Posts tagged ‘Fact Check’

February 14, 2013

The Labored Myths of “Job-Killing” Regulations

Regulation ScalesWith each new bit of regulation proposed a screeching chorus rises from industry pronouncing the dire consequences set to befall the country if even the slightest utterance of such rules are dared spoken. How many times have these warnings of cataclysm been heard? And how many times have they come to pass?

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February 1, 2013

TAXES! How does the U.S. measure up?

Tax returnsTaxes are always a political hot potato but over the last few years they have been the searing topic of choice as the Bush Tax Cuts’ expiration was debated by many a political pundit, each and every one of them apparent “experts”. Screams and wails about how much individual or “job creator” taxes will rise or fall should one or the other candidate wins. Constant complaints emanate from the Republican Party and the likes of Grover Norquist that taxes are too high, how any increase will destroy the economy and only lower taxes will save us all despite the large temporary cuts which have been in effect for more than a decade.

January 17, 2013

Daily Scoop: GW’s Interior Secretary’s New Bathroom Cost WHAT?

KempthorneAs we watch the congressional Republicans demand sacrificial spending cuts for not hobbling the U.S. economy over raising the debt ceiling, the cost taxpayers paid for George Bush’s Interior Secretary’s personal bathroom has come to light.Dirk  Kempthorne, former Idaho governor, served as the Bush Administration’s Secretary of the Interior from 2006 to 2008. It took six years but the bill for his personal restroom renovations has finally been released and it cost taxpayers a whopping $222,000, more than many houses cost.

December 19, 2012

Daily Scoop: Why the Bush tax cuts were enacted

Washington Post Factchecker:

GW Bush_cropWe’ve noted this history before, but many people have forgotten it. Given that the dispute over whether to extend all of the Bush tax cuts has now led the nation to the edge of the “fiscal cliff,” let’s take a trip back in time to recall why the Bush tax cuts were enacted in the first place. (The Fact Checker covered passage of the Bush tax cuts as an economic policy reporter for The Washington Post.)

Oddly, a key reason the tax cut became reality was because of a fear the United States soon would have zero debt.

November 5, 2012

Daily Scoop: Congressional Tax Report suppressed by GOP

From the New York Times

WASHINGTON — The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording.

The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.

But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.

October 23, 2012

Daily Scoop: Mitt will create 12 Million jobs in 1st Term…

Mitt Romney has touted his job creation prowes throughout the 3 presidential debates even providing us with a number, 12 MILLION new jobs during his first term. That’s great… that’s astounding! That would best even Obama’s 5.4 million new jobs over the last 2 years. But how will he accomplish this? Well, the answer is… NOTHING. In order to create 12 million new jobs within his first term Mitt Romney, President Mitt Romney will have to do nothing whatsoever… for the simple reason that those 12 million new jobs are ALREADY slated to be created under current Obama policies. As with foreign policy, all Mr. Romney has to do is continue with what has already been done under the Obama presidency.

October 19, 2012

Where Obama Invests His Money

During the 2nd presidential debate Mitt Romeny threw a glancing, barely above the belt gut shot at the President attempting to link Obama’s investments to China and the Caymans. It was a to blunt the Obama campaign’s foreign investment attacks against the former governor who has significant sums invested in the Cayman Islands, China and other countries. The attacks were meant to call into question Romney’s loyalties to America. His sidelong blow against the President on this topic proves fairly weak when assessed in full.

October 17, 2012

Armchair Debating Mitt Romney

The 2nd presidential debate last night was nothing if not exciting and tension filled. The Obama we knew from 2008 was back with fervor while Romney fought back hard to maintain his momentum and success from the first debate. There were several moments of clear disagreement or misunderstanding of the facts between the two candidates. Romney pressed the president on oil and gas permitting, the actual events surrounding the attack in Benghazi, budget deficits and immigration. The President, while much improved this time around, was unable to fully push back. So to play a bit of armchair debating and employ a healthy dose of 20/20 hindsight let’s revisit a few of these issues from last night.

October 15, 2012

Obama’s Debate To Do List

Given the President’s disappointing performance during the first presidential debate and Mitt Romney’s approval bounce, it is quite clear that Obama needs to regain his focus. He needs to locate the master debater we witnessed in the 2008 campaign. But what is also clear is the President has to both challenge Romney on the multitude of his false claims and call him out over the Republican candidate’s continual flip-flopping.

October 11, 2012

Daily Scoop: Does Republican’s 9,000 year old Earth hold water?

U.S. House Rep. Paul Broun, a Georgia Republican, doesn’t believe in evolution, the Big Bang theory, or the teachings of embryology. In fact, in a Sept. 27 talk at Liberty Baptist Church in Hartwell, Ga., the member of the House Committee on Science, Space and Technology, who is also a medical doctor [a field of study rooted squarely in Biology, a scientific discipline based wholly on the Theory of Evolution] called those areas of science “lies straight from the pit of hell.”

But Broun also advanced his own theory of life on Earth.

“You see, there are a lot of scientific data that I’ve found out as a scientist that actually show that this is really a young Earth,” he said. “I don’t believe that the Earth’s but about 9,000 years old. I believe it was created in six days as we know them. That’s what the Bible says.”

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