Archive | Economy

Column: United States’ fiscal house needs immediate repair

Averting the sequestration that looms like an iceberg dead ahead of the United States’ ship of state should be Congress’ next priority.

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Column: Why focus on debt instead of economy?

Since Barack Obama took office as president, the national debt has increased by almost $6 trillion. During President George W. Bush’s time in office the national debt increased by more than $5 trillion.

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Column: In fiscal cliff debate, what about the national debt?

Exceptionally absent from the debate that surrounded the so-called “fiscal cliff” in the past few months, was the issue of the national debt, which stands at an unfathomable $16.3 trillion.

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Column: Kicking the can down the road

Two weeks ago, President Barack Obama signed into law the American Taxpayer Relief Act of 2012 in what was an eleventh-hour effort to avert the so-called “fiscal cliff” crisis.

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Geithner steps down as Treasury Secretary

Geithner steps down as Treasury Secretary

Four years after taking the helm at the height of the financial crisis, Treasury Secretary Timothy Geithner is stepping down. President Barack Obama nominated White House Chief of Staff Jack Lew to replace him, and, pending Senate approval, Lew will take over by the end of January.

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Editorial: Fiscal cliff issue shows ineptitude

Late Tuesday Jan. 1, the U.S. House of Representatives voted 257-167 on a Senate bill to pass legislation that would avoid the financial situation known as the “fiscal cliff” — a series of spending cuts and tax increases that was scheduled to take effect at the start of this year.

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Column: Fiscal cliff dilemma caused by commitment to middle class instead of American class

Ensconced, encased, and engrossed within the chokehold of mob rule do we find in this most dire of dilemmas — the “fiscal cliff” — both the Democratic and Republican Parties.

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Column: Obama needs to turn attention toward fiscal cliff

There is no fiscal cliff. Yes, I know it sounds insane. But despite the equivocating, fear-mongering and hysterics occurring on Capitol Hill, the expiration of the Bush tax cuts is not the financial apocalypse Democrats are trying to claim.

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Column: Pink unicorns are real, Mr. Norquist

In 1954, while recovering from back surgery, then-Sen. John F. Kennedy began to write a book. It was a study of eight U.S. senators and their then-unpopular decisions that they thought were right for America. It won the 1955 Pulitzer Prize and helped raise Kennedy’s national profile.

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Column: National debt looms for next generation

The election is over. Barack Obama will serve another term as president. Supporters rejoice, detractors mourn. The American people made a choice Tuesday that will dictate the direction of public policy for at least the next four years. But that doesn’t mean our job is over.

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