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By Jonah Goldberg | October 11, 2012
"Now Gov. Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper. In other words, he'd double down on the same trickle-down policies that led to the crisis in the first place. " -- President Barack Obama in an ad released Sept. 27. This is President Obama's core message. In one way or another, he says it all the time. It's his kicker on the stump. You cannot watch an interview with the president or one of his subalterns without hearing it. And yet, I don't think I've ever heard a TV interviewer, host or pundit ask, "What are you talking about?"
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EDITORIAL FROM THE AEGIS | October 11, 2012
It's been a tough several years, and things may be easing, if only a little. Or maybe we're just getting used to it. The news that Harford County Executive David R. Craig is proposing a 4 percent pay raise for county government employees, sheriff's deputies and library staff no doubt comes as welcome news for those who can expect to be paid a little more for their services. After all, with a couple notable exceptions, most of the folks haven't seen pay raises since mid-2008, just before the economy tanked.
NEWS
October 10, 2012
As this page has devoted much ink to criticizing Republicans in Congress for hardening their positions on matters of federal tax and budget policy to the point where compromise is impossible, it is beyond disappointing to see a leading Senate Democrat engaging in similar behavior. Whether it's equivalent or not, Sen. Charles E. Schumer went too far this week when he rejected any possibility of lower tax rates for the wealthy. Mind you, we understand where Senator Schumer is coming from.
NEWS
Thomas F. Schaller | October 2, 2012
If a politician rose in the well of Congress to urge his colleagues to take action to repel the recent Martian attack, he'd be laughed out of office and strongly encouraged to get his head examined. Pondering solutions to imaginary problems is public policy insanity. So I ask: Given that the threat of socialism swallowing America is as imaginary as a Martian invasion, why aren't politicians and television pundits who warn that something must be done to reverse redistributive welfare in the United States also treated with dismissive ridicule?
NEWS
By Peter Morici | September 10, 2012
The economy added 96,000 jobs in August, down from 141,000 in July and not nearly enough to keep pace with population growth. The unemployment rate fell to 8.1 percent only because 581,000 workers quit looking for work and are no longer counted in the tally. In the weakest recovery since the Great Depression, the entire reduction in unemployment from its 10 percent peak in October 2009 has been accomplished through a significant drop in the percentage of adults participating in the labor force - either working or looking for work.
NEWS
September 8, 2012
Perhaps it was the expectations raised by his far more eloquent appearances at earlier conventions, or maybe it was the modest ambitions he embraced, or that he labored in the shadow of Bill Clinton's rousing defense of his administration, but even the most hard-core Democrat would have to concede that President Barack Obama's acceptance speech to his party's national convention was neither especially memorable nor ambitious. If the message of the Republican National Convention can be distilled to, as Mr. Clinton memorably described it, "we left him a total mess, he hasn't cleaned it up fast enough, so fire him and put us back in," then perhaps the Democratic National Convention might be boiled down to "we're doing the best we can with this mess so be patient, and, oh, by the way, that other guy would be a lot worse.
NEWS
September 1, 2012
I keep hearing the Republican mantra that we need to reduce taxes, especially on the super rich. That's why they keep extending the Bush tax on them. They say that with these lower taxes on the top 2 percent, money goes back into the economy, businesses thrive, and as a result more jobs are created. If this is true, why am I not seeing the results of more jobs being created? David Gosey, Towson
NEWS
By Annie Linskey, The Baltimore Sun | August 13, 2012
A key House committee voted Monday night to guarantee deeper tax breaks for some Maryland casino operators, the most significant change so far to Gov.Martin O'Malley's gambling bill. The gambling expansion measure, as amended by the Ways and Means Committee, was expected to move to the floor of the House of Delegates for debate Tuesday. Among other changes, the Maryland Live casino at Arundel Mills would see its tax rate cut from the current 67 percent to 51 percent over the next couple of years - with an option to bring it down to 49 percent if an independent commission agreed.
NEWS
August 3, 2012
I find it amusing that The Sun claims the bill passed by the GOP-led House extending the Bush-era tax cuts are merely "symbolic" - presumably because the writers at The Sun know the bill will never pass the Democratically held Senate ("GOP pushes symbolic tax bill through House, Aug. 2). Yet when the Senate passed its version of the bill, which extends the Bush tax cuts except on those making over $200,000 a year, it wasn't considered symbolic, even though there was just as much certainty that the Senate bill would be voted down in the House.
NEWS
By Robert B. Reich | August 1, 2012
The worst economy since the Great Depression, and you might think at least one of the candidates would come up with a few big ideas for how to get us out of it. But you'd be wrong. Neither candidate wants to take any chances by offering any large, serious proposals. Both are banking instead on negative campaigns that convince voters the other guy would be worse. President Obama has apparently decided against advancing any bold ideas for what he'd do in the second term, even if he has a Congress that would cooperate with him. He's sticking to a worn script that says George W. Bush caused the lousy economy, congressional Republicans have opposed everything he's wanted to do to boost it, it's slowly on the mend anyway, the Bush tax cuts shouldn't be extended for the rich, and we shouldn't take a chance electing Mitt Romney.
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