Now, here is a smart fellow, clearly, and one who in his own mind is doing good when he hikes interest rates to deflate "bubbles" in the stock market.
He hikes the stairs to his tenth-floor desk--tenth floor so he's in the middle of things at Honda's 16-story Tokyo headquarters and a desk because executives at Honda don't have offices.
Price hikes he had accused the firm of imposing to overcharge Medicare hadn't actually taken place.
Instead of still more antigrowth tax hikes, he should break the grip on the state legislature of his party's special interests public employee unions, trial lawyers, teacher unions and extreme environmentalists.
Mr. Obama's strategy has been to bull ahead, refusing to end the sequester unless he gets his tax hikes, and looking to shuffle off any resulting blame on the GOP.
Herbert Hoover signed the Smoot-Hawley tariff (1930) that throttled trade, and he signed big tax hikes (1932) that meant employers had less money for hiring, and consumers had less money for spending.
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He explained how preventing tax hikes for middle-class families is good for business leaders as well as the broader economy.
Nonetheless for him, the forex appreciation was not enough and interest rate hikes are needed, he told the paper.
To make interest rate hikes more effective, he could have told the markets that he was explicitly targeting the bubble.
Obama came out of the election suddenly asking for tax hikes twice as large as he had requested earlier.
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The hedge fund managers who loved Obama in 2008 are having second thoughts now that he has targeted their kind for tax hikes.
While some of those increases were already in place when Monti took office in November 2011, he chose to continue with the tax hikes.
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Both declined to do so, although Whitacre said the merger would "have no impact on the consumer marketplace, " and that he didn't foresee any price hikes.
Dole not only helped Ronald Reagan pass a landmark tax cut in 1981, but he then turned around and engineered tax hikes in 1982, 1983, and 1984.
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That was despite the fact that any apparent prosperity was "superficial" and he criticised what he said was a record of tax hikes, a third world health service and falling police numbers under the current government.
"Let's make it clear that the president got his tax hikes on 1 January, " he said.
"This is the last year when those hikes are taking place, " he said.
"Let's make it clear that the president got his tax hikes on 1 January, " he said as he left the White House.
Clinton is likely to weigh in heavily against the Senate's Medicare proposals, since he has said that income-based premium hikes and age eligibility changes were never intended to be part of deal.
Adding to the number fleeing France as a result of the recent tax hikes Bernard Arnault has announced that he is indeed transferring his wealth and himself into Belgium.
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International Monetary Fund spokesman Gerry Rice said in a statement that "more remains to be done", although he expressed relief that at least the tax hikes, which had threatened to send the US economy into recession, had been averted.
But, Thompson says he's got some ideas he thinks could avoid generational warfare and big tax hikes or benefit cuts in the future.
President Obama keeps saying that he wants a compromise or mix of spending reductions and tax hikes.
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House Speak John Boehner this morning said he will develop a Plan B, which will include tax hikes on million-dollar earners but will not cut entitlement programs like Medicare and Social Security, according to The Wall Street Journal.
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He did not play cute like the others distinguishing between tax-rate hikes vs. new tax revenue through other means.
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The majority of the proposed tax hikes will in fact be levied on the middle class, which he stated the current administration would not want to admit.
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Yields on ten-year Treasuries were higher in the spring of 2004, before he started raising short-term rates, than they are now, nine rate hikes later.
But it also knows that these are the same tax hikes Mr. Obama couldn't get his own party to pass when he held sweeping majorities.
Obama, for his part, says the deficit plan he offered last Septe mber is similar to Simpson Bowles in its mix of tax increases and spending hikes, but his plan failed to tackle the Social Security changes needed to make that program sound over the long term and made only modest changes to Medicare.
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