By Daniel J. Mitchell
On this day last year, I posted two charts that I developed using the Minneapolis Federal Reserve Bank’s interactive website. Those two charts showed that the current recovery was very weak compared to the boom of the early 1980s. But perhaps that was an unfair comparison. Maybe the Reagan recovery started strong and then hit [...]
One Year Later, Another Look at Obamanomics vs. Reaganomics is a post from Cato @ Liberty – Cato Institute Blog
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As budget season approaches, premium support is gaining traction as the only viable option to save Medicare. In a recent Politico article, House Minority Whip Steny Hoyer (D–MD) is quoted as saying liberals will use Obamacare’s new provisions to combat a conservative budget that reforms Medicare using premium support. Hoyer told reporters, “Yes, we need to make Medicare viable. We believe that the health care bill—and very frankly CBO (Congressional Budget Office) believes the health care bill will do something that Medicare very badly needs, and that is to constrain … More
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By Daniel J. Mitchell
Leftists want higher tax rates and they want greater tax compliance. But they have a hard time understanding that those goals are inconsistent.
Simply stated, people respond to incentives. When tax …
New Academic Study Confirms Previous IMF Analysis, Shows that Lower Tax Rates Are the Best Way to Reduce Tax Evasion is a post from Cato @ Liberty – Cato Institute Blog
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By Neal McCluskey
College prices truly are ridiculous. But someone needs to tell President Obama that the root problem isn’t the colleges, which he is expected to announce today will be the targets of …
Obama Is Avoiding the Tough College Course is a post from Cato @ Liberty – Cato Institute Blog
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President Obama unveiled a long list of economic policies during the State of the Union address that he wanted Congress to focus on this year. Click here to join us right now for our “Lunch with Heritage” chat. We are joined by Bill Beach, …
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“Over a thousand Americans are working today because we stopped a surge in Chinese tires,” asserted President Obama in his State of the Union Address. President Obama referred to steep tariffs that his Administration imposed on tires imported from China. Not everyone sees it that way. According to the Tire Industry Association (TIA): TIA believes this was a politically motivated decision that will end up costing more jobs than it saves. These tariffs will not bring back the jobs that the union claims have been lost; it will not create … More
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By Caleb O. Brown
Cato Institute scholars Malou Innocent, Chris Edwards, Neal McCluskey, Ilya Shapiro, Jerry Taylor, Dan Mitchell and Dan Ikenson respond to President Obama’s 2012 State of the Union Address. Video produced by Caleb O. Brown, Austin Bragg and Lester Romero. Cato Institute Scholars on the State of the Union 2012 is a post from Cato @ [...]
Cato Institute Scholars on the State of the Union 2012 is a post from Cato @ Liberty – Cato Institute Blog
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In President Obama’s statement denying TransCanada’s Keystone XL pipeline, he said, “The rushed and arbitrary deadline insisted on by congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment.” The President referred to a five-page Department of State (DOS) report that echoed why he decided in November 2011 to postpone the decision until after the 2012 election. Despite a rigorous, three-year environmental review with multiple comment periods, DOS recommended that the current route was not satisfactory … More
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President Barack Obama began the new year on a controversial footing by signing the highly disputed National Defense Authorization Act of 2012 (NDAA 2012) into law. Defense authorization bills are traditionally passed by Congress and signed with little controversy by the sitting President. But the NDAA 2012 has been the focus of particular rancor from often unlikely parties, and the signing statement written by President Obama, which was included with the bill as an informal addendum, is particularly troubling to those who value the integrity of our national defense strategy. … More
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They call themselves “las Damas de Blanco” (“the Ladies in White”). They are a prominent group of courageous Cuban women, many of them wives of political prisoners. They have fought not just for the rights of the unjustly imprisoned but for the rights of all the Cuban people to have a voice in the way their country is governed. Their tactics are entirely peaceful: They take to the streets of Havana and Santiago de Cuba each Sunday and silently march in protest against human rights violations of the Castro regime … More
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