Economy

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Congressman Tim Bishop continues to push his manufactured campaign issue, with the full union backing of the Communication Workers of America, to fight against outsourced call centers. He calls it a “surgical strike”. I think there are more appropriate names for it.

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What’s the Buffett Rule on Spending and Investing?

by Bill O'Connell on January 27, 2012

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President Obama, always on the campaign trail, is now on the road trying to explain why his class warfare strategy is not class warfare. In his State of the Union address, he once again invoked the “Buffett Rule”, which is little more than a fig leaf to allow Obama to raise taxes. But what about some other “Buffett Rules”?

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Economics 101: A Primer for Tim Bishop

by Bill O'Connell on January 12, 2012

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Tim Bishop likes manufacturing. The manufacturing of campaign issues, that is. In his effort to manufacture a campaign issue around overseas outsourcing, he got a lifeline from the White House yesterday when President Obama held an “insourcing” forum yesterday to encourage companies to “bring jobs back to America.” An editorial in the Wall Street Journal titled, “Insourcing for Dummies” describes the effort.

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Nasty Newt Attacks Free Market Capitalism

by Bill O'Connell on January 10, 2012

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As if sitting on a couch with Nancy Pelosi talking about global warming wasn’t enough, Newt Gingrich seems to have taken a seat next to Debbie Wasserman Schultz, to attack free market capitalism.

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The Democrats are nothing if not persistent. After trying to hang this dismal economy on President Bush while the Obama administration repeats every mistake from the Great Depression to create their own version, Tim Bishop says let’s go all in!

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Rick Santorum. What Now?

by Bill O'Connell on January 4, 2012

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Rick Santorum timed the wave perfectly and rode it to within eight votes of Romney in the Iowa caucuses. Whether it was timing or real support is not certain, but where does he go from here, and I don’t mean geographically?

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In his recent telephone town hall meeting, Tim Bishop expressed his support for the continued payroll tax holiday but making it clear that it would have no impact on the Social Security Trust Fund. Money for Social Security would continue to go into the trust fund from other sources. What other sources you might ask? I may have an answer for you.

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Tim Bishop’s Phone Center Folly

by Bill O'Connell on December 27, 2011

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Tim Bishop has submitted legislation to punish firms that use overseas call centers. He is desperate. He needs an issue that he hopes will sneak him past the electorate into office for another two years. Outsourcing worked for him last time, so he is trying to put lipstick on that pig and pass it off as bold, new thinking. What I am thinking is when is Tim Bishop ever going to represent the people who actually live in his district?

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Tim Bishop Remains Clueless in Online Town Hall Meeting

by Bill O'Connell on December 14, 2011

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Congressman Tim Bishop held an online town hall meeting to hear questions from constituents and give his answers. Perhaps he thought this a safer forum than a live town hall meeting. Last year’s meeting in Setauket did not go well and was soon viral on You Tube.

I will comment on three of the topics from that meeting: the payroll tax cut, regulations, and manufacturing jobs.

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Obama: The Payroll Tax Cut and Taxing the Rich

by Bill O'Connell on December 11, 2011

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With the economy in shambles and his campaign sound bites and early interviews as president coming back to haunt him, President Obama has ramped up the class warfare rhetoric. Let’s put the lie to these strategies.

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