Posted in Main Blog (All Posts) on January 3rd, 2013 12:08 am by HL
Fred Barnes, Wall Street Journal
President George W. Bush made bipartisan deals with Democrats on education, energy and, shortly before leaving office, the bank bailout known as TARP. President Reagan got together with Democrats on tax reform and Social Security. President Clinton reached agreement with Republicans on welfare reform, balancing the budget and Nafta's free trade. Mr. Clinton also negotiated reform of Social Security, a landmark compromise that died (before being announced) when the Monica Lewinsky scandal broke.”Each president defined these deals as success, as principled compromises,”Keith…
Lost Decade, Revisited
Holman Jenkins, Wall Street Journal
We said it four years ago: A lost decade was coming, though not as some mechanical inevitability of the housing bust. Rather, that financial crisis put politics in charge in a way that would burden the economy's growth for years to come.The latest fiscal cliff half-deal reached early Tuesday is not proving to be a constructive episode. It is not leading to some great bipartisan whoosh of consensus to ensure our future prosperity so we can afford all the entitlements we can afford. There will be no grand bargain.
A New Agenda
Erick Erickson, RedState
As we start the new year, it is sad to see so many Republicans patting themselves on the back, Grover Norquist included it seems, saying, “It’s ok, it really was a tax decrease because it is Tuesday.”The one pledge to rule them all got obfuscated away conveniently and it is time to move on to a new agenda for the Republican Party. We are now in the era of the McConnell Tax Hike of 2013, which raises taxes on 80% of Americans making between $50,000.00 and $200,000.00.
Businesses Begin Bracing for ObamaCare
Anthony Mason, CBS News
NEW YORK CITY – Most parts of Obamacare will take effect next year, but a lot of small businesses are already making plans.At the Five Guys restaurant in New York City, burgers and fries are the specialties, but owner John Rigos worries he'll have to cook up some cost savings when the affordable care act is fully implemented.”It'll likely affect the number of people we can hire,” Rigos said.