Good News! New Obama “Balanced Approach” Balances Budget…in 2055
No wonder it’s being mocked by Republicans -and criticized by Democrats. It’s a complete joke, including cutting defense spending from 9% of GDP to 2.3%, which ain’t gonna happen. Republicans have mocked the Obama White House for talking about a “balanced approach” to debt reduction that doesn’t actually ever balance the budget. But in its [...]
No Kidding? We Coulda Told You That. GAO Report: Obama’s Policies ‘Not Sustainable’
And, this is news to whom? Apparently to the lapdog media, who doesn’t report on such things if they make the Dear Leader look bad. Consequently, they aren’t reporting on much of anything that’s substantive these days. And, just this week, we learn that Wile E. Obama and the ACME Economic Destruction Co. wants to [...]
Raising Taxes on the “Wealthy” Isn’t Going to Solve the Problem
Jerry Gorski runs an engineering company. In this video produced by the House Majority Whip, he says “This notion that $250,000 being the top 2% or the wealthy people in America ignores the way most small businesses work in America.” Raising taxes on the Jerry Gorskis of America isn’t going to solve our problem. In [...]
D.C. Has Worst High School Graduation Rate at 59%
You’d think they’d have a better rate, considering they spend almost $30,000 per pupil each year. That money must be going for something beside classroom instruction. You think this will dampen the argument that we need to spend even more on education? Think again. Washington, D.C., had the worst high school graduation rate in the [...]
“We Must All Work Harder, and Pay More Taxes”
Dr. Flynn ran an ad in a Panama City, FL newspaper. For our Dear Leader and his progressive friends, this must be the only solution. (H/T Doug Ross @ Journal)
The Austerity Myth: Cuts in Government Spending are Slowing Down the Economy
You may have heard this claim from various liberals and fans of Keynesian stimulus – the reason our economy continues to slow is cuts have been made in the federal budget, and that slowdown in spending is causing a drag on employment and other factors. John Merline at Investors.com explains how that couldn’t be true: [...]
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.
Keynesianism Dead? We Should Be So Lucky
In an editorial on December 3, Investors Business Daily hopes -against hope- that Obama (DfOaLG*) and his administration will finally recognize the folly of the Keynesian economic policies they’ve been inflicting on Americans, and “pull the car out of the ditch” before it’s too late: The Labor Department report confirms not only a jobless recovery, [...]
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