Written by Romina Boccia
Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.”
With just days left for President Obama and lawmakers in Congress to avert a major tax hike, sequestration, and other major policy changes, today we bring ...
Written by Doug Ross
I simply cannot comprehend the malfeasance of the media in discussing America's fiscal situation. This includes the entire spectrum of commentary, from the usual suspects on MSNBC to Fox News Sunday.
10. The President's desired tax hikes -- raising taxes on "the rich", those with an ...
Written by John Browne
John Brown for the Daily Bell
While it may not be a surprise that the Republicans are preparing to yield on their vow to oppose tax hikes, it should raise investor concerns the world over that an upcoming budget agreement will likely involve a Congressional surrender of its authority to set ...
Written by Frank Shostak
[Editor's note: Bernanke has further loosened the Fed's monetary stance. As economist Frank Shostak explains, this action is based on a fundamental misunderstanding of how wealth is created and can only make things worse.]
Written by Phyllis Schlafly
While President Obama and Speaker John Boehner are wrestling with whether or not they will agree to raise taxes, United Nations delegates partying in Doha, Qatar are planning to impose a new kind of tax on Americans. UN conferees have been discussing how they can start a global tax that would hit ...
Written by Steven A. Camarota
The Employment Picture for Less-Educated Workers
Of the estimated 11 to 12 million illegal immigrants in the United States, seven to eight million are thought to be holding a job.1Rather than enforce immigration laws and encourage them to return home, President Obama and some in Congress have ...
Written by Murray N. Rothbard
Editor's Note: It seems this holiday season, instead of presents from Santa's sleigh, we'll be showered with dollars from Bernanke's helicopter. Yesterday, the Federal Reserve announced plans to spend $45 billion a month to buy bonds, and to keep a key interest rate near zero until ...
Written by Right Side News
With nary a glimmer of hope that economic sense will supplant political expedience, Stansberry & Associates Investment Research Founder Porter Stansberry expects rampant inflation to roar in once the cost of capital rises. How is he preparing himself? Stansberry tells The Gold Reporthe ...
Written by Alison Acosta Fraser , William W. Beach and Stuart M. Butler, Ph.D.
Abstract: Unless Congress and the President act promptly and wisely, sequestration under the Budget Control Act (BCA) will undermine military readiness, and the nearly $500 billion tax increase starting on January 1, 2013, will greatly harm an already weak economy. However, this fiscal cliff can ...