March 1, 2013 | 4 comments
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August 14, 2012 | 18 comments
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August 11, 2012 | 13 comments
There is growing conservative opposition to the tax cut deal, to the point that some are speculating the Tea Party will punish Republicans who vote yes. Of the Republican senators who voted against the deal, only George Voinovich has a history of voting against tax cuts. The rest were conservatives like Tom Coburn and Jim DeMint.
The trouble is the deficit spending that has been included to win Democratic votes: an unfunded unemployment extension, an ethanol boondoggle, and other government goodies. In return, President Obama and the ever-malleable former President Bill Clinton swallowed their bogus opposition to foregone revenues from the tax cuts. But here is the problem: if something isn’t done by the end of the year, tax rates will rise across the board. This will be difficult to fix retroactively and any solution after that will wreak havoc on withholding tables.
The Bush tax cuts were tarnished from the beginning because they were unaccompanied by spending restraint, cluttered with Keynesian rather than supply-side provisions, and a temporary rather than permanent. These problems largely remain. Congress is likely to extend the tax cuts for now. Will the new House majority try to fix these problems later?
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?