Examiner Editorial: Obama blames GOP for his own economic failures | WashingtonExaminer.com

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Examiner Editorial: Obama blames GOP for his own economic failures | WashingtonExaminer.com
by Examiner Editorial

“Our economy is facing a major headwind, and that is Republicans in Congress.” This was how White House spokesman Jay Carney tried Wednesday to explain away any responsibility on President Obama’s part for the 0.1 percent economic contraction that occurred in the fourth quarter of last year. In particular, he cited Republican “brinksmanship” over the automatic spending cuts known as the sequester.

From the way he spoke, you would think that Republicans control the apparatus of government in Washington. You would think that Obama hadn’t been president for four years, or that he didn’t spend months threatening to veto any rollback of the sequester cuts, or that the sequester had not originally been his administration’s idea as a solution to the budget impasse of 2011. But as he has for so long, Obama would rather blame, in Carney’s words, Republican “brinksmanship” over the sequester. Continue reading →

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Newt Gingrich Schools Lawrence O’Donnell On Clinton Tax Hikes

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McConnell: Obama Wants to ‘Spend to his Heart’s Content’

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In defense of Grover Norquist and his right to be wrong | Fox News

Grover Norquist

In defense of Grover Norquist and his right to be wrong | Fox News.
by Lanny Davis

(Rightward Journal Note: Interesting Perspective from a long time Democrat)

I strongly disagree with Grover Norquist and his anti-tax pledge. But I believe his views are sincere. And I condemn those who substitute personal attacks on Norquist for factual arguments to prove him wrong.

First, I don’t get why my fellow Democrats and liberals blame Norquist for the “pledge” — rather than those who sign the pledge. Continue reading →

The American Spectator : Paul Krugman’s Obsolescence

The American Spectator : Paul Krugman’s Obsolescence.
by Iain Murray

Last week in his New York Times column, Paul Krugman cheeredApple’s introduction of the iPhone as an example of the Keynesian theory of how depressions end — through “use, decay, and obsolescence,” which provide the stimulus economies need to recover. He went on to suggest that government can do what Apple does by increasing spending. Continue reading →

The Security Risk of 16 Trillion in Debt