Five Years of Stimulus Debunks Keynesian Theory

The American Recovery and Reinvestment Act is now five years old.  Known affectionately as his “stimulus” it was President Obama’s first legislative triumph, attracting high praise and hosannas from the media. But today, stimulus advocates are on defense, trying to justify an additional trillion dollars in federal debt.  During a campaign style media event to […]

ObamaCare’s Miserly Small Business Tax Credit

Since the Administration’s earliest efforts to persuade America that ObamaCare will do more good than harm, one of the most hyped selling points has been “small business tax credits.” In a September 2009 speech to a joint session of Congress the President promised: For those small businesses who still cannot afford the lower-priced insurance available […]

A Tsunami of Government Debt

ObamaCare’s Negative Effect on the Economy

The White House just announced a second one year delay in the ObamaCare employer mandate. The chart below displays economic data that likely influenced last year’s decision to delay the employer mandate from 2014 to 2015, and the latest decision to further delay it until 2016 for a critical segment of the economy, medium sized […]