2008 record      

  • Military: When the U.S. goes to war, it must always be with crystal-clear objectives, plus an ironclad commitment to winning. In Libya, our objectives are muddled while our resolution is in doubt.

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  • Taxes: President Obama wants higher rates and fewer breaks, but only for the over-$250,000 set. That may or may not work politically, but as fiscal policy it's likely to make a bad situation worse.

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  • Americans' wages lagged rising energy, food and other costs for a fifth straight month in March, Labor Department data showed Friday, sapping consumers' desire and ability to spend.

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  • With gas prices soaring to their highest levels since 2008, eroding take-home pay, optimism about the economy has dived to the lowest levels in nearly three years.

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  • The IBD/TIPP Economic Optimism Index continued its last month's decline further by 2.2 points, or 5.1%, in April posting 40.8 vs. 43.0 in March. The index is 5.5 points below its 12-month average of 46.3 and 3.6 points below its reading of 44.4 in December 2007 when the economy entered into the recession, and 9.7 points below its all-time average of 50.5. This month the index also undercuts

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  • Budget Policy: With his speech Wednesday, President Obama will try to claim leadership in the fight against the debt tsunami. But he's already had his chance to lead — many of them, in fact — and he blew it.

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  • Roughly three out of four Americans under 65 expect to face Social Security benefit cuts upon retiring, but only 44% support reductions such as raising the retirement age, the latest IBD/TIPP poll found.

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  • Five months after an election that he called a shellacking, President Obama has done little to improve his standing with independents. Economic uncertainty still weighs on them, and few see Obama doing much in that area.

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  • Since November 2010, the unemployment rate has tumbled from 9.8% to 8.9% in February. That seems to signal a return to healthy job growth. But is it real?

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  • "Support For Gay Marriage Reaches A Milestone" trumpeted a new ABC News/Washington Post poll showing that for the first time a majority (53%) of Americans say it should be legal for gays and lesbians to marry vs. 44% who think not.

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