Blue Chip Forecast Downgrades the Obama Economy
The Blue Chip consensus downgraded its forecast for real GDP growth by 0.1% for the last three quarters of 2012 and the entirety of 2013. However, this forecast assumes that the expiring Bush tax cuts will be renewed, the Eurozone situation will not worsen, and China’s economy will have a soft land...
Congressman Brady Talks on CNN July 9 2012
IT'S OFFICIAL: Obama Recovery Now Ranks Dead Last in Modern Times
With the new June jobs report in hand, President Barack Obama's economic recovery now ranks as the worst in modern times in terms of both job creation and economic growth, says the GOP leader of Congress's Joint Economic Committee. Texas Congressman Kevin Brady, the top Republican on the Joint Eco...
Brady Sees Court-Sanctioned Taxes As a Means of Limiting Freedom
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, said today that the Supreme Court, in essence, approved the use of tax to restrict the freedom of Americans. “I am reminded that an earlier Chief Justice, John Marshall, warned us in the early days of the republic that the ‘pow...
Brady Says “Fed Policy Statement Confirms Failure of Obama’s Economic Policies”
Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee and senior member of the House Ways and Means Committee, made the following comments on today’s Federal Open Market Committee policy statement. “The FOMC pronouncement that the economy remains weak and that ‘growth in employment...
