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  • Commentary posted February 25, 2016 by Stephen Moore Hey President Obama, for Most Americans the Economy Is Still Weak

    Bernie Sanders says this is an economy that has been rigged with only the gains of the last decade going to the richest one percent. Hillary Clinton admits the middle class is falling behind. In fact, about the only person in America who is happy with the economy is Obama himself. Every new statistic documents what American voters keep saying: they are sick of slow…

  • Commentary posted January 20, 2016 by Stephen Moore Oil at $30 a Barrel

    The big fall off your chair moment during President Obama’s State of the Union address came when he proclaimed: “We’ve cut our imports of foreign oil by nearly sixty percent, and cut carbon pollution more than any other country on Earth. Gas under two bucks a gallon ain’t bad, either.” Sure, Mr. President. Take a bow for the smashing success of the very domestic oil and…

  • Commentary posted October 19, 2015 by Stephen Moore GOP must not allow Obama and big spenders in both parties to blow through spending caps

    It hasn't gotten much attention, but two big budget showdowns are looming in Washington in the weeks ahead. The first is what to do about raising the $18 trillion debt ceiling. And the second is whether to retain the spending caps/sequester cuts in the 2016 budget. Treasury Secretary Jack Lew announced last week that Congress will bump up against the debt ceiling in…

  • Commentary posted September 28, 2015 by Stephen Moore Illinois: The Anatomy of a Failed Liberal State

    When I grew up in the north suburbs of Chicago in the 1960s and '70s, Illinois was still a financial and industrial powerhouse. The Land of Lincoln had a low-rate flat income tax, the property taxes were reasonable, the state ran budget surpluses, and Illinois was the home of such iconic mega-employers as Caterpillar, Sears Roebuck and the Chicago Mercantile Exchange.…

  • Commentary posted July 21, 2015 by Stephen Moore A tale of two U.S. economies

    I’m asked seemingly every day if America is the next Greece or Detroit or Puerto Rico – and the answer is an unequivocal no. The U.S. economy – especially the private sector – is structurally very healthy. That wasn’t the case on the eve of the great financial meltdown of 2008, when American companies and households were leveraged up to their eyebrows. What’s different…

  • Backgrounder posted July 21, 2015 by Stephen Moore, Joel Griffith State Death Tax Is a Killer

    Over the past five years, a handful of states—Indiana, Kansas, Ohio, Oklahoma, North Carolina, and Tennessee—have repealed their death taxes mostly in response to changes in the federal tax treatment of estates, which no longer make it free for states to impose their own death tax. Two more—Maryland and New York—have enacted legislation that will gradually raise their…

  • Commentary posted July 8, 2015 by Stephen Moore As Greece collapses, the big loser is socialism

    The Green citizens have rolled the dice and voted overwhelmingly to reject the “austerity” referendum. This was a way for voters to stick a finger in the eye of their creditors. The left around the world has responded to the vote with thunderous applause – and is selling the results as a vote for “the little guy.”    The Greeks believed that voting against the debt…

  • Commentary posted June 16, 2015 by Stephen Moore The young and investment-less

    Recent polling shows a big majority of Americans think it will be more difficult for this generation of millennials to achieve the American Dream of climbing the economic ladder. That’s probably way too much pessimism, but what is troubling is the early indicators of how young people are faring in the economy and what they are doing with their money. The first bad sign…

  • Commentary posted June 12, 2015 by Stephen Moore The Fantasy That ObamaCare 'Is Working'

    [ObamaCare] is working…We haven’t had a lot of conversation about the horrors of Obamacare because none of them have come to pass. You got 16 million people who’ve gotten health insurance. It hasn’t had an adverse effect on people who already had health insurance. The overwhelming majority of them are satisfied with the health insurance… The costs have come in…

  • Commentary posted June 8, 2015 by Stephen Moore, Joel Griffith The myth of the idle rich

    President Obama recently acknowledged what every sane person knows to be true: The best anti-poverty program is a job. Mr. Obama said this at a recent conference on poverty. But he continues to repeat a falsehood over and over. This is the claim that the poor work just as hard as the rich do. Well, yes, many people in poor households heroically work very hard at low…

  • Commentary posted May 27, 2015 by Stephen Moore Using tax dollars to lobby for more tax dollars

    Here's a half-serious question: How much do taxpayers have to pay off Boeing to make the Export-Import Bank finally and irrevocably go away? If the feds wrote a check to Boeing for $100 million, would they then let the Ex-Im Bank fade away after the current portfolio winds down? I ask this because the aerospace giant is the largest beneficiary of the Ex-Im Bank. The…

  • Commentary posted May 19, 2015 by Stephen Moore Obama’s poverty mythology

    Our class warrior in chief was at it again this week complaining about our “ideological divides that have prevented us from making progress” in solving problems like poverty. Just when you thought you’d heard it all. Our most ideological president perhaps ever is arguing that there is too much ideology in Washington. Wow. Apparently, an ideology is a firmly held belief…

  • Commentary posted May 18, 2015 by Stephen Moore Judges For Higher Taxes, Not Pension Reform, In Illinois

    Last week the Illinois Supreme Court overturned a state law that would help fix the state’s notorious pension crisis. What a tragedy for the state’s taxpayers. The justices basically ruled that the pension arrangements are iron-clad, although these pensions are on a course to bankrupt the state and imperil public services that Illinois families depend on. The unions come…

  • Commentary posted May 12, 2015 by Stephen Moore Promoters of renewable energy failed to account for the return of cheap oil

    The green energy movement in America is dead. May it rest in peace. No, a majority of American energy over the next 20 years is not going to come from windmills and solar panels. One important lesson to be learned from the green energy fad’s rapid and expensive demise is that central planning doesn’t work. What crushed green energy was the boom in shale oil and gas along…

  • Commentary posted May 7, 2015 by Stephen Moore State of the Planet: Better Than Ever

    Think about this: There is no time in the history of mankind that would be a better time to be alive than today. Although most people resist this message, and perhaps it is natural to have a yearning for the simpler times of yesteryear, nearly every objective measure of the state of the planet and the state of human progress shows vast improvement over time. You can find…