05.29.2015 in Economy, Featured by NetRight Daily 3

Ex-Im Bank’s cozy relationship with private lender

By Nathan Mehrens In the current Congressional debate over whether the Export-Import Bank (Ex-Im Bank) should be reauthorized, one aspect of its activities has received little, if any, attention. Since 1970, the Ex-Im Bank has maintained a cozy relationship with the Private Export Funding Corporation (PEFCO). The “PEFCO is a private sector, tax-paying entity.” It “was established in 1970 with […]

Cartoon: Wage war

By A.F. Branco Click here for a higher resolution version.

05.27.2015 in Economy, Featured by NetRight Daily 15

Blame Ex-Im reauthorization on Ted Cruz

By Robert Romano But for a promised vote on reauthorizing the Export-Import Bank, legislation granting trade promotion authority to President Barack Obama to negotiate the Trans-Pacific Partnership might have failed. Or is it the other way around? Ahead of Senate passage of trade authority on May 22, Senate Democrats were again promising to filibuster the bill — unless some additional […]

05.20.2015 in Economy, Featured by NetRight Daily 41

Medicaid’s death tax on the poor

By Robert Romano Thinking about going on Medicaid? $497.9 million. That is how much the Medicaid program recovered from the estates of deceased patients in Fiscal Year 2011, according to a program inspector general report. Asset seizure has long been a part of the Medicaid program since 1965, and since 1993, it has been used to help states recoup the […]

05.19.2015 in Economy, Featured by NetRight Daily 59

Republicans backtrack on fast track

By Robert Romano “I’ve said that the only way I would give fast track trade authority to a president, was if it was a president that could actually trust and negotiate well, and after watching the way this president has negotiated with folks in Iran, I have real concerns about giving this president the ability to negotiate on his own.” […]

05.15.2015 in Economy, Featured by NetRight Daily 5

GOP fast track to the minority

By Robert Romano Trade promotion authority for the president to negotiate commercial treaties — which pass with simple majority votes in both chambers of Congress — has lapsed since 2007, when Democrats had majorities. Once Barack Obama became president, Democrats never granted him trade authority. They could have. But they never did. Now, suddenly, with Republicans in the Senate majority, […]

05.12.2015 in Economy, Featured by NetRight Daily 9

The GOP, economic populism, and ‘that giant sucking sound’

By Robert Romano The National Review’s Quin Hillyer had a very interesting piece on May 11 that points to the Republican voter turnout deficit in 2012 among what Sean Trende at Real Clear Politics described as “largely downscale, Northern, rural whites. In other words, H. Ross Perot voters.” Here, Hillyer and Trende are pointing to the 2.5 million potential Republican […]

05.08.2015 in Economy, Featured by NetRight Daily 18

Why does the left hate entry-level jobs?

By Rick Manning Why does the left hate entry-level jobs? That’s what many former fast food workers must be asking themselves after massive increases in the minimum wage in places like Seattle, Washington are being blamed for a wave of restaurant closures. Closures that deprive entry-level workers an opportunity to gain the work skill sets needed for the rest of […]

05.06.2015 in Economy, Featured by NetRight Daily 1

Slow economy or snow economy?

By Robert Romano 0.8 percent. That is how much winter weather knocked off the Gross Domestic Product estimate by the Bureau of Economic Analysis, which came in at just 0.2 percent in the first quarter, says St. Louis-based Macroeconomic Advisers. The firm finds a small link between the amount of snowfall in areas of high population and economic output. “The […]

05.05.2015 in Economy, Featured by NetRight Daily 8

Sessions: Top five concerns with trade promotion authority

By Sen. Jeff Sessions Adapted from a statement at http://www.sessions.senate.gov/public/index.cfm/2015/5/critical-alert . Congress has the responsibility to ensure that any international trade agreement entered into by the United States must serve the national interest, not merely the interests of those crafting the proposal in secret. It must improve the quality of life, the earnings, and the per-capita wealth of everyday working […]

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