The stock market closed down for 2015 reversing one of the few positive accomplishments under the Barack Obama presidency. This has been a pretty prosperous time for the top two percent. For most Americans though — not so much.
A new report from Sentier Research based on Census data finds that median household income of $56,700 at the end of 2015 stood exactly where it was adjusted for inflation at the end of 2007. Read more here...
2. Senator Rand Paul at FreedomWorks' Rising Tide Summit
3. FreedomWorks' Congressman of the Month: Rep. Jim Jordan - by Logan Albright
The past year was an important one for defenders of liberty. To be
sure, there were some defeats as the tide of big government rolls ever
onward, but there were some important victories and milestones as well.
2015 saw the closure of the Export-Import Bank for the first time in 80
years, a lifting of the ban on crude oil exports, new limitations on the
government’s ability to spy on American citizens, and some important
reforms to the justice system across the nation.
Perhaps most important of all, however, was the formation of the House Freedom Caucus in Congress, a group of legislators committed to fighting for small government and individual liberty. After receiving a vote from Rep. Tim Huelskamp in January to replace John Boehner as Speaker of the House, Jordan co-founded the House Freedom Caucus and was elected its first chairman, and recently reelected to a second term in that office. Read more here...
Perhaps most important of all, however, was the formation of the House Freedom Caucus in Congress, a group of legislators committed to fighting for small government and individual liberty. After receiving a vote from Rep. Tim Huelskamp in January to replace John Boehner as Speaker of the House, Jordan co-founded the House Freedom Caucus and was elected its first chairman, and recently reelected to a second term in that office. Read more here...
Following the announcement of Dr. Ben Carson’s tax plan, FreedomWorks Senior Economic Contributor Stephen Moore commented:
“A serious pro-growth tax plan would create millions of jobs and vastly simplify the federal IRS tax code. This would help make America a tax haven and jobs would come to these shores rather than get outsourced to our rivals. This plan puts America first. I’m glad to see that every Republican running for president is now in favor of lower and flatter tax rates with many fewer deductions.” Read more here...
5. Americans Understand ObamaCare Is a Bad Deal - by Logan Albright
“If your policy is so good, why does it have to be mandatory?”
This is the eminently sensible question posed by people who question the need for government to dictate our purchases. Although often asked, it seldom receives an answer. When it does, it usually amounts to some slightly more diplomatic variation on “people are too stupid to make their own decisions.” Oh, what benevolent masters we have.
ObamaCare is only the most recent example in a long line of mandatory programs that are supposedly “for our own good,” but it’s a big one and provides a good example of the futility of trying to force people to against their own best interests. Read more here...
Jason Pye
Communications Director, FreedomWorks
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