Archive

Herman Cain's Commentary Archive 2009-2012

July 25, 2011

President Obama owns this debt crisis

July 25, 2011

Last week in this commentary I documented what I thought was a major crisis of leadership in the White House regarding our national debate over the debt ceiling and debt.  The crisis in the Oval Office is apparently even worse than I thought – and frankly, I thought it was pretty bad to begin with.

This weekend we have learned that President Obama has more or less abdicated leadership on this issue. If he can’t get his way, which includes raising taxes and raising the debt ceiling, he doesn’t even want to talk. Congressional leaders are meeting without the president or even any of the president’s staff in an effort to reach a deal on spending and the debt ceiling.

July 18, 2011

Obama’s debt ceiling debacle

July 18th, 2011 

After being AWOL on the debt ceiling debate for weeks, President Obama is now trying to swoop in like some super hero who is somehow above the fray in Washington.  He is trying to convince us that he is the lone leader among 535 want-to-be Congressional leaders. And if they do not solve this Obama-created crisis, Obama is positioning himself again to blame the Republicans.

Some of us are not that gullible. We’re not buying it.

July 11, 2011

Economic Vision, Part 3: A fairer tax

July 11, 2011

Paying taxes is a fact of life, because there are certain things that our federal government must provide as enumerated in the Constitution. But paying taxes does not have to be unfair, burdensome and costly. Our current system of taxation is all three, and it got that way little by little over time since 1913.

The Fair Tax (H.R. 25) is a fairer tax because it is just the opposite. It is fair because the consumer determines their taxes based on their purchase behavior instead of being determined by the government based on one’s capacity to produce. Our production is measured in terms of personal income and business profits.