This column by ACRU General Counsel Peter Ferrara was published on January 31, 2014 on Forbes.com.

In a column last month (Barack Obama’s Presidency Is a Complete Failure By His Own, Self-Imposed Standards 12/31/2013), I explained that President Obama’s Presidency has been a complete failure by his own standards. He tells us that he is fighting for the middle class. But real middle class incomes have been declining steadily throughout his entire time in office, more since the recession than during the recession.

He tells us that countering increasing income inequality is the defining issue of our […]

This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published January 29, 2014 on Townhall.com.

Part of the progressive agenda is to create hate and envy. One component of that agenda is to attack the large differences between a corporation’s chief executive officer’s earnings and those of its average worker. CNNMoney published salary comparisons in “Fortune 50 CEO pay vs. our salaries”. Wells Fargo CEO John Stumpf’s annual salary is $2.8 million. CNN shows that it takes 66 Wells Fargo employees, whose average salary is $42,400, to match Stumpf’s salary. It […]

This column by ACRU General Counsel Peter Ferrara was published on January 30, 2014 on the American Spectator website.

The President started last year forcing through sweeping tax increases. The top marginal income tax rate rose by nearly 20%, to punish the most successful for the anti-social acts of working too hard and producing too much. The capital gains tax rate was increased by nearly 60%, as was the tax on corporate dividends. America’s top marginal corporate income tax rate remains the highest among all developed world economies, close to 40% on average, given state corporate tax rates as well.

But […]

This column by ACRU General Counsel Peter Ferrara was published on January 21, 2014 on the Forbes website.

In his economic address at the Washington Navy Yard on September 16, President Obama bragged that “Health care costs are growing at the slowest rate in 50 years,” and attributed that to his Affordable Care Act, “which has helped to keep down the rise in health care costs to their lowest level in 50 years,” he claimed. He reiterated that in his press conference on November 14. His chief economist Jason Furman echoed that line in arguing that Obamacare is slowing health inflation in […]

This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published January 8, 2014 on Townhall.com.

There’s little debate among academic economists about the effect of minimum wages. University of California, Irvine economist David Neumark has examined more than 100 major academic studies on the minimum wage. He reports that 85 percent of the studies “find a negative employment effect on low-skilled workers.” A 1976 American Economic Association survey found that 90 percent of its members agreed that increasing the minimum wage raises unemployment among young and unskilled workers. A 1990 survey reported in the American Economic Review (1992) found […]

This column by ACRU General Counsel Peter Ferrara was published December 31, 2013 on Forbes.com.

At the end of 2013, after serving five years, Barack Obama is a complete failure as President, by his own standards, as reflected in his own words.

How many times has President Obama told us that he is “fighting for the middle class”? But real median family income has been in a continuous downward spiral since he became President, actually falling more since the recession ended in the summer of 2009 according to the National Bureau of Economic Research than during the recession. That has added […]