Blog Archives

Obama voted against raising debt ceiling in 2006 due to high deficits

President Obama had harsh words for congressional Republicans who have refused to raise the debt ceiling without dollar-for-dollar spending cuts.

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Posted in Fiscal Policy, President Obama

Sometimes, it pays to be moderate

A year ago, in the face of almost universal conservative opposition to raising taxes to deal with the national debt, I urged Republicans to accept a politically uncomfortable compromise. In light of House Speaker John Boehner’s failed attempt at a

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Posted in Fiscal Policy, President Obama, The Modern Conservative

With debt talks at a stalemate, Congress gets creative

Just as John Boehner announced that after weeks of negotiation, “no substantive progress has been made” toward resolving the fiscal cliff, frustrated members of congress have come forward with an unconventional solution to January’s impending debt crisis.

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Posted in Fiscal Policy

While Republicans offer compromise, Democrats ready to jump off the fiscal cliff

If all your friends jumped off a fiscal cliff, would you go over after them? Apparently some congressional Democrats are considering it, reasoning that failure to deal with the nation’s “perfect storm” of spending and revenue problems would be politically

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Posted in Fiscal Policy

Are We Better Off Under Obama? It Might Not Matter

Pundits and poll-watchers alike agreed that in 1980, Ronald Reagan was frozen in the polls just below the threshold needed to beat unpopular President Jimmy Carter. Voters strongly disapproved of Carter’s handling of the economy, but they just couldn’t see

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Posted in President Obama