by Jane Richey | Jul 31, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
Some Federal Reserve officials are reviving an idea that rose and fell with Alan Greenspan, the former Fed chairman, as they seek to persuade colleagues to take new action to stimulate growth. Central bankers generally set policy based on their judgment about the most...
by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The Commerce Department also said Friday that the economy grew a little better than previously thought in the January-March quarter. It raised its estimate to a 2 percent rate, up from 1.9 percent. Growth at or below 2 percent isn’t enough to lower the...
by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Freeze. Grow. Fix. The fact is too many people are worried about their jobs. Their personal finances are uncertain. And looking beyond the immediate crisis to the horizon, we’re all wondering what kind of life we are leaving our children and grandchildren. We are...
by Jane Richey | Jul 26, 2012 | Fiscal Responsibility, Free Markets, Politics
Yesterday, the Senate narrowly voted (51-48) to raise taxes on 1.2 million small businesses, which will likely kill more than 700,000 jobs at a time when nearly 13 million Americans are out of work. Senators Joe Lieberman (I-CT) and Jim Webb (D-VA) joined all...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
UPS has delivered a stark warning to the White House and Congress that U.S. economic growth will fall to an anemic annual rate of 1 percent by Election Day. The company’s leaders on Tuesday said U.S. businesses are in danger of going over the fiscal cliff because of...