Overview for economic-recovery

Signs of Good News in the Recovery

The economy is currently very weak, but as I write in my column for The Week, there are some signs of good news. The economy is currently very weak, but as I write in my column for The Week , there are some signs of good news. It's been a summer of bad news: Bad job news, bad housing news, …

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Written by David Frum on Thursday July 14, 2011

Low Tax States Don't Equal High Job States

As one explores the common threads among states with improving economies, current Republican rhetoric, with its heavy emphasis on tax policy, may cloud the issue. The Department of Labor has released its state-by-state labor numbers: joblessness had declined in 24 states, risen in 13 (and …

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Written by Harry Graver on Monday June 27, 2011

House GOP: Call Them Irresponsible

The president has Hail To The Chief. So it’s only fair Congress has its own song, lest imbalance between the branches of government take hold and imperil the Republic. It is true that we can and often do learn something new (and sometimes useful) every day. After living and working in Washingto…

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Written by Les Francis on Saturday June 25, 2011

Gingrich: Good Punditry, Bad Politics

Conservatives cannot recognize that non-conservatives do not share their disdain for President Obama. They are not impressed by the right's overblown criticisms. You know what? That sounds like an interesting speech that Newt Gingrich gave the Maryland Republican party last night. "No …

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Written by David Frum on Friday June 24, 2011

UK Bank Debate A Reminder Bailouts Worked

Britain's discussion over how to return bailed out banks to the private sector is a reminder that the original financial bailouts did not pour money down the drain. Britain is preparing to return to private ownership the banks bailed out during the 2008 financial crisis. Chancellor of the …

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Written by David Frum on Thursday June 23, 2011

Let's Scrap Corporate Income Tax

The idea of a temporary "tax holiday" for corporations is a good one: it would allow for the repatriation of off-shore funds and new investment. But it doesn't go far enough. The idea for a “repatriation holiday” — a temporary cut in US tax rates — is a very good one: it would bring in much …

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Written by Eli Lehrer on Tuesday June 21, 2011

Red Tape May Be Hamstringing Growth

Corporate regulation has been mounting under the Obama administration and could be more responsible for the stalled recovery than taxes or the deficit. Matt Yglesias ridicules economic Nobelist Gary Becker for suggesting that President Obama's policies might be to blame for the slowness of …

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Written by David Frum on Monday June 20, 2011