June 30, 2011 JEF “You cannot get the water to clear up until you get the pigs out of the creek.” *If any other of our presidents had doubled the national debt, which had taken more than two centuries to accumulate, in one year, would you have approved?* *If any other of our presidents had [...]

Tax receipts are low because of the mediocre economic recovery. June 30, 2011 WSJ President Obama was right about his audacity, if not always the hope. Six months after he agreed to a bipartisan extension of current tax rates, he is now insisting on tax increases as part of the debt-ceiling talks. At his press [...]

Mitt Romney has adapted her ‘Labour Isn’t Working’ slogan, but would he emulate her steely leadership? June 30, 2011 WSJ By ANDREW ROBERTS In 1978, with the British economy in crisis and unemployment hovering at 1.5 million, or 5.1% of the working-age population, Margaret Thatcher’s Conservative Party turned to its advertising gurus, Charles and Maurice [...]

Europe’s latest Greek debt scheme is one more political evasion. June 30, 2011 WSJ If it’s Thursday it must mean that Europe is out with another scheme to delay its eventual reckoning with Greek insolvency. This one comes courtesy of France and is, no surprise, tailor-made to help French and German banks. Unfortunately it leaves [...]

What began as a technicality has become a metaphor for the stakes in 2012. June 30, 2011 WSJ By DANIEL HENNINGER Democrats say they won’t vote to raise the debt limit unless they get someone in the private sector to pay higher taxes. Republicans say they won’t raise the debt limit unless they get reductions [...]

And is he really going to campaign on his economic record? June 29, 2011 WSJ By JAMES TARANTO “With a key test of the GOP presidential field just over a month and a half away, candidates are descending on Iowa this week to sharpen their appeal to voters in the first caucus state,” the Hill [...]

A new CBO report finds that the costs of Medicare and Medicaid will drive federal spending to all-time highs in coming decades. June 29, 2011 WSJ By STEPHEN MOORE Remember the much ballyhooed ObamaCare promise to “bend the health care cost curve down”? Well, a new Congressional Budget Office report on the long-term trend in [...]

June 30, 2011 By Guy Benson In case you missed it, Katie offers a fairly comprehensive recap of President Obama’s press conference below.  As is often the case, his performance was rather frustrating to watch, and seemed interminable.  A few initial reactions: Debt Ceiling: The president called on Republicans to back off their “stubborn” refusal [...]

June 30, 2011 By Bob Beauprez In testimony before the Senate Armed Services Committee yesterday John Allen, the Marine nominated by President Obama to lead the war effort in Afghanistan, disclosed that the White House lied when they claimed that the announced troop withdrawal plan was “in the range of options” the military leadership had [...]

By Edwin J. Feulner (Archive) · Thursday, June 30, 2011 Some Americans act as if Congress and the president have a jobs-making switch somewhere they can flip to help the economy. If only. No modern economy is that simple. And the factors that affect employment can be complex. But that doesn’t mean there aren’t concrete [...]