On Monday, former Massachusetts Gov. Mitt Romney announced he was forming an exploratory committee in order to make a 2012 run at the presidency. (more)
Though it has been a mixed-bag of reaction over the $38.5-billion deal on the spending bill reached late Friday evening, CNBC host Larry Kudlow saw it as a significant change in course of U.S. economic policy. (more)
On Friday, the Labor Department released it March jobs report showing a significant drop in the jobless rate – to 8.8 percent, a full percentage lower from November 2010, which the Los Angeles Times reports is the steepest drop in nearly three decades. (more)
Economics was dubbed “the dismal science” in the 19th century, and Thomas Sowell thinks the current political leadership is making U.S. economic policy live up to that reputation. (more)
The January employment report was a complete snow job. Abominable winter blizzards across the country caused 886,000 workers to report “not at work due to bad weather,” according to the Bureau of Labor Statistics. This is 600,000 more than the normal 300,000 not at work for the average January of the past decade. (more)
Although some prognosticators are trying to envision a scenario where New Jersey Gov. Chris Christie might seek higher office, specifically the presidency of the United States, Christie himself isn’t ready to embrace those scenarios. (more)
Can GE CEO Jeffrey Immelt talk President Obama into a major corporate tax cut? Immelt has been appointed to the new Council on Jobs and Competitiveness, which replaces the disbanded Paul Volcker Economic Recovery Advisory Board. Immelt was a member of that original board. Now he has a more elevated position in the Obama 2.0, allegedly pro-business, move-to-the-center Clintonesque White House. (more)
“Stop the bad stuff” is what John Boehner told a bunch of us at breakfast a few weeks before the election. That’s how he defined the GOP mission. Now he’s speaker. (more)
The past is not always a prologue to the future. But looking at some of the big winners and losers of 2010 does provide some strong hints of a positive 2011. (more)
For once, top Obama economic advisor Larry Summers got it right. Warning opponents of the big tax-cut deal, Summers told reporters, “Failure to pass this bill in the next couple weeks would materially increase the risk that the economy would stall out and we would have a double-dip recession.” (more)
Unemployment jumped to 9.8 percent in a very disappointing November jobs report. Nonfarm payrolls increased by only 39,000 and private jobs expanded by just 50,000. This is way below what the economy needs. Most discouraging, the smaller-business household employment number fell for the second time in a row, down 173,000 in November after a 330,000 drop in October. This is the nineteenth straight month with unemployment above 9 percent. (more)
Momentous events this week — the Republican House sweep and the Fed’s QE2 — moved the stock market needle only a little over Tuesday and Wednesday, although the net impact was a gain of about 90 points. (more)
Believe it or not, with jobs falling for four consecutive months and unemployment stubbornly high near 10 percent, President Obama is out on the campaign trail bashing businesses and promoting class warfare. Huh? Oh my gosh is he off message. (more)
Friday’s unemployment report for September, the last before the election, brought more bad news for the Obama Democrats. (more)
At a small, informal breakfast in Midtown New York Tuesday morning, House Republican leader John Boehner said the lame-duck Congress, scheduled roughly for November 15 through December 22, will pass a bill that extends all the Bush tax cuts. And he said President Obama will not veto that bill. (more)
Am I the only one who saw weakness when President Obama and his departing chief of staff Rahm Emanuel gave each other big, fat, full-bore hug following their speeches at the resignation event in the White House’s East Room on Friday? (more)
This past week I gave a speech to a group of investors. The organizer of the event e-mailed me the night before, asking that I please try to be optimistic. Well, that’s my usual habitat. But optimism has been hard for me this year. Our muddle-through economy and lackluster stock market, challenged by so many taxing, spending, and regulating problems coming out of Washington, are the reasons why. (more)
Corporate profits are at all-time highs and bond rates in the Treasury market are virtually at record lows. That’s a good combination for stocks, and it helped trigger a 255-point rally in Wednesday’s trading. What’s more, a surprisingly positive read on the ISM August manufacturing report delivered a strong blow to the double-dip recession pessimism that has plagued investors for many months. (more)
With the disappointingly soft jobs report for July, and a faltering recovery overall, is Team Obama getting ready for some sort of new, liberal-left, Keynesian, big-bang stimulus package? Will they be desperate to “do something”? (more)
The liberal tax revolt, as the Wall Street Journal is calling it, is a very important topic — especially for investors and small-business entrepreneurs. And for new jobs. (more)






















