Tag Archives: economy

Hugh Hewitt: The Next Phase in Response to the Coronavirus Challenge

Commendations to Congress—and especially Senate Majority Leader McConnell—on the massive rescue package.

America gets the message: Help is on its way.

But it’s time to do more, Congress. We need a phase four.

Phase one was the $8.3 billion measure on vaccine research.

Phase two was the bill that came from House Democrats—deeply disliked by Republicans but the Senate GOP passed it anyway.

Phase three blew the doors off the normally staid Senate, but will bring tangible help to American workers and businesses, now that it will pass.

But the country still needs a phase four. We need to respond to the purveyor of the plague: The Chinese Communist Party.

China is nearly equal to the United States in economic strength, and superior in stealth and ruthlessness.

The immediate fight is the virus. The larger, long-term battle is with a regime that allowed the virus to leave its shores.

This does not mean war. It means vigilance and deterrence.

It means phase four.

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David Davenport: A Different Kind of Character for a Different Kind of War

America is again at war, but war of a different kind: war against an unknown virus attacking our health, our economy, our social lives. Sadly, there is no quick knockout punch we can deliver to the enemy, no cease-fire agreement halting hostilities.

No, fighting this war will require a different kind of character. It will require the “now” generation of instant technology and immediate gratification to exhibit patience. The “me” generation must become a “we” generation.

This war will be fought on the front lines of medical science, but even more important now is the home front. We will need both rugged American individualism and community concern for one another. The golden rule—do unto others as you would have others do unto you—will be more valuable than a financial bailout or a silver bullet.

This is America’s new test of character.

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Hugh Hewitt: Congress Must Go Far, Go Big, Go Fast

Senate Republicans must go big and fast in their response to the coronavirus. They are facing choices right now about what sort of economic relief and stimulus package they support in response to the coronavirus outbreak.

The goal is simple: Help those injured in their pocketbooks and provide aid to an economy shuddering under successive shocks of slowdowns and closures.

The biggest impediment to success might be the fact that Capitol Hill staffs don’t turn over much. Longtime Hill workers aren’t exactly the eager recipients of new policy proposals that haven’t been sliced and diced by constituent interest groups.

That has to change. The need is urgent for Congress to go far, go big, go fast. Senate Majority Leader McConnell announced the intention to do just that. He’s going to stay there until it gets done using never tried before ideas.

Time to break the glass and pull the alarm. Time to spend as though you are FDR going to war.

This is no time for business as usual.

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Hugh Hewitt: The Lessons of Impeachment

With “The impeachment pageant” largely behind us, get ready for the flood of “What did we learn?” essays.

But there are no “lessons” here other than the abuse of power by members of a partisan majority in the House to raise profiles and profits for themselves. This chapter leaves a constitutional scar. This behavior is not what impeachment was intended for. President Trump’s phone call did not include any offense, much less any impeachable one.

We won’t know for 50 years what impeachment does to Trump’s place in history.

My guess? Not much, given his outsize personality and growing list of achievements, including:

• rebuilding of the U.S. military
• appointments of—so far—two Supreme Court justices and a growing list of appeals court and district court judges
• a massive tax cut
• a very strong economy
• 3.5 percent unemployment

And I could go on.

All that remains are ashes of the left’s hopes and a scar on the Constitution.

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Jerry Bowyer: Economic Numbers Look Solid

Despite the ever-present media hysteria, it’s become clear that on the issue that really matters, Trump finished 2019 strong. I’m speaking, of course, about the economy. 2019 started with some economic turmoil and uncertainty. The trade war with China created a stock market whiplash and business anxiety.

But the data shows things have finally turned around. Economic confidence has been rising for months. 52 percent of investors approve of Trump’s handling of the economy, compared to just 32 percent who do not approve.

It’s no wonder that stocks have been hitting record highs. After the tax reform bill, the fundamentals of the economy were strong, and market performance reflected that.

That is, until the trade war killed Trump’s would-be boom in the cradle. Now that Trump is again on solid footing, he could be well on his way to victory in 2020 … as long as he steers clear of another trade war.

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