Heritage Foundation experts live-blogged their analyses of last night’s presidential candidates’ debate from Hofstra University.
Here are some highlights:
Emily Goff on Taxes and Spending
President Obama’s approach to spending and debt is hardly balanced.
President Obama’s recycled “balanced approach” mantra surfaced for the umpteenth time this evening—even though Americans know it is far from balanced, never mind mathematically impossible. Raising taxes on wealthier Americans who, in President Obama’s own words, “can afford to pay a little bit more,” would be a direct hit to the very businesses and investors we need to be encouraged, not discouraged from creating jobs. Failing to addressTaxmageddon and inject certainty into the economy is an abysmal failure of Congress and President Obama. It’s already threatening the economy, and causing economic stagnation.
Walter Lohman on China
“Getting tough on China,” something both candidates claimed to aspire to, is good—as long as what is meant by that is ensuring China abides by its international trade commitments. But this is not enough—it is not a trade policy. The U.S. needs to create opportunity with trade, not just manage bad behavior… President Obama said during the debate that he signed three trade deals. Not true…What Obama did was to delay passage of agreements with South Korea, Colombia, and Panama that were already completed. He did so to appease labor unions and others in his political base. During the three years of waiting for the President to submit the U.S.-Korea FTA, the U.S. lost $30 billion in exports.
James Carafano on Libya
What did the Obama administration do about security before the attack on the U.S. consulate in Benghazi, and how did it respond afterward? Continue Reading »