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Mike Flynn

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3 Myths of the Highway Fund 'Crisis'

3 Myths of the Highway Fund 'Crisis'

The Obama White House is preparing the ground for a late-summer fight with the GOP over the “highway trust fund” and infrastructure spending. In the next month or so, the federal “highway trust fund,” effectively, will temporarily run out of

Retail Sales Again Miss Expectations

Retail Sales Again Miss Expectations

The Commerce Department reported Tuesday that retail sales grew an anemic 0.2% in June, well below expectations. Economists had predicted a 0.6% increase. June’s growth in retail sales was the slowest in 5 months. The report indicates that consumers continue

Dems Trounce House GOP in Grass-Roots Donations

Dems Trounce House GOP in Grass-Roots Donations

The DCCC, the campaign arm for Rep. Nancy Pelosi and House Democrats, has raised $22 million more than the House GOP for the fall elections. That result is surprising enough, as Democrats’ minority status gives them little political leverage in

Speakings Fees Potentially Huge Tax Deduction for Hillary

Speakings Fees Potentially Huge Tax Deduction for Hillary

Trying to quell a controversy over a $225,000 speaking fee at UNLV, Hillary Clinton told ABC News Friday that all her speaking fees from colleges were “donated” to the family’s Clinton Foundation. It naturally didn’t occur to ABC News to

June Jobs Report Confirms Economic Stall

June Jobs Report Confirms Economic Stall

On Thursday, the Labor Department reported the economy added 288,000 jobs in June, beating economists’ expectations. The Department also revised upward job gains in April and May, bringing the average monthly gain for the second quarter to 272,000 jobs a

Business Insider: Economy Needs Crony Capitalism

Business Insider: Economy Needs Crony Capitalism

Now that there are major warning signs that the dismal economic “recovery” under President Obama is faltering, Business Insider, which has seized on obscure data points to cheerlead for an economic “breakout,” appears to be looking for scapegoats. A new

Sun Setting on Obama's Economic 'Recovery'

Sun Setting on Obama's Economic 'Recovery'

Winston Churchill quipped that “a lie gets halfway around the world before the truth has a chance to get its pants on.” He could easily have been talking about the state of economic forecasting and reporting in the US today.

Personal Consumption Falls as Weather Warms

Personal Consumption Falls as Weather Warms

On Thursday, the Commerce Department reported that personal consumption, which makes up around three-fourths of the economy, fell in May, further undermining claims that a particularly cold winter was behind the recent economic slowdown. Personal consumption fell in January, but

Recording Industry Battles Online Radio

Recording Industry Battles Online Radio

Allies of the recording industry in Congress have introduced new legislation to change copyright law in the face of a new, online landscape. But the proposal is facing criticism that it would insulate entrenched players in the market from competition,

Christie-Backed Casino Goes Bust in NJ

Christie-Backed Casino Goes Bust in NJ

On Friday, the $2.2 billion Revel Casino in Atlantic City was back in bankruptcy court for the second time in 2 years. Lawyers for the mega-casino argued it was a “melting ice-cube” that would have to close this summer unless

The Left Reboots for Total War

The Left Reboots for Total War

Conservatives can be forgiven for believing the political winds are at their back. Obama is flirting with historically low approval ratings as much of the public simply tunes him out. Democrat-backed policies have failed to lift the economy and public

DC Political Bubble Is Set to Burst

DC Political Bubble Is Set to Burst

House Majority Leader Eric Cantor’s shocking loss in his primary last week left many observers wondering if the fallout would spark a GOP leadership shuffle. Cantor’s opponent, econ professor Dave Brat, with a shoe-string budget and zero support from national

Curtain Closing on Obama Presidency

Curtain Closing on Obama Presidency

President Obama has faced low job-approval ratings for much of his presidency. In the current RealClearPolitics average of polls, his job-approval is currently 42%. According to Gallup, Obama’s job-approval has never averaged more than 48% in each of his last

CA Considers Tax Bill Targeting Clippers Owner Sterling

CA Considers Tax Bill Targeting Clippers Owner Sterling

On Wednesday, the California Senate Finance Committee approved new tax legislation intended to specifically target billionaire Donald Sterling, embattled owner of the NBA’s Los Angeles Clippers, the Los Angeles Times reports. The legislation would prohibit sport franchise owners from deducting fines

VA Orders Uber, Lyft to Cease, Shift Resources to Lobbying

VA Orders Uber, Lyft to Cease, Shift Resources to Lobbying

On Thursday, the Virginia DMV sent cease-and-desist letters to ride-sharing companies Uber and Lyft, asserting that their services are illegal in the Commonwealth, according to the Hampton Virginia-Pilot. DMV Commissioner Richard Holcombe also “strongly” suggested the companies “focus their resources

Poll: Working Class Voters Abandon Obama

Poll: Working Class Voters Abandon Obama

A new CNN poll of Americans finds falling support for President Obama on every policy issue. On no single issue does a majority of Americans approve of Obama’s position. On many important issues, e.g. health care, immigration and foreign policy,

Government Hides Christian Symbols in VA Chapels

Government Hides Christian Symbols in VA Chapels

Revelations of secret waiting lists at VA hospitals and veterans’ struggles to get medical care have received national attention in recent weeks. This scandal, however, is just the highest-profile example of the consequences of government encroaching further into our lives.

Economy Shrinks Despite $2 Trillion in Fed Stimulus

Economy Shrinks Despite $2 Trillion in Fed Stimulus

On Thursday, the Commerce Department revised downward its estimate of GDP growth in the first three months of the year. New data reveals the economy shrank by 1.0% in the first quarter, a sharp reversal from the agency’s initial estimate

Three Red Flags in GDP Report

Three Red Flags in GDP Report

The Commerce Department reported Thursday that, in its latest estimate of 1st Quarter GDP, the economy shrank by 1.0% in the first three months of the year. This was a sharp reversal from its initial estimate, which suggested the economy

IL Democrats Play Politics With Minimum Wage

IL Democrats Play Politics With Minimum Wage

Earlier this week, the Democrat-controlled legislature in Illinois sent to Gov. Pat Quinn a measure that would place a minimum wage hike on the November ballot. The proposal would ask voters whether they support an increase in the state minimum

Under Obama, Temp Jobs Grew 45%, Manufacturing Shrank 3.2%

Under Obama, Temp Jobs Grew 45%, Manufacturing Shrank 3.2%

In two weeks, the political and financial worlds will pause for the May Jobs Report from the Labor Department. While pundits will debate the change in payrolls and the unemployment rate, focusing on just the monthly numbers obscures more troubling

Chicago VA Spent 3X More On Painters Than Quality Assurance

Chicago VA Spent 3X More On Painters Than Quality Assurance

After embattled VA Undersecretary for Health, Dr. Robert Petzel announced his resignation/retirement, the Obama Administration nominated Dr. Jeffery Murawsky, a regional VA director as his replacement. Dr. Murawsky’s current portfolio, however, includes overseeing the large Edward Hines Jr. VA hospital