THE denouement of the fiscal-cliff drama, unsurprisingly, ended up with a vote that split Republicans in the House. John Boehner, Paul Ryan and 83 other GOP representatives joined 172 Democrats in voting to pass the compromise bill crafted in the Senate that will raise taxes on income over $400,000 for individuals and $450,000 for couples. Just […]
You hear it all of the time. The problem is that the government is borrowing from China to fund our stupid spending programs, or popular subsidies, or tax cuts. Mitt Romney (remember him?), in a presidential debate, defined his criterion for deciding whether spending is worthwhile thusly: “Is the program so critical it’s worth borrowing from […]
Vice President Joe Biden and rival Republican Paul Ryan battled fiercely over foreign policy and the economy in a lively debate on Thursday, with Biden aggressively defending the administration’s policies and dismissing Ryan’s criticism. Seeking to win back the momentum for the Democrats‘ campaign after a poor debate performance by President Barack Obama last week, […]
China tends to like Republicans in the White House because it’s clear what they want: free trade, low taxes and strong national security. Democrats are more capricious and delve into messy issues like human rights and the environment. In the case of Republican presidential nominee Mitt Romney, though, you would be forgiven for thinking officials in Beijing […]
looking beyond borders 