The good should never be the evil of the perfect. House Speaker Paul Ryan's health care bill is a very good first step. Massive repeal of Obamacare tax hikes will be great for the economy. Getting rid of the Affordable Care Act mandates will be great for health care. Private-sector competition and choice are always better than government-run anything. The Republican Party has to practice bipartisanship within itself.
The mark of great presidents is optimism -- visionary optimism and transformational optimism. During Tuesday night's remarkable speech before Congress, President Donald Trump was brimming with optimism from start to end. My guess is that his marvelous speech will imbue and inspire new optimism and confidence throughout the entire country.
Virtually the whole world is beating up on the Trump administration for daring to predict that low marginal tax rates, regulatory rollbacks and the repeal of Obamacare will generate 3 to 3.5 percent economic growth in the years ahead.
On the very day President Donald Trump's incentive-based tax and regulatory policies are put in place, former President Barack Obama's war on business will have officially come to an end. No longer will American companies be punished by uncompetitive rates of taxation and unnecessary rules and regulations.
In all the media back and forth over President Donald Trump's inaugural speech, most have missed a central point: His address was infused with a wonderful sense of optimism.
Perhaps the reason for President Obama’s flat and energy-less speech Thursday night -- TV cameras panning the convention floor actually showed delegates falling asleep -- was that he already knew Friday’s jobs numbers were going to be a disaster. The August unemployment report completely punctured his argument that if you just give him four more years, his policies will solve the economy.
In front of a spirited crowd that packed the Tampa Times Forum, Chris Christie gave a solid speech which echoed Mitt Romney's programs consisting of substantial budget cuts, tax cuts, and entitlement reform.
“The purpose of economic policy is growth, jobs, and prosperity,” supply-side founder Art Laffer told me today. As such, Laffer has endorsed Newt Gingrich and the Gingrich 15 percent flat-tax plan, which includes the 12.5 percent corporate-tax reform. “It’s nothing against the other candidates,” Laffer said. “But Newt’s plan is right, and therefore endorsing him is the right thing to do.”
When you think of Republican congressman Paul Ryan, terms like earnest, serious, and important come to mind. So does the term old-fashioned. Ryan comes from an old-fashioned place, the blue-collar town of Janesville, Wisconsin. He cherishes the old-fashioned values of a faithful family man. He even looks old-fashioned, with his white shirts and striped ties. And he uses old-fashioned argument skills, persuasively weaving big-picture themes with the numbers that back them up.
Following the GOP debate that nearly the whole world watched on Saturday night, the president on Sunday made it very clear that he will not back off his class-warfare vision in the coming year. Obama told Steve Kroft on 60 Minutes that middle-class inequality will be his big theme, and that somehow successful earners, investors, and small-business owners are to blame.