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Washington Taxes Own Credibility
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The Obama tax deal pushes tough decisions on spending into the future. It will put more money in people's pockets and as a result give a short term boost. Experts do not see long term benefits to the economy. It does not do what spending on much needed infrastructure and investment in other parts of the economy would do to give a long term lift to the economy.
Spending increases in the US for fiscal year 2010 over 2008
12/16/2010
A 24% increase in nondefense discretionary spending, and a 11% increase in defense spending, for fiscal year 2010 over fiscal year 2008.
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The 111th Congress's Final Insult
Wall Street Journal 12/16/2010
Washington Taxes Own Credibility
Wall Street Journal 12/16/2010
Spending Bill Withdrawn in Senate
Wall Street Journal 12/17/2010
Proposal Trims Defense Outlays for First Time Since 9/11 Attacks
Wall Street Journal 02/15/2011
Panetta Faces Big Budget Challenges
Wall Street Journal 04/29/2011
Kicking the Can Down the Road- Views on the 2010 Obama-Republican Bush tax cuts deal
08/05/2010
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The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
Taxes, benefits and the deficit: Kicking the can down the road
Economist 12/10/2010
Bill Clinton takes the White House stage, again
Washington Post 12/11/2010
Poll on tax deal hints Obama still hasn't sold public
Washington Post 12/15/2010
Chris Van Hollen - First, fix the estate tax giveaway
Washington Post 12/15/2010
Washington Taxes Own Credibility
Wall Street Journal 12/16/2010
Opposition to the Bush tax cuts deal between President Obama and Republicans
08/05/2010
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The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
House Democrats seek changes to Obama's tax-cut deal
Washington Post 12/09/2010
Dana Milbank - The Democrats' short-lived rebellion
Washington Post 12/08/2010
New York Times 12/10/2010
New York Times 12/09/2010
Poll on tax deal hints Obama still hasn't sold public
Washington Post 12/15/2010
Skepticism about the long term benefits of the Obama Economic Plan for 2011-2012
01/20/2010
Grouped Articles
Washington Post 09/06/2011
Washington Taxes Own Credibility
Wall Street Journal 12/16/2010
Obama loses bin Laden bounce; Romney on the move among GOP contenders - The Washington Post
Washington Post 06/07/2011
Obama and the 'Competency Crisis'
Wall Street Journal 08/25/2011
Wall Street Journal 12/27/2011
White House Looks to Shrunken 2012 Legislative Agenda
Wall Street Journal 12/31/2011
Martin Feldstein on the risks for the American Economy after failures in the Obama Economic plan.
09/12/2007
Failures to address problems on the housing front, especialy the problems for 15 million homeowners under water- see the links to opeds by Feldstein suggesting focus on these issues throughout 2008-2009. And the focus on health care which diverted attention from this problem and the problem facing bad loans in commercial real estate. Other problems are failure to get bank lending up for businesses. And the failure of Obama health care plans to control the increase in the nation's surging health care spending, instead increasing the deficit to unsustainable levels. Public sentiment as shown in WSJ/NBC polls confirm Feldstein's sense of the situation.
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New York Times 12/08/2013
From President Obama, Economic Clarity but Little Courage
Washington Post 04/15/2009
Wall Street Journal 09/12/2007
How to Stop the Mortgage Crisis
Wall Street Journal 03/07/2008
Wall Street Journal 02/20/2008
Enough With the Interest Rate Cuts
Wall Street Journal 04/15/2008
The Bush tax cuts in 2010.
08/05/2010
In the face of rising deficits, and questions about the future solvency of Medicare and Social Security, there are questions about the Bush tax cuts which expire in December 2010 if not renewed. With high unemployment the consensus seems to be to leave the tax cuts in place for a limited period, and have serious conversation about taxes when a new presidential term begins. A Value added Tax has been suggested by Paul Volcker, similar to that in Europe.
Grouped Articles
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
New York Times 08/21/2010
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
Why the Rich Donât Need a Tax-Cut Extension
New York Times 09/25/2010
Tax-Cut Vote Shows Democratic Divide
Wall Street Journal 12/03/2010
New York Times 12/02/2010
Selling the Bush tax cuts in the U.S. and opposition in the Democratic party in 2010
08/05/2010
Former President Clinton helps to sell the Bush tax cuts in 2010. This is an effort to salvage the agreement President Obama negotiated with the Republicans.
Grouped Articles
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
Bill Clinton takes the White House stage, again
Washington Post 12/11/2010
Washington Post 12/11/2010
A Tax Deal, and a President, Under Fire
New York Times 12/10/2010
If Bill Clinton Were President
New York Times 12/11/2010
Poll on tax deal hints Obama still hasn't sold public
Washington Post 12/15/2010
New York Mayor Bloomberg calls for letting the Bush tax cuts expire for all income groups to address the U.S. deficit
12/16/2010
Bloomberg tells Republicans and Democrats that promoting the idea of a free lunch or getting something for nothing is delusional. He points to the road for U.S. economic recovery based on this step combined with an up or down vote on the Simpson Bowles plan in Congress.
Linked Articles
Federal Budgets and Class Warfare
Wall Street Journal 03/29/2012
Washington Taxes Own Credibility
Wall Street Journal 12/16/2010
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