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 […]

"Reality," Stephen Colbert famously explained to President George W. Bush, "has a well-known liberal bias." And for Republicans, reality bites most when it comes to tax cuts. After all, for over 30 years, tax cuts have been the GOP's one and only prescription for both economic booms and busts, recessionary slowdowns and budget surpluses, and […]

In the wake of September's strong jobs report, Megan Thee-Brenan and E.J. Dionne (among others) have concluded "Obama is unlikely to get credit for falling unemployment rate" and "Democrats aren't getting credit for the economy." The question is why. After all, when it comes to cutting unemployment, spurring investment and driving economic growth, Barack Obama […]

One by one, the GOP's talking points about President Obama's management of the American economy have fallen by the wayside. Even before he first took the oath of office on January 20, 2009, Republicans were warning about the "Obama Bear Market." Instead, the Dow Jones has more than doubled in value in hitting record highs. […]