Independent voices from the TWT Communities
In the sixth month of his second term, President Obama is still putting his national security team together and trying to figure out what he wants to do during the remainder of his presidency.
From pro athletes who waste money at their charitable foundations to federal employees who don't pay their taxes, legislators have a few suggestions for whom the IRS should have been scrutinizing instead of going after partisan organizations.
While the Dow Jones industrial average merrily soared to new highs on Wall Street, it was a much more sobering and even depressing story on Main Street America.
President Obama was back on the campaign trail Tuesday, preaching doom and gloom over the approaching budget cuts that will likely take place in March.
Northeasterners affected by Tuesday's massive storm are beginning the process of assessing the damage. Initial estimates suggest it could cost anywhere from $20 billion to $100 billion to bring things back to where they were before Hurricane Sandy struck.
Finally, a pollster asked voters the one question that matters in this presidential election: Does Barack Obama know how to fix the economy?
August's abysmally weak job growth proved yet again that President Obama's economic policies are a miserable failure that will continue to undermine our country until he leaves office.
There was a huge, gaping hole in former President Bill Clinton's defensive speech Wednesday night on behalf of Barack Obama's bid for a second term.
President Obama is expected to thrill supporters Thursday night when he speaks at the Democratic National Convention, but the good feeling could be short-lived with the arrival of a critical jobs report to be released Friday morning.
What will the job-starved Obama economy look like during the next few years if he were to win re-election in November?
The labor market improved last month after a soft spell in the spring, with businesses creating 163,000 more jobs in a wide range of occupations from health care to manufacturing, the Labor Department reported Friday morning.
The free-trade consensus of the previous two decades has frayed under President Obama, and while he has pushed through some low-level agreements, he has fallen far short of his predecessors on this key driver of the nation's economy, and analysts say the U.S. is lagging behind many of its chief competitors.
It should be clear by now that President Obama is running against the U.S. economy, and as of last week, the economy was beating him.
There's a disconnect between the economy's relentless slowdown in the fourth year of Barack Obama's presidency and the sideshow issues he's raising on the campaign trail. Actually, "issues" is a gross exaggeration of the sleight-of-hand politics he's practicing right now in a desperate bid to save his presidency.
The sharp slowdown in hiring stunned President Obama's worried campaign strategists Friday, fueling deeper doubts about a second term.
"I have been of a mind that it is probably abused — used to transform compensation into capital gains," Mr. Morici said in an email.
He said he recently read that the IRS is taking a closer look at issues surrounding "carried interest," a type of profit paid to investment managers that is taxed at a generally lower rate than regular income.