I break from a majority of Republicans on the current fiscal cliff negotiations and believe the rate increases that Democrats are seeking should eventually be agreed to. More specifically I would support John Boehner signing on to taking the top bracket from 35% to...
Out with the old, in with the new, goes the standard cliche every year about this time. No, this is not a reference to Nancy Pelosi's age, although incoming House Speaker John Boehner is 9 years younger. Speaker Boehner does represent a new attitude and the resulting optimism is being reflected in the markets and the broader economy.
Consider:
Retail sales, Christmas sales, were up significantly over 2009
Consumer and business confidence for November and December have inched higher
Jobless numbers are moving downward, evidenced by today's ADP employment report that suggested 297,000 new private sector jobs were created in December (this is a big number!)
This is not a coincidence. This is, however a [...]
The Republican Protest of the No-Vote Vacation continues today, with no end in sight. CSPAN showed the following press conference (video courtesy John Boehner’s office) featuring House Minority Leader John Boehner (Ohio), Mike Pence (Indiana), and Jon Porter...