Gary Wisenbaker Blog
Gary Wisenbaker

Consider these quotes from Steve Sloan's recent article on Politico.com regarding Obama’s recently released budget proposal: 

“It’s a tax that’s there for social purposes and therefore you accept the distributional impact”--John Buckley, Georgetown Law Center professor and longtime Democratic staffer on the House Ways and Means Committee.

“There’s only so much money you can get out of the upper-income brackets”—Dave Kautter, Kogod Tax Center, American [...]

It just keeps getting worse for the economic policy makers in Washington. 

A new Associated Press-GfK poll is anything but encouraging.  Fifty two percent of those polled disapprove of Obama’s handling of the economy.  Nearly 77% either trust Washington to “do the right thing” some of the time or none of the time. 

More telling for future unemployment numbers was the feeling among 38% that it was not a good time to make major purchases while 25% had [...]

Okay, let’s make sure we understand this.

The unemployment rate drops one tenth of a percent thanks only to the fact that more of the employable have determined that they will remain unemployed for the foreseeable  future.  So why bother looking?

Employers added a miserable 88,000 workers to their payrolls in March.  Sure, a plus is a plus.  But after an $800 billion stimulus, and more stimulus spending on top of that, this number is nothing short of [...]