What would it take for government to begin sharing in the sacrifice? For the first three months of 2011 President Obama demanded that Congress raise the debt ceiling without any conditions, without any spending cuts whatsoever. Then, when the polls turned against that idea he began to call for “shared sacrifice” in the form of [...]

Before we agree to President Obama’s demand for tax increases shouldn’t we take a look at what brought us to this moment of debt crisis? In his third debt-ceiling press conference President Obama called for a “balanced approach” or “balanced package” seven times.  By this he meant immediate tax rate increases and spending cuts to [...]

The Obama Administration’s fiscal and budget policy is simple: Position the President to blame others for the debt crisis and to take the credit if the relatively few competent adults who serve in Congress manage to resolve it. With the (2nd) debt ceiling deadline looming, and secret, high-level negotiations on-going, President Obama appears and reappears, [...]

President Obama and the Democrats keep trying to shift the blame for seemingly endless economic misery from themselves to the very taxpayers who have delivered more revenue to the government than anyone thought was possible just a few months ago. By now virtually every American has heard President Obama, the Democrats and the media chorus [...]

If you believe the Administration’s math each stimulus job cost the government $222,000. It’s a Washington tradition.  Release information the President doesn’t want anyone to notice on Friday evening, especially before  a three day weekend. On Friday evening before the July 4 weekend the White House Council of economic Advisers published a report with the [...]

The President tries to smear Republicans with a trivial tax break he and his party authored. A visitor from another planet listening to President Obama’s press conferences would get the impression that a “tax break for private jet owners” was a major point of political conflict and a significant barrier to a balanced federal budget.   [...]

Remember 2007?  Was Government too small by 40%? For several days the establishment media hyped the majestic arrival of President Obama to the debt ceiling debate.  But after several urgent, crucial, Oval Office Meetings no agreement is even close. Republicans want major spending cuts in exchange for their votes for a debt ceiling increase.  Obama [...]

As the worst debt crisis in American history appears on the horizon the political establishment shows no urgency about spending cuts.  The Treasury Department’s monthly report for the first 8 months of the 2011 fiscal year shows 2011 spending is running 6% above 2010. As the numbers demonstrate, the Obama Administration believes the most urgent [...]

President Obama’s deficit narrative is a hoax. In what has become his campaign stump speech he makes a series of assertions that upon scrutiny prove to be baseless and to contradict publicly available data from his own Office of Management and Budget (OMB).  He claims that during the Bush years: …we made the [deficit] problem [...]

Are Millionaires and Billionaires the Problem? In his speech on government debt last week President Obama sought to exploit the complexity of the tax system to deceive The People.  Our previous post debunks his implication that President Bush caused the current debt crisis.  Further into his speech he implied that “millionaires and billionaires” were to [...]