James Pethokoukis

A healthcare plan to save Obama’s presidency

August 17, 2009

President Barack Obama has told Americans to be skeptical of reports of an end to the recession, saying the downturn has “many more months” to run. Given the recent retail sales data, Americans seem to be listening to their economist-in-chief.

Taxes? Through the roof, America!

August 17, 2009

There was a Saturday Night Live skit after the 1988 election called “Dukakis after Dark.” In it, failed veep candidate Lloyd Bentsen asks failed presidential candidate Michael Dukakis, “You were going to raise taxes, weren’t you?” Dukakis, wearing a Hugh Hefneresque smoking jacket, shiftily replies: “Through the roof.”

Oh, about that U.S. economic recovery …

August 17, 2009

What might stand in the way of a robust economic turnaround. Gary Becker outlines the following factors: