Economy

President Obama’s odd economic campaign message

President Obama’s economic campaign message is odd. Here is what he’s saying at most campaign events.

• “There’s almost no economic measure by which we’re not doing better than we were when I took office.”

Kill export subsidies. Kill the Ex-Im Bank.

Imagine the Chinese government decides to help the people of Kenya. To do this the Chinese government buys 5,000 wheeled loaders and excavators from Liugong Machinery and gives them for free to the Kenyan government, Kenyan construction firms, and groups…

Response to the President’s comparison to European growth rates

At that Manhattan fundraiser last night President Obama repeated one of his more frequent recent economic lines:

Over the last five years, our economy has recovered faster and stronger from the…

Response to the President on economic anxiety

At a Manhattan fundraiser this evening President Obama said the U.S. economy has “bounced back”:

Over the last five years, our economy has recovered faster and stronger from the worst financial crisis and economic crisis…

Happy Birthday Fiscal Stimulus

For every working American

I’ll let President Obama’s words and CBO’s analyses speak for themselves.

THE PRESIDENT: … that has jeopardized middle-class America’s basic bargain — that if you work hard, you have a chance to get ahead.

I believe this is the…

Why high government debt is a problem

The Obama Administration is trumpeting that the budget deficit has been cut by half, “the largest four-year reduction since the demobilization from World War II.” Indeed, CBO projects the deficit this year will be 3 percent, maybe dropping a few tenths over the…