Two days after Americans learned that U.S. household wealth plummeted by a staggering $11 trillion (an 18% drop) in 2008, the Washington Post featured a critique of President Obama's rhetoric attributing the recession to George W. Bush. But while Obama's statement that "by any measure, my administration has inherited a fiscal disaster" is inescapably true, […]

As part of his twilight struggle to remain relevant in national politics, failed Republican White House hopeful John McCain has apparently launched a new effort to block some of President Obama's executive branch nominees. But while the Arizona Senator claims his opposition to Christopher Hill as ambassador to Iraq is based on concerns over his […]

It's not for nothing that Politico is (or should be) known as the ESPN of politics, highlighting the contest but not the content of American democracy. One day after President Obama as promised signed an executive order reversing the draconian Bush restrictions on stem cell research, Politico focused on the grievances and disappointment of hard […]

Within minutes of President Obama's reversal of George W. Bush's strict limits on federal support for embryonic stem cell research, the Republican noise machine was reliably regurgitating its "distracted president" talking point. But while House Minority Whip Eric Cantor's sound bite was faithfully repeated by Time's Mark Halperin, apparently lost in the phony debate which […]

As the New York Times revealed Monday, President Obama has instructed administration officials not to rely on the hundreds of signing statements issued by his predecessor. That move should please John McCain. After all, the Republican presidential candidate not only pledged "never to issue a signing statement." Back in 2005, McCain was doubled-crossed when President […]

On Monday, President Obama as promised reversed George W. Bush's draconian restrictions on federal support for stem cell research in the United States. But just as important as that key step was its larger message that this White House rejects the politicization of science which has dominated Republican strategy for a generation. And at the […]

As Republican ratchet up their cries of "socialism" regarding President Obama's plan to return upper income tax rates to Clinton-era levels beginning in 2011, ABC offered a comic profile of Americans earning over $250,000 a year and their schemes to avoid the higher bills. Of course, lost in this propaganda-fest are two inconvenient truths. First, […]

Six weeks into the presidency of Barack Obama, a growing chorus of voices among the leaders of the defeated and downtrodden Republican Party is calling for his failure. During a time of war and national economic crisis, Rush Limbaugh, Tom Delay, Michelle Malkin, Johan Goldberg and Rick Santorum are just some of the GOP politicians […]

The last time the top income tax rate was 39%, the United States enjoyed a booming economy, rising incomes, low unemployment and expanding budget surpluses. Unfortunately, that simple truth has been ignored by Republican propagandists and mainstream media alike during the debate over President Obama's stimulus plan and budget proposal. In his budget, Barack Obama […]

During the 2008 presidential campaign, John McCain's chief economic adviser Douglas Holtz-Eakin took more positions on the federal budget deficit than Newt Gingrich has had wives. Within a matter of weeks last year, Holtz-Eakin alternately claimed John McCain would balance the budget by either 2013 or 2017, all before announcing in April, "I would like […]