A Lincolnian Economic Primer for Obama
Those parsing President Obama's speech on Lincoln's birthday may not find much of Abraham Lincoln in it, beyond the symbolism. Let us hope that Mr. Obama uses the remainder of his term to get his policies right by Lincoln rather than misconstrue history in an effort to align the 16th president's pol...
Obama’s "New Normal": Tepid January Jobs Report, High Unemployment Continues
Rep. Kevin Brady (R-TX), incoming Chairman of the Joint Economic Committee, said context is needed in today’s Bureau of Labor Statistics’ (BLS) report that the economy added 166,000 private sector payroll jobs in January and the unemployment rate rose to 7.9%. “This is Obama’s new normal: a run-in...
Look Behind the Fourth Quarter Numbers
U.S. Representative Kevin Brady (R-TX), the Chairman-designate of the Joint Economic Committee, released the following statement on the new economic data which shows America’s economy shrank for the first time in three and a half years: "This stunning contraction can’t be blamed simply on defense...
Brady Disputes Short Term Debt Limit Extension Will Raise U.S. Borrowing Costs
Rep. Kevin Brady (R-TX), incoming Chairman of the Joint Economic Committee and a senior member of the House Ways and Means Committee, took issue with the claim made by Rep. Sander Levin, ranking member of the House Ways and Means Committee, that “The Treasury was forced to spend $1.3 billion more in...
Brady Disputes Short Term Debt Limit Extension Will Raise U.S. Borrowing Costs
Rep. Kevin Brady (R-TX), incoming Chairman of the Joint Economic Committee and a senior member of the House Ways and Means Committee, took issue with the claim made by Rep. Sander Levin, ranking member of the House Ways and Means Committee, that “The Treasury was forced to spend $1.3 billion more in...
Without More Private Investment, Growth and Job Creation Will Remain Unacceptably Weak,” Brady says.
Rep. Kevin Brady (R-TX), Chairman-designate of the Joint Economic Committee, commented on today’s Employment Report from the Bureau of Labor Statistics (BLS) that the U.S. economy added 168,000 private sector payroll jobs in December 2012 and that the unemployment rate remained steady at 7.8% during...
Brady says, “Fed Action is Wrong Prescription for What Ails Economy”
Rep. Kevin Brady (R-TX), Vice Chairman and top Republican on the Joint Economic Committee, today said the Federal Open Market Committee’s decision to expand its quantitative easing by purchasing $45 billion of long-term Treasury bonds, “a continuation of unnecessary and dangerous monetary policy to ...
Job Creation Still Too Slow
Rep. Kevin Brady (R-TX), Vice Chairman and incoming Chairman of the Joint Economic Committee, called today’s news that the U.S. economy added 146,000 nonfarm payroll jobs, including 147,000 private payroll jobs, during November “unimpressive.” He noted that after all the administration’s proclamati...
