Only in Obamaland Does Paying People NOT to Work = Jobs Saved
Whose job, exactly, does it save? The guy at the unemployment office? I keep thinking that sooner or later the masses of Americans are going to wake up to the bullshit that the Obama administration is shoveling, but since they’re getting checks, I guess they don’t need to. Secretary of Labor Hilda Solis made her [...]
Predictable Response to Jobs Numbers from Paul Krugman: No News Here
Yeah, it’s just the noisiness in the data. Tell that to the 368,000 that dropped out of the labor force, bringing the labor participation rate to the lowest level in more than 30 years. The headline number came in a bit below expectations, but that’s probably just the noisiness in the data. The best hypothesis [...]
Obama’s Going to Give Us His “New” Economic Plan after His Vacation. Let Me Guess: More Shovel-Ready Projects?
Sounds like more of the same from the Petulant Boy-King and his Council of Pointy-Headed Keynesian Advisors: (From AP) Seeking to jolt the economy, President Barack Obama will propose new ideas to create jobs and help the struggling poor and middle class in a major speech after Labor Day. And then he will try to [...]
David Axelrod is a Moron – Yeah, the S&P Downgrade is the Tea Party’s Fault.
That’s what he tries to insinuate here – yeah, it didn’t have anything to do at all with Obama’s crazy spending spree, or the fact that the Democrats haven’t managed to come up with a budget in almost 3 years. Nor did it have anything to do with the fact that they want to continue [...]
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 [...]
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 [...]
Obama Wants MORE Time (and presumably, billions more $) to “Fix” the Jobs Mess – Good Luck With That
Incredibly, despite the promises he’s made about the hundreds of billions in stimulus dollars already flushed down the drain, Obama (*DfOaLG) wants more time (and presumably, more money) to get the job done. Because who doesn’t want to take his 747 to Iowa at this time of year?, President Obama popped up in Iowa today. And [...]
“Shovel Ready” Joke Thrown Back in Obama’s Smug, Lying Face
American Crossroads has prepared an excellent retort to Obama’s smug joke about the “shovel ready projects not being quite shovel ready.” Help make it viral; send a link or embed it on your own site. The Prevaricator in Chief needs to be roundly mocked for joking about the gigantic stimulus projects that produced nothing and [...]
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