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Instead Of Strong Trickle-Down Revival, We Get Lethargic Trickle-Along Survival

4:33 pm in Economic News by Abdom Roig

Imagine what would have happened to the economy if Congress had extended the tax rates permanently instead of just for two years. Imagine what would have happened if the payroll tax holiday had been for a year for the employee and the employer, and for the full 12.4% Social Security portion. Imagine if the Democrat-controlled Congress had lost its collective mind and actually reduced the top corporate tax rate from 35% to 25%. Imagine no taxes on

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How Liberal Media Exploited The Rampage

9:00 am in Economic News, General News by 5280Patriot

Imagine the Saturday morning of congressional aide Mark Kimble. Kimble told of going to a Safeway for a typical meet-and-greet event with his boss, Rep. Gabrielle Giffords. Kimble said he went into the store for coffee, and as he came out, Giffords was talking to a couple about Medicare, and federal judge John Roll had just walked up to her and shouted “Hi” — when a gunman opened fire. Nobody in America should greet this scene with any other

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Even After A ‘Shellacking’ In 2010, Obama Still Has A Chance In 2012

1:29 am in General News by Aaron Townsend

On the day after Boxing Day, it’s worth noting that Barack Obama is down but not out. You could tell as much from the contrast between his petulant post-election press conference and his peppy pre-Christmas press conference. In the former, he was crabby about accepting Republicans’ demands that income tax rates on all taxpayers not be raised. In the latter, he was celebrating the lame-duck Congress’ acceptance of his stands on the New START

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For Obama, Free Trade Is Key To Success

9:26 am in Economic News by A. Roberts

Between the November elections and legislative battles, it’s been a tough year for President Obama. But there is hope for 2011. Obama can follow the long tradition of U.S. presidents who turned from frustration at home to success abroad by resolving to conclude the World Trade Organization’s Doha Round of global talks next year. In principle, he already supports the idea. He and his fellow world leaders regularly pledged to wrap up the round –

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$5 Gas Under Obama? What, No Pitchforks?

10:36 am in General News by Aaron Sparks

Five dollars per gallon of gas by 2012! A former president of Shell Oil considers this likely. The average price on Christmas Day for a gallon of regular gas reached $3.28 in Los Angeles County, the highest price since October 2008. In one month, the price rose 13 cents, up 35 cents year to year. Where are the calls to sic Obama’s Justice Department on Big Oil to hold the oil companies accountable for “market manipulation”? Why aren’t we hunting

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Our Refusal To Cut Corporate Tax Rates Places U.S. Economic Leadership At Risk

12:20 am in Economic News by A. Walker

The United States has been a world leader in many of the best ways possible. Our devotion to freedom and our tireless ingenuity have kept America in the vanguard of the global community. But unless we change our tax code, the U.S. is about to take the lead in a very unfortunate category. With Japan’s Prime Minister Naoto Kan announcing that his nation will lower its corporate tax rate by 5% in 2011, the U.S. will have the unenviable distinction of

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What Do Liberals Have To Show For 50 Years Of Horrible Policies?

2:50 pm in General News by 1stCavRVN11B

For the past 50 years, the Democrats — and many Republicans who should know better — have been wrong about virtually every major domestic policy issue. Let’s review some of them: . Taxes. The bipartisan extension of the Bush tax cuts represents the latest triumph over the “soak the rich because trickledown doesn’t work” leftists. President Ronald Reagan sharply reduced the top marginal tax rates from 70% to 28%, doubling the Treasury’s tax

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