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Patriot Update

Tag Archives: Economics

Post: Obama Says Romney’s Tax Plan Favors Wealthy Only

President Obama assailed Mitt Romney for “top-down economics” in his ninth trip this year to this battleground state, brandishing a new study showing that Mr. Romney’s plans would mean additional large tax cuts for millionaires at the expense of … Continue reading →
Post: There You Go Again

There You Go Again Making Sense, by Michael Reagan There you go again, Mr. Obama — again and again and again, engaging in class warfare. Trying to make voters think Mitt Romney cares more about the … Continue reading →
Post: Difficult Economics Lessons

One of the more difficult lessons to teach economics neophytes — and, many times, trained economists — is that economic theory cannot say anything definitive about subjective statements, such as what’s better, good, bad or worse. … Continue reading →
Post: The Donald trumps the Bible on financial advice

When it comes to financial advice in these tough economic times, more Americans today would rather take advice from business mogul Donald Trump than from the Bible. According to a survey conducted in February by two … Continue reading →
Post: 5-year-old gives Americans economic lessons via YouTube

Hudson Hinckley is only five years old, but he has a message for the voters of Rhode Island. Actually, he has several of them. Hudson is the son of Rhode Island U.S. Senate candidate Barry Hinckley, … Continue reading →
Post: Obama promotes modest American dream

This time around, President Barack Obama’s message can sound decidedly down-to-earth. Four years after winning the White House, Obama is dealing with a different economic and political reality as he seeks re-election. He’s focused less on … Continue reading →
Post: The Problem With Rights

Everything is a right. Right? Well, maybe not, but looking at the changing culture we find ourselves in, more and more goods seem like they are being pushed into that category. Some would say that food … Continue reading →
Video: The Truth about Social Security

A look back at how Social Security was originally sold to the American people and how it has transmogrified into a massive unfunded liability. Commentary by Milton Friedman and Walter E Williams.
Post: Krugman Shocker: 1990s Economic Boom ‘Had Nothing Much To Do With Bill Clinton’

For years, Democrats and their media minions have maintained that the economic boom of the ’90s was caused by the fiscal policies of President Bill Clinton, in particular his 1993 income tax hike. Appearing on ABC’s … Continue reading →
Video: Walter E Williams – Economics of Liberty

Excerpts from the speech “The Entrepreneur As American Hero,” delivered by Dr. Walter E Williams, John M. Olin Distinguished Professor of Economics, George Mason University. More videos and information on issues of liberty is available at … Continue reading →