This week, Congressional Budget Office (CBO) released its assessment of President Obama's proposed budget for fiscal year 2016. For those of us prioritizing economic growth over deficit reduction, the picture is a pretty good one. Despite new investments in education and infrastructure, the Obama budget will reduce the projected national debt by $1.2 trillion over […]

On the eve of President Obama's 2015 State of the Union address, we have a rare bipartisan consensus on one of the greatest challenges facing the United States. Record-high income equality, President Obama, Jeb Bush and Mitt Romney all agree, presents a threat to the American Dream and American democracy. The ever-widening gap between the […]

Speaking to an RNC audience in San Diego on Friday, potential three-time GOP presidential candidate Mitt Romney explained how version 3.0 would differ from the first two voters previously rejected. But when Governor Romney announced that he would put fighting poverty and income inequality at the center of a 2016 run, he wasn't just reversing […]

Four years ago, Republicans led by then -new House Majority Leader Eric Cantor (R-VA) began taking credit for the economic progress made since the Bush recession began in December 2007. Just 19 days after the GOP had assumed control of the House, Cantor issued a statement declaring, "THERE ARE THE JOBS: Republicans Prevent Massive Tax […]

Here are three quick pieces of advice for Jeb Bush. First, if you want to announce your new Super PAC by bemoaning "the playing field is no longer fair or level" for middle class Americans, don't film your video in front of Wall Street investment firm, Black Rock. Second; when your brother the 43rd President […]

As 2015 opens, the American economy seems poised for robust economic expansion. Strong GDP growth and job creation, falling first-time jobless claims, surging stocks and (finally) rising wages show the Obama recovery from the Bush recession which began in late 2007 is starting to hit on all cylinders. And to be sure, it is the […]

As 2015 begins, there is much to be optimistic about for the new year. The American economy is really starting to take off. The private sector has created new jobs for a record 57 months, driving down the unemployment rate and finally beginning to put upward pressure on wages. Plummeting global energy costs are putting […]

The sun does not rise in the west and set in the east. Gravity does not make objects fall upwards. The earth is not flat. And tax cut do not pay for themselves. Despite four decades of bitter experience--and incontrovertible data--to the contrary, Heritage Foundation chief economist Stephen Moore nevertheless took to the op-ed pages […]

As 2014 comes to a close, the American economy is finally starting to take off. U.S. gross domestic product (GDP) surged by 5 percent in the third quarter, the best performance since 2003. Employers hired 321,000 more workers in November, marking the 57th consecutive month of private sector job gains. With unemployment down to 5.8 […]

Working Americans have a problem. And that means President Obama and his Democratic Party have a problem, too. Despite the robust economic recovery, the steep decline in unemployment, a surging stock market, rising investment and plummeting gas prices, wages have hardly budged. After briefly dipping during the great recession which began in late 2007, income […]