Economic Freedom in America Today: Endangered
Interesting -and frightening- video presentation from Economic Freedom. The burden of regulation and out-of-control spending is going to consume our economy, if we don’t do something to stop it.
Hmmmm. Why Am I NOT Surprised? ACORN Involved in “Occupy Wall Street” Protests
I’m kind of mystified by the whole “Occupy Wall Street” thing. I’m not sure what a bunch of smelly hippie wanna-bes think they going to accomplish by standing around the street in one of our major cities, and chanting and carrying signs with all sorts of idiotic slogans. See the picture below for an example [...]
NC Governor: Let’s Suspend Elections, So Congress Can Focus on the Economy
NC Democrat Governor Beverly Perdue says she was joking; using a bit of hyperbole to make a point. As a way to solve the national debt crisis, North Carolina Democratic Gov. Beverly Perdue recommends suspending congressional elections for the next couple of years. “I think we ought to suspend, perhaps, elections for Congress for two [...]
(zero)bama’s “Jobs” Act: Even the Dem-Controlled Senate Doesn’t Want to Deal With It
If you believe the DNC’s television commercials and the Petulant Boy-King, this “jobs” bill (translation: porkulus 2 – or is it 3?) thing needed to happen yesterday. Funny – for something that was such a freakin’ emergency, it doesn’t seem to be generating much urgency from the President’s own party. From The Hill: The Senate [...]
Next Time, (zero)bama Will Have the Bill Written BEFORE He Asks You to Pass It
This is awesome. Everyone knows that when the Petulant Boy-King was spouting off about his “jobs” bill last week, the actual bill had not yet been written. Representative Louie Gohmert (R-TX) decided to step into the void, and do something about it; he wrote his own. Now, the name “American Jobs Act of 2011″ has [...]
Economy Gains No Jobs in August. Hey, They Don’t Call Him President Zero for Nothing
Okay, so I stole that Zero line from Glenn Reynolds, but it fits the situation EXACTLY. I can’t wait to hear the super duper “jobs” plan the president is going to unveil next week <sarc>. The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns [...]
Obama Bus Tour to Stop at Economically Healthy Towns in Order to Figure Out Why His Policies Haven’t Ruined Them Yet
From Doug Powers. I love the part about the (not one, but) two $1 million+ buses they purchased for Obama to ride around in while he’s on the ground out there. Eat your peas, indeed. Read it: Obama Bus Tour to Stop at Economically Healthy Towns in Order to Figure Out Why His Policies Haven’t Ruined [...]
Debt Crisis Averted, Right? Stock Market Responds with Massive Drop
We finally got a debt ceiling deal, and averted the so-called “financial disaster” that was looming. Funny, the stock market absorbed the news in a pretty negative way. My own IRA account has dropped 11% in value this week. Super. So if raising the debt ceiling, with (supposedly commensurate) cuts in spending, why is the [...]
Wisdom: “Markets Go Up and Down”
Brilliant analysis from White House press secretary Jay Carney on the stock market’s 500 point drop yesterday: “I don’t have a specific reaction to the market. Markets go up and down,” White House press secretary Jay Carney said. “There is no question that we have — this economy has faced headwinds this year, a variety [...]
Elevating Duncecappery to New Heights – Debbie Wasserman Schultz on the Economy
From Yid with Lid, an analysis and excerpts of Debbie Wasserman Schultz interview on the new Al Sharpton show (my emphasis added): Perhaps the worst thing the DNC Chair said was at a level of incompetence rarely seen even for someone like Ms Wasserman-Schultz. With a straight face she said, “We’ve really begun to turn [...]
Why is Our Economy Ailing? This Chart Says It All
From Jeff Carter at Points and Figures: This is what happens when you don’t grow an economy. Economies don’t grow with more and more government spending. They grow with private investment and private company growth. via This Chart Says It All | Points and Figures.
Obamacare: Millstone Around the Recovery’s Neck
I’ve seen a couple of articles about this phenomenon – since the passage of Obamacare, job creation in the U.S. has been significantly curtailed. It’s pretty easy to see why: the act introduces a great deal of uncertainty into the equation that business people are working with. They don’t know what it’s going to cost [...]
The Numbers, They are Awful
Stephen Green, the Vodkapundit, has assembled a collection of truly horrible numbers on the state of the economy, unemployment, and the debt. That Barack Obama (*DfOaLG), he’s doing a bang-up job, huh? 9.2% — unemployment rate for June. 0.1% — increase since May. 16.2% — underemployment rate for June. 0.4% — increase since May. 8% [...]
The Obama Stimulus: “Indeed, the Results are Horrifying”
That’s the assessment of James Pethokoukis, Money & Politics columnist for Reuters. In his column today, entitled “Obama (*DfOaLG) really might have made it worse,” Pethokoukis lays out the carnage wrought by Obama’s big fat trillion dollar Keynesian stimulus package: The centerpiece of Obama’s plan to “push the car out of the ditch” was the trillion-dollar (including [...]
