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As Florida Gov. Ron DeSantis gears up for an expected jump into the 2024 presidential race next week, his powerful adversary, Disney, trampled his pre-launch buzz by scratching a $1 billion plan for an office campus that could have brought 2,000 jobs to the state. The move was the latest twist in a bitter feud between DeSantis and one of the most important corporations operating in the Sunshine State, rooted in a political collision over the Republican governor’s hardline conservative ideology that will become his pitch to GOP primary voters. And it raises the question of whether Floridians are paying...

For more than a generation, James Carville's campaign maxim, "It's the economy, stupid," has been held up as an essential truth of American politics. There's no denying that a strong economy is an incumbent president's best friend. Seventy-three percent of voters currently rate the economy as a very important issue. As a result, if the economy remains strong for another 1 1/2 years, many analysts believe President Donald Trump will be favored to win reelection. On the other hand, if a recession hits next year, we will almost certainly have a new president in 2021. However, recent data about the...

An economic adviser of President-elect Donald Trump said Tuesday that the transition team was working on plans for a tax code overhaul that would be “the biggest tax changes since Reagan.” Steven Mnuchin, a former Goldman Sachs banker who is considered a leading candidate for Treasury secretary in the Trump administration, told reporters at Trump Tower in New York that the team was hard at work on an economic plan. “We’re working on the economic plan with the transition, making sure we get the biggest tax bill passed, the biggest tax changes since Reagan, so a lot of exciting things...

Hillary Clinton said Friday the nation needs a "new bargain" for the economy and called upon all the presidential candidates to offer a "credible strategy" for raising wages as her primary race against rival Bernie Sanders shifts to a series of Rust Belt contests. Clinton's address at Detroit Manufacturing Systems, a manufacturer of instrument panels for cars, offered her the opportunity to contrast herself with both Sanders and business mogul Donald Trump, the leading Republican candidate. "Anyone running for president owes it to you to come up with real ideas, not an ideology, not an old set of talking points...

California now works on the principle of the mordida, or "bite." Its government assumes that it can take something extra from residents for the privilege of living in their special state. Gov. Jerry Brown made that assumption explicit in his latest back-and-forth with Texas Gov. Rick Perry, who keeps luring Californians to lower-tax, higher-employment Texas. Recently, Brown said of Texas, "Who would want to spend summers there in 110-degree heat inside some kind of fossil fuel air conditioner?" Translated, Brown's retort meant that despite California's sluggish economy, high taxes and poor services, it's still worth staying there to enjoy its...

President Obama promises to move the country forward with his recycled pledge of five million green jobs. But in the real world, small businesses are struggling to stay afloat as they deal with the fiscal wreckage of this administration's disastrous venture socialism. Here's the tale of just one Colorado company victimized by the Obama Department of Energy (DOE). Colorado Distribution Group is a privately held storage and shipping company based in Denver. Thanks to hope-a-nomics, its warehouse is saddled with nearly 7,000 pallets of federally subsidized solar panels (one-third of which are completely spoiled and unsalable), along with related detritus...

GOP presidential candidate Rep. Ron Paul will unveil his economic plan Monday afternoon, calling for a lower corporate tax rate, cutting spending by $1 trillion during his first year in office and eliminating five cabinet-level agencies, including the Education Department, according to excerpts released to Washington Wire.......

Herman Cain has been talking about his 9-9-9 economic recovery plan for two weeks now, but he hasn't given up the names of anyone in what he jokingly calls his " Economic Secret Kitchen Cabinet." That is, until now. Cain told Fox News that economist and former assistant to the director of the Office of Tax Analysis for the U.S. Treasury Gary Robbins analyzed and scored his plan.

Mitt Romney rolled out a major chunk of his economic agenda yesterday, and we'll say this for it: His ideas are better than President Obama's. Yet the 160 pages and 59 proposals also strike us as surprisingly timid and tactical considering our economic predicament. They're a technocrat's guide more than a reform manifesto. *** The rollout is billed as Mr. Romney's "plan for jobs and economic growth," and it rightly points out that to create more jobs requires above all faster growth. This may seem like common sense, but it's a notable break from the Obama Administration's penchant for policies...

The White House on Wednesday said President Barack Obama would unveil fresh ideas to jump-start the economy and cut deficits, but details offered so far appeared to be a compilation of old proposals. Obama faces serious doubts among Americans about his economic leadership and is now trying to convince skeptical voters and Wall Street that he has a workable plan to keep the United States from dipping back into recession. The White House said Obama will give a speech after the September 5 Labor Day holiday to outline measures to boost hiring and find budget savings that surpass the $1.5...

The TIME economists agreed that one of the major problems facing the Reagan Administration is the expectation of sustained price rises. Union leaders, bankers and businessmen have all built socalled inflation premiums into their plans. As a margin of safety in case rapid inflation persists, they add a few extra percentage points to a wage demand, the rate of a loan or the price of a new product. Said Greenspan: "The psychological impact of inflation is greater than at any tune in the postwar era." The task of the new Administration will be to convince the American public that these...

Yippee, the stock market is listening to John McCain's message about how he is going to save our economy and why Obama's economic plan (which is always changing) will be a disaster for our economy.

This week John McCain officially released the details of his economic recovery tax plan. The howls of protest from the left were both loud and predictable. The Obama campaign ripped into the McCain plan with the mantra of "tax cuts for the rich," while leftwing special interest groups claimed that McCain would blow a supersized hole in the budget deficit. Yes, that bogeyman issue of the budget deficit is back again. That's the issue that's never an issue except when Republicans want to cut taxes, in which case deficits are suddenly one of the four horsemen of the apocalypse. Never...

Memorandum From: BC '04 Policy DepartmentThis memorandum reviews and responds point-by-point to John Kerry's column about the economy that appeared in the September 15, 2004 edition of the Wall Street Journal.  It provides a quote from the Kerry op-ed and then factual responses.OverviewJohn Kerry continues to dismiss the fact the President Bush inherited a tired and crippled economy that then experienced the most extraordinary confluence of shocks that has occurred in any business cycle in modern U.S. economic history.  In December of 2003, John Kerry said, " ...we haven't been creating jobs to some measure because of the overhang of...

Oklahoman Editorial: Gimmicks Aren't Focus of Stimulus Plan 2003-01-25 CONGRESSIONAL Democrats who oppose President Bush's economic stimulus proposal are taking aim at the plan's feature elements: ending double taxation of corporate dividends and speeding up marginal tax rate reductions passed by Congress in 2001. The rhetoric is fairly typical of the anti-tax cut crowd, that tax cuts favor the rich. They also say the president's proposal doesn't provide immediate economic stimulus like their plan to give one-time, refundable rebates of $300 to every American. On both counts, they miss the point. First, the economy isn't nearly as bad off as...

A Bold Beginning INVESTOR'S BUSINESS DAILYStimulus: We may quibble with some aspects of the president's growth-and-jobs plan. But overall, it's the broader, more-ambitious approach we were hoping for.The plan also strikes us as being thoughtful, innovative and - true again to President's Bush's word - compassionately conservative.For conservatives, the president hit most of the right notes in setting it up Tuesday. He noted (usefully) that our economic system is still the "most promising, creative and productive the world has ever seen." He stressed (sagely) that it's best served by leaving more money in the hands of the people, not the...

Bush Unveils $674 Billion Economic Plan CHICAGO (Reuters) - President Bush (news - web sites) on Tuesday proposed a $674 billion boost for a struggling U.S. economy with measures including an end to taxes that shareholders pay on dividends -- a move denounced by Democrats as a politically motivated windfall for the rich. "I will ask members of both parties to work with me to secure our economic future. We cannot be satisfied until every part of our economy is healthy and vigorous," Bush said in a speech to the Economic Club of Chicago. The "growth and jobs" package aims...

Battle over economic plans begins 01/06/2003 Associated Press WASHINGTON - As House Democrats prepare to unveil their economic stimulus package, their Senate counterparts are intensifying criticism of President Bush's own plan, setting up a likely battle in Congress over how best to revive the economy. House Democrats and their new leader, Rep. Nancy Pelosi of California, planned to announce their proposals Monday, the day before Bush was to formally unveil his plan at a speech in Chicago. The White House says Bush was assembling a blueprint to strengthen growth, create jobs and help people who are in need. Pelosi...

Democrats are bemoaning their inability to get voters focused on the economy in the middle of a war when Americans are more concerned about the national security than they are about listening to Democrats carp about the Bush economic policies especially when they lack any substantive plans of their own. Writing in Fortune magazine, Rob Norton taunts the Daschle-Gephardt team, saying they not only don't have a plan of their own - they don't even have an outline of one, or any ideas worth discussing. Using words such as tragic, deplorable, abysmal, and atrocious to describe the Bush economy, Daschle...

Last week House Minority Leader Dick Gephardt, a Democrat from Missouri, delivered what appeared to be a 30 minute campaign speech on the floor of the House: "We now have an economy that is in some real difficulty" he said "Since January 2001, our economy has deteriorated dramatically." Using charts in his speech, and on his website, he says: "From January 2001 when we had 5.9 million people unemployed, we now have, as of last month, 8.1 million people unemployed – a 2.2 million increase in unemployment. This is as a result in large part of the Bush economic plan...