Blog

Battle of the Pauls: Why Krugman's Attack on Rep. Ryan Falls Flat

According to Paul Krugman Republican politics is characterized by pathological dishonesty. That is to say, he feels that many Republicans in Congress, in their heart of hearts, understand certain things – that stimulus is good, that budget cuts are bad, and that deficits are neither good nor bad – it’s just that they are too afraid to admit it to voters. Krugman summed it up thusly in a recent column, “Once you’ve decided to hide your beliefs and say whatever you think will get you the nomination, to pretend to agree with people you privately believe are fools, why worry…

Higher Deficits and Less Care the Predictable Side-Effects of Obamacare

“Our approach would bring down the deficit by as much as $1 trillion over the next two decades” – President Obama, January 2010 in the State of the Union. Obama may have use deficit reduction as one of the primary points in his sales pitch of Obamacare, but conservatives had their doubts all along. Since the early days of the debate over the bill we highlighted the numerous budgetary gimmicks and tricks that were designed to hide the bill’s true costs. Of course, we weren’t alone in the assessment. Even CBO Director Doug Elmendorf wrote that, “CBO’s cost estimate noted…

Hiring Office Manager/Executive Assistant

The CRNC is looking for someone to fill a role as Office Manager and Executive Assistant. The job well-suited for a fairly recent graduate who wants to get involved in the political process. Candidates already located in Washington are preferred. In addition to general office administrative support, one of the primary responsibilities will be planning our 2013 CRNC Convention.  The individual must be very organized, detail-oriented and have excellent interpersonal skills.  Position will start around mid-May. Please contact Michael Antonopoulos (michael.antonopoulos@www.crnc.org) or Alex Schriver (alex@www.crnc.org) for more information. Job posting below. The College Republican National Committee (CRNC) is looking to hire…

Boosting Economic Growth Key to Young Adult's Future Prosperity

Earlier, we blogged about Republicans’ attempt to contrast Obama’s “economy built to last” theme with their own “economy built to grow.” There is no doubt that economic growth is the key ingredient to both ensuring Americans maintain their standard of living and solving our debt crisis. According to research by economist Donald Marron each percentage point of additional growth adds approximately $2.5 trillion to federal revenues over the next decade – all without raising taxes. That’s huge. The problem is that the American economy currently isn’t growing like it should. Here’s Edward Lazear, former chairman of the President’s Council of…

Forget an "Economy Built to Last," We Want One Built to GROW

President Obama has tried to sell voters on his economic vision of an “America built to last.” It was a slogan that sounded awfully similar to one that Ford used in the past; ever the more ironic considering Ford was the only of the ‘big three’ auto companies that refused the government bailout. But that pretty much summed up Obama’s vision for America’s economy: rather than reward innovation and encourage creative destruction, it was a plan to prop up failing businesses and pump taxpayer cash into questionable ventures. It was a strategy that sought to preserve the past, not embrace…

Disappointing New Job Numbers Reveal Weakness of Obama's Recovery

It was the best of times, it was the worst of times. Unfortunately, the best of times happened solely in the minds of economists who had predicted another strong jobs month. Here’s Bloomberg’s preview: “Employers probably added more than 200,000 workers to payrolls in March for a fourth straight month as US companies gained confidence sales will keep improving, economists said before a government report today. . . The pickup in jobs has propelled consumer sentiment to a four-year high, boosting the odds household spending, which accounts for 70 percent of the economy, will keep growing.” Such predictions led commentators…

Obama's Shocking Attack on the Supreme Court A True Threat to Founder's Vision

For a Harvard law graduate and University of Chicago law professor you’d think President Obama would have a better handle on one of the most famous Supreme Court cases in the history of, well…history. The case is Marbury v. Madison and it helped form the basis for the exercise of judicial review in America. As a law graduate myself I can testify that it is the first case a first year law student is likely to learn about because it formed the foundation for the entirety of Supreme Court jurisprudence to follow. Although the details of the case are complicated…

New Senate Study: Obamacare Adds $17 Trillion to Unfunded Liabilities

“May the odds be ever in your favor.” The phrase, made famous by the wildly popular Hunger Games, became all the more meaningful given last week’s Mega Millions drawing. As used in the book the words are at once sardonic and naïve. A mixture of stunning ambivalence to surefire tragedy and comic brio in the face of long odds. The words were spoken by the bourgeois residents of the Capitol to the unfortunate “tributes” who would soon fight to the death. Twenty-four children go in, but only one comes out. Of course it’s much better odds than winning the lottery….

Have Democrats Forgotten that Medicare Premium Support Was Their Idea?

“How queer everything is today! I wonder if I’ve been changed in the night? Let me think: was I the same when I got up this morning? I almost think I can remember feeling a little different. But if I’m not the same, the next question is, Who in the world am I? Ah, that’s a great puzzle…” – Alice, Alice in Wonderland The above quote comes from one of the most famous scenes from Lewis Carroll’s Alice in Wonderland when Alice finds herself yo-yoing between different sizes, at times giant in need of getting out of a small door…

Higher Taxes and More Spending Dominate Democrats' Various Budgets

In the 19th century historian Thomas Carlyle gave economics its now-famous label of the “the dismal science.” Indeed, his writings went even further, labeling the discipline a “dreary, desolate and, indeed, quite abject and distressing [science].” The reason was simple – economics is the study of trade-offs, given scarce resources how do individuals maximize their wellbeing. It’s a study of why we can’t have everything we want. Budgeting rests on largely the same principle. The federal government has a finite amount of income which it must use to finance a certain amount of expenditures. For the past several years the…