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  • Commentary posted October 31, 2014 by Stephen Moore Obama Soaks the Rich, Drowns the Middle Class

    The curse of the U.S. economy today is the downward trend in “take-home pay.” This is the most crucial economic indicator for most Americans, but when President Obama said in a recent speech at Northwestern that nearly every economic measure shows improvement from five years ago, he conspicuously left this one out. Most workers’ pay has not kept up with inflation for…

  • Commentary posted October 30, 2014 by Stephen Moore Reinflating the Housing Bubble

    The headline in newspapers one recent weekend read like an April Fool’s joke, but it wasn’t April 1. The Obama administration announced it wants to provide a little more juice to the now-lackluster housing market by bending the home lending rules to make it easier for banks to make loans and marginal buyers to take on a mortgage. One of the big changes: The Federal…

  • Commentary posted October 30, 2014 by Stephen Moore Hillary Clinton's Anti-Business Rhetoric Shows Her Radical Roots

    Hillary Clinton is getting deservedly attacked for her imbecilic statement at a Democratic political gathering in Massachusetts on Friday about business and jobs. "Don't let anybody tell you that, ah, you know, it's corporations and businesses that create jobs," she preached, to loud applause. "You know that old theory, trickle-down economics. That has been tried, that…

  • Commentary posted October 28, 2014 by Joel Griffith, Stephen Moore Janet Yellen: Class Warrior

    We learned last week that new Federal Reserve Chair Janet Yellen is not so much our nation’s central banker as class warrior in chief.  In a widely publicized speech Ms. Yellen parroted all of the left’s talking points on the divide between rich and poor.  “The extent of and continuing increase in inequality in the United States greatly concern me,” she lectured.  “It is…

  • Commentary posted October 23, 2014 by Stephen Moore The Real Reason Gas Prices are Falling

    American workers and motorists got some badly-needed relief this week when the price of oil plunged to its lowest level in years. The oil price has fallen by about 20 to 25 percent since its peak back in June of $105 a barrel. This is translating to lower prices at the pump with many states now below $3 a gallon. At present levels, these Already the lower oil and gas…

  • Commentary posted October 22, 2014 by Stephen Moore Oil, the Real Economic Stimulus

    American workers and motorists got some badly needed relief last week when the price of oil plunged to its lowest level in years. The oil price has fallen by about 20 percent since its peak back in June of $105 a barrel. This is translating to lower prices at the pump with many states now below $3 a gallon. Already the lower oil and gas prices are the equivalent of a…

  • Commentary posted October 15, 2014 by Stephen Moore What Really Ended the Great Depression?

    “What is history but a fable agreed upon?” Napoleon said. That observation has never been more true than with the story of the Great Depression and its aftermath. With liberals today pitching more government spending “stimulus,” it’s critical we get this history right. I’ve written before about the historical lie that President Franklin Roosevelt’s New Deal programs…

  • Commentary posted October 9, 2014 by Stephen Moore Fracking Pioneer Deserves To Win Nobel Peace Prize

    The Nobel Peace Prize winner is about to be announced, setting off all the hype that goes with it. The idea of the near-century-old award is to honor a person who has profoundly changed the world for the better by promoting peace and improving the state of humankind. The prize has gone to such giants as Martin Luther King, Nelson Mandela and Henry Dunant, founder of…

  • Commentary posted October 7, 2014 by Stephen Moore Under Obama: One Million More Americans Have Dropped Out Of Work Force than Have Found a Job

    President Obama declared last week during a speech at Northwestern University that he has turned the economy around and that while he might not be on the ballot in November midterm elections, his “agenda will be.”  Democrats across the country cringed when they heard that one.  Right now Michelle is a lot more popular than he is on the campaign trail – much like Laura…

  • Commentary posted October 6, 2014 by Stephen Moore Beijing Should Let Hong Kong be Hong Kong

    Back in 1997 when control of Hong Kong was ceded from the British to the Chinese, the question was whether the Chinese governing system would take over Hong Kong, or Hong Kong capitalism would take over China. Well, now we know the answer — or at least the answer that the repressive leaders of China are seeking. The tragedy of Beijing blocking Hong Kong’s right of…

  • Commentary posted October 2, 2014 by Stephen Moore Fracking Could Save the Planet

    President Barack Obama raised a lot of eyebrows last week when he declared in his United Nations climate change speech: "Over the past eight years, the United States has reduced our total carbon pollution by more than any other nation on Earth." That's absolutely true. And it's remarkable because we as a nation didn't ratify the Kyoto Treaty, pass a carbon tax, or enact…

  • Commentary posted September 24, 2014 by Stephen Moore The Enduring Myth of FDR and the New Deal

    My seventh-grade son recently wrote a U.S. History paper extolling the virtues of President Franklin Roosevelt’s New Deal. “It ended the Great Depression,” he wrote with great certainty. He’s only 12 and parroting what the history texts and his teachers told him. That’s his excuse. What’s Ken Burns’? Mr. Burns’ docudrama on the Roosevelts — for those who weren’t…

  • Commentary posted September 24, 2014 by Stephen Moore The Return of King Dollar

    Maybe the U.S. economy, a weakling for the last six years, is finally starting to flex some muscle. We’re referring to the return of King Dollar. For those who haven’t been paying attention, the greenback is in the midst of a rally not seen since the 1990s. It’s racing past the euro, the yen, and other currencies. Investors worldwide are buying the equivalent of stock…

  • Commentary posted September 24, 2014 by Stephen Moore, Joel Griffith Alaska's Lessons for the Keystone XL Pipeline

    Earlier this year the Obama administration again delayed a decision about the Keystone XL pipeline. The 1,200 mile, $5.2 billion pipeline could increase North American energy security and create more than 15,000 jobs. But behind the White House's unwillingness to move forward are environmental groups that vehemently oppose the project. Groups like the Sierra Club warn…

  • Commentary posted September 23, 2014 by Stephen Moore Obama, Unions, Trial Bar Take Aim At Franchise Model

    If the Obama Administration has its way, Ronald McDonald may soon have to wipe that grin off his face as he stands beneath the Golden Arches. One of the most successful models for expanding small-business ownership in America is under full-scale attack from unions and the White House. The political strategy is to fundamentally change the legal relationship between…