US Economy

The political season has barely begun, and yet we already know that class warfare will be President Obama’s key issue in the 2012 general election. It’s even reared its ugly head in the Republican primaries, with the candidates trying to paint front-runner Mitt Romney as a cold-hearted capitalist and Rick [...]

While so much attention has been turned to Newt Gingrich’s catastrophically mistaken attack on Mitt Romney’s Bain Capital, free-market capitalism, investment, and profits, a potentially much more significant development occurred in the New Hampshire debate Saturday night. For the first time, Mitt Romney embraced a much bolder tax-reform plan. http://www.nationalreview.com/articles/287745/mitt-s-big-next-step-tax-reform-larry-kudlow [...]

Employment: The White House spins the new job numbers as evidence the economy is coming back from the Bush recession. Truth is, the economy continues to struggle against the weight of Obama’s misguided policies. Friday’s numbers showed employment climbing 200,000 and the jobless rate dropping for the second month in [...]

Rick Santorum has social conservatives to thank for his strong showing in Iowa, but his ability to win the GOP nomination and defeat President Obama will hang on his economic message. So it’s a good moment to sort the good from the bad in the former Pennsylvania Senator’s current agenda [...]

Rhode Island’s liberal politicians team up to pass a series of proposals conservatives have been touting for years…sadly, this is news. Good news in politics is rare these days, but an event that qualifies is the liberal state of Rhode Island’s recent landmark pension reform. Gina Raimondo, the state treasurer who led [...]

Obama set to campaign practically all year. Election 2012: The Obama presidency may epitomize incompetence, but his campaign will be the slickest, most vicious ever. With so much at stake for America, Republicans better be ready for war. Gathering in their schools, church halls and neighbors’ homes to discuss who [...]

Zombie economies are merely limping along. Bridgewater Associates has made big money for investors in recent years by staying bearish on much of the global economy. As the new year rings in, the hedge fund firm has no plans to change that gloomy view. Robert Prince, co-chief investment officer at [...]

World’s largest economies need $7.6 trillion in bonds in the coming year. Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs. Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for [...]

Newt finds a message but will it matter. It is nearly caucus time, and Newt Gingrich has found his closing argument. The question is whether it comes soon enough to save his campaign. Mr. Gingrich rolled into this state on Tuesday with a new focus on pro-growth economic policies and [...]

Is increased productivity keeping unemployment high? EVERYONE complains that corporate America is reluctant to hire additional workers. Far less attention has been paid to the flip side of the jobless recovery: the remarkable improvement in American productivity. How long can this continue? “I see no limit,” says William Hickey, the [...]