re doing doesn’t work for 50 years, it’s time to try something new.” In this case, Mr. Obama was referring to the Cuban embargo. Cato Institute’s executive vice president, David Boaz, points out that there are many other programs where Mr. Obama’s sentence […]
“I Won Twice”
In the State of the Union address, President Obama put forth new tax proposals and entitlements he knew would not sit well with Republicans and would put them on the defensive. Hear from Charles Krauthammer how Mr. Obama used Tuesday night to pretend he is still in charge.
Class Warfare Obama Style
Michael Tanner of the Cato Institute recaps last night’s State of the Union address. The things Obama would do: Junk sequester caps that have been largely responsible for reducing our estimated deficit from $1 trillion a year to a more manageable but still sizable $469 billion this year. End the tax deductibility of earnings in […]
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