economics

What economists are saying about John McCain

Monday, July 7th, 2008

Here’s what economists are saying:
We enthusiastically support John McCain’s economic plan. It is a comprehensive, pro-growth, reform agenda. The reform focuses on the real economic problems Americans face today and will face in the future. And it builds on the core economic principles that have made America great.
His plan would control government spending by vetoing […]

The Gas Price Reduction Act of 2008

Friday, June 27th, 2008

Republican Senators have come together to offer a bill, the Gas Price Reduction Act of 2008, to finally start producing more American energy and take away Democrats’ excuses for opposing any proposals to increase domestic supplies of oil.
The New York Times writes today, “In a rather dramatic show of force, 22 Senate Republicans attended […]

John McCain outlines economic initiatives

Tuesday, April 15th, 2008

The New Initiatives:
GAS PRICES: John McCain Believes We Should Institute A Summer Gas Tax Holiday. Hard-working American families are suffering from higher gasoline prices. John McCain calls on Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day.
STUDENT LOANS: John McCain Is Proposing A Student […]

Quote of the Day

Friday, February 15th, 2008

Mr. Obama could become president and derail everything because his understanding of economics is 100 percent wrong. … I must say I’m so scared about Mr. Obama becoming president. I can hardly tell you.
- Former economic adviser to President Reagan and current CNBC economic commentator Larry Kudlow

Best Economic News of 2007

Wednesday, January 2nd, 2008

Bloomberg Financial has compiled a list of the ten best economic news stories of 2007.
Noting that the list doesn’t even scratch the surface of the good economic news in 2007, the list goes something like this…
1) Equity markets posted solid gains and price multiples are still low. As of last Friday morning, the Dow Jones […]

Globalization over the long haul

Wednesday, October 24th, 2007

Globalization, contrary to popular belief has little or no negative effect on the U.S. job market. Take for consideration this tid bit bit of information:
From 1991 to 2006, the trade deficit rose from $31 billion to $759 billion. In the same period, payroll jobs increased by 28 million and the unemployment rate fell from […]

Public Perception of Free Trade

Thursday, October 4th, 2007

Hat tip to the Virginia College Republican blog, for this poll that struck my interest.
According to the VA CRs:
A recent NBC/Wall Street Journal poll found that by a two-to-one margin Republican voters think free trade is bad for the U.S. economy. The poll also showed that while 60% want a President who will continue cutting […]

Economic viability of meaningful climate change legislation

Sunday, July 15th, 2007

Currently, Congress is considering several major and costly climate change legislative proposals in both houses, all of which will likely have a negligible impact on climate change – the existence of which is still in question amongst scientists, politicians, and the general public – because substantial action on global warming is not economically viable
Beyond […]