by Jane Richey | Jan 8, 2014 | Free Markets
U.S. Chamber of Commerce president and CEO Tom Donohue unveiled a wide-ranging plan to create jobs through boosting domestic energy production, reforming the tax and entitlement systems and slashing red tape facing the private sector. Delivering his annual State of...
by Jane Richey | Nov 27, 2012 | Fiscal Responsibility, Politics
Washington is in a dither over the fiscal cliff. The cliff consists of roughly $500 billion in tax increases that will occur on January 1, 2013 as the Bush-era tax rates expire, along with almost $100 billion in automatic cuts in government spending resulting from the...
by Jane Richey | Aug 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
After every other recession since World War II, the U.S. economy always regained what was lost and got even stronger before the next recession began. During this “economic recovery”, we have not even come close to getting back to where we were in 2008. In...
by Jane Richey | Aug 22, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Congressional Budget Office (CBO) predicts that if tax rates rise in 2013 as scheduled, the economy will fall back into recession, shrinking by 0.5 percent in 2013. CBO made the prediction in its annual summer budget update Wednesday. “But the sharp increases in...
by Jane Richey | Aug 8, 2012 | Fiscal Responsibility, Politics
This is about the big one that got away. Not a fish, but fishing, a sport and an economic engine in decline. In recent years, the sport of saltwater fishing in New Jersey has lost more than one of every 10 jobs lost industry-wide, nearly $200 million in sales and $109...