Disastrously Antigrowth

Obama's economic policies are disastrously anti-growth. Health-care policy would substantially raise costs, reduce the quality of care and reduce people's control over their own health-care decisions--a lose, lose, lose. There has been no progress on trade policy, bilateral or multilateral, and there are significant risks of a major backlash against free trade, particularly related to the cap and trade bill. Tax rates will rise dramatically, with proposals now to raise the highest federal tax rate to 45%, and that does not include all the new taxes.

When you get to 2012, or even 2010, you're looking at serious potential consequences for the Obama administration. I think his economic team is probably telling him this. But Obama is truly ideologically committed to the leftist agenda of expanding government in irreversible ways. I don't think economic growth is very high on his list, and perhaps he is even willing to risk not being reelected.

Charles W. Calomiris is a visiting scholar at AEI.

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Tuesday, September 16, 2014 | 5:00 p.m. – 6:00 p.m.
The Constitution as political theory

Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.

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Wednesday, September 17, 2014 | 8:10 a.m. – Thursday, September 18, 2014 | 1:30 p.m.
Third international conference on housing risk: New risk measures and their applications

We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.

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Thursday, September 18, 2014 | 2:15 p.m. – 3:00 p.m.
Speaker of the House John Boehner on resetting America’s economic foundation

Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.

Friday, September 19, 2014 | 9:15 a.m. – 11:00 a.m.
Reforming Medicare: What does the public think?

Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.

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