James Pethokoukis

An economic inflection point for Obama?

July 8, 2009

The current state of Obamanomics, according to former White House economist Keith Hennessey:

The healthcare surtax and US competitiveness

July 8, 2009

The Cato Institute put together a nice chart looking at global tax rates:

tax-rates

A lose-lose proposition for Obama

July 8, 2009

My sometimes CNBC debating partner Noam Scheiber wonders at what point people totally start freaking out over the unemployment rate, ┬áso much so that they don’t care about the deficit:

Maybe this is why the stimulus isn’t creating tons of jobs yet

July 8, 2009

Here is what the Government Accounting Office is saying about the progress of stimulus spending:

Obama, Congress made the stimulus ineffective as stimulus

July 8, 2009

Dan Clifton of Strategas Research makes some great points on the choices the Obamacrats made when constructing the stimulus plan:

Healthcare surtax another burden on US economy

July 8, 2009

As you are contemplating the idea of a (perhaps ) $300 billion surtax on wealthier Americans to help pay for healthcare reform, consider that ALREADY the potential growth rate of the US economy has been lowered by all the government intervention in the economy. In a recent research note, economist David Rosenberg said he was worried about the price-earnings ratio of the stock markets: