On Friday, the Labor Department reported a disappointing addition of 39,000 jobs in November. Worse, the national unemployment rate is now 9.8 percent. So why were the numbers so much worse than expected? What worries small business owners most? Why is making the tax cuts permanent the best way to give business owners some certainty? We discuss all of these key questions with Texas Rep. Kevin Brady, the top House Republican on the Joint Economic Committee. Brady also offers his thoughts on the recommendations of the president’s bipartisan debt commission.
Archives for December 3, 2010
Obama Cripples Energy Exploration
This week, the Obama administration announced no new drilling permits would be issued until 2017 for the Gulf of Mexico and off the East Coast. Has any good reason been given for this decision? What will be the economic impact? How much will this increase our reliance upon foreign energy? And is there anything Congress or the states do to limit the scope of this ban? We discuss all these questions with Louisiana Sen. David Vitter.
Three Martini Lunch 12/3/10
Greg Corombos and National Review’s Jim Geraghty give credit to Republicans embracing the debt commission recommendations – even if some of the suggestions are downright awful. They also dissect the dismal job numbers and Charlie Rangel’s stunning arrogance in the face of House censure.