Topic: Bill Clinton
Over time few things affect economic activity more than absolute and relative tax rates. This time around, not only is the Fed holding the federal funds rate near zero, but income tax hikes scheduled for 2011 are less severe than those of ...
I believe that to a large extent our current budgetary problems stem from the widespread adoption of an idea by Republicans in the 1970s called " Once upon a time Republicans thought that budget deficits were bad, that it was immoral to ...
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner on Sunday expressed confidence that lawmakers will bridge partisan differences on the overhaul of financial regulations and pass a bill that protects taxpayers from financing future bailouts."I am very confident that we're going to have ...
Right now many moderates and liberals are telling themselves that the Democrats' success in passing the president's health reform proposal is as heroic as President Clinton's decision to raise taxes, cut defense spending and trim entitlement spending in 1993. But that doesn't ...
It's budget week in Washington, and the $1.27 trillion deficit projected for fiscal 2011 should remind us that deep recessions, especially when accompanied by large spending increases, produce outsized deficits for years to come. The federal government has been down this road ...
The Democratic defeat in yesterday's Massachusetts Senate race puts a punctuation mark on the grinding erosion of support for the Obama Administration and its economic policy in a tough first year. Clearly voters were sending the Administration a message that America is ...
Matt Taibbi is one of the few commentators in the mainstream media who is not worried about 'access' and has, therefore, been free to write much more critically about the economic crisis and reform efforts on Wall Street.. At a minimum, the ...
By Oct 30, according to Dow Jones news, of the 344 companies in the S&P 500 that have posted Q3 results, 80% reported earnings above analysts' expectations, 6% matched and 13% below. However, the S&P 500 lost 0.84% in October, breaking its ...
President Obama, former President Clinton have lunch together after Obama's speech on Wall St.President Barack Obama and former President Bill Clinton met privately for about 90 minutes on Monday, discussing the global economy over a meal in Manhattan.The two leaders emerged from ...
Fiscal responsibility" is one of those things that everyone in Washington is always for. Thus when Dwight Eisenhower took office in 1953, one of his first actions was to nip in the bud efforts by congressional Republicans to cut taxes. The Laffer ...