"One of the most important reasons for studying history is that virtually every stupid idea that is in vogue today has been tried before and proved disastrous before, time and again." -- Dr. Thomas Sowell
The Dow set a new high on Tuesday, but the larger economy is a different story. What if today's sluggish economic growth turns out to be the new normal? That's the unsettling question asked by some of our most creative economic thinkers.
On Monday, the Obama administration announced it was planning to delay the employer mandate for the presidents federal health-care law for another year, prompting a prominent Florida Republican to fire back.
The latest delay, the second one in the past year, moves the federal penalty on medium-sized businesses, those with between 50-99 employees, not complying with the health care law, until 2016.
David Jolly, the Republican running in the special election for an open congressional seat in Pinellas County, released a new video showcasing his work for Jessicas Law and standing against child predators. Jolly takes on former state CFO Alex Sink, the Democratic candidate, and Libertarian Lucas Overby in the March 11 special election.
The Florida Chamber of Commerce unveiled its 2014 legislative agenda for jobs on Tuesday. According to a press release from the chamber, the agenda is "focused on making Floridas business climate more competitive and lowering the cost of living for Floridas families and small businesses."
The chamber noted that Florida has the potential to add 198,000 new jobs in 2014, which it believes will "provide Floridians with greater opportunities."
U.S. Sen. Marco Rubio, R-Fla., appeared on CNBCs Squawk Box on Tuesday morning to focus on education reform. Rubio offered a speech on the subject on Monday at Miami-Dade College.
Rubio touched on education being the gateway to success and improving your family in the United States.
Sen. Jeremy Ring, D-Maitland, and Rep. Bill Hager, R-Boca Raton, reached acorss party lines on Tuesday to promote legislation making insurance companies face the same standards other companies face in regard to investing in companies helping Iran become a nuclear power. The bill would force companies to end investments in companies helping Irans military and nucelar ambitions.
The Republican Governor Association (RGA) is turning up the heat on former Gov. Charlie Crist, the favorite for the Democratic gubernatorial nomination to challenge Gov. Rick Scott despite spending most of his career as a Democrat. The RGA pointed toward the new Democrats ties with convicted fraudster Scott Rothstein who said last week that Crist was assigning judgeships based on political donations.
Gov. Rick Scott brought in a campaign haul four times larger than former Gov. Charlie Crist did in the month of January, according to campaign finance reports.
Scott's "Let's Get to Work" political committee raked in $3.4 million for the month of January. When coupled with $743,000 in contributions to his campaign account, the governor brought in $4.1 million in the first month of 2014.
Rep. Ileana Ros-Lehtinen, R-Fla., the first Cuban-American and Latina elected to Congress, was full of criticism on Monday over former Gov. Charlie Crist and his flip-flopping position on the Cuban embargo.
I mean, the embargo has been there -- what -- 50 years now? I dont think it worked," said Crist on Friday during HBO's "Real Time with Bill Maher." "It is obvious to me that we need to move forward and I think get the embargo taken away. Really. I believe that."
Speaking at Lighthouse Point on Monday, Gov. Rick Scott made the case for his proposed $400 million reduction on motor vehicle fees.
We are going to undo the 54 percent tax increase Floridians saw in 2009 to annually register their motor vehicles, Scott said. Florida families deserve to keep more of the money they earn because it has never been governments money -- its your money. We are building an opportunity economy in Florida and our commitment to roll back these taxes and fees will let families keep more of the money they make so they can invest in their future.
Attorney John Hugh Shannon filed his papers on Monday to run for the House seat currently held by Rep. Seth McKeel, R-Lakeland, who faces term limits. Shannon is running as Republican in this district which represents all of Polk County.