Mar 24, 2009 ... President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. ... Overall, President Obama's budget would add twice as much debt as President Bush over the same number of years. ..... What I do know is that as of this week our deficit is almost at 15 Trillion. (check ...
Jun 14, 2012 ... The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today. Waving a planted press commentary, Obama recently claimed on the campaign stump, “federal ...
ROBERT B. REICH is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for Developing Economies. He served as Secretary of Labor in...
Apr 12, 2011 ... In 2007, Congress debated whether hedge-fund managers should pay the top tax rate that applies to wages, bonuses and other compensation for their labors, which is 35 percent. That tax rate starts at about $300,000 of taxable income—not even pocket change to Paulson, but almost 12 years of gross pay ...
Jul 11, 2011 ... Republicans howl that the deficit is President Obama's fault, because he has exploded government spending and failed to fix the economy. Democrats roar that President Obama inherited a catastrophic economic mess, that this mess will take time to clean up, and that our massive deficit is therefore ...
Three years ago, a newly elected President Obama told America that if Congress approved his plan to borrow nearly a trillion dollars, he would hold unemployment below 8 percent.