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Economy

Friday, November 13, 2009

Obama’s October Deficit Is Larger Than the Deficit in the Entire Year of the Last Republican Budget

The last all Republic Budget was the fiscal year 2007 budget.  That means it was passed by a Republican Congress And Signed by a Republican President.  The deficit that year…...

Friday, November 06, 2009

Obamanomics:  Unemployment over 10%

Obama has a gift you see.  WASHINGTON – The unemployment rate has surpassed 10 percent for the first time since 1983 — and is likely to go higher. Nearly 16…...

Thursday, October 22, 2009

Saved Or Created?  49 States Have Lost Jobs Since Stimulus Plan Was Enacted

And guess what state is bucking the trend?  You only get one guess.  At the link you’ll see a chart comparing Obama’s projection of the jobs effect of the Stimulus…...

Monday, October 19, 2009

A Really Spiffy Real Time Debt Clock Plus

I thought that this site was really spiffy.  It’s got a ton of data such as total debt, trade deficit, business and personal assets and much more. It’s worth a…...

Thursday, October 15, 2009

Obamamanomics:  Foreclosures Worst In 3rd Quarter Ever

It’s not that we haven’t had bailout after bailout for the last 18 months. NEW YORK (CNNMoney.com)—Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit…...

Friday, October 02, 2009

Obamanomics:  Unemployment 9.8%, Another Quarter Million Jobs Lost in September

Hoping for Change: WASHINGTON (Reuters) - U.S. employers cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8 percent, according to a government report on Friday that…...

Thursday, October 01, 2009

Extending Unemployment will have unintended Consequences

The high unemployment has states trying to get “Free” money.  I’m going to sound harsh here, but let’s stop the extensions of Unemployment benefits.  I have several friends who are…...

Thursday, September 24, 2009

AP Article About Teenage Unemployment Woes Fails to List Minimum Wage Hikes

Propaganda: FRESNO, Calif. — The Obama administration’s economic stimulus program to find jobs for thousands of teenagers this summer couldn’t overcome one of the bleakest job markets in more than…...

Cartoon from the cynical economist

Promoted from the Readers' Blog. Sign up for your own. Sorry, cannot upload bigger image here is bigger picture thecynicaleconomist...

Monday, August 03, 2009

Obama Debt Watch:  192 Days: One Trillion Dollars Plus

According to the Bureau of Public Debt, Obama has racked up $1,042,374,300,592 in new debt since taking the oath of office on January 20 of this year.  In comparison George…...

Sunday, August 02, 2009

A Bill Too Big To Pass

Think of it as the Mother of All Kidneystones Deliberative bodies, as all legislatures should be, should not be in the business of voting on measures they have not read…...

Friday, July 31, 2009

Recession Twice As Bad As Previously Reported

Oh my. The POR Economy fell twice as fast in the last twelve months than previously reported. Recession Worse Than Prior Estimates, Revisions Show (Update1) By Bob Willis Bloomberg July…...

Saturday, July 25, 2009

Congratulations, 94% of North Dakota workers:  You just got a pay cut.

The news of a 70 cent per hour raise for workers earning minimum wage was the result of the clamoring of a fallacious argument that there are vast untold masses…...

Monday, July 20, 2009

On Second Thought, He’s Not So Sure…

Promoted to the Front Page from the Readers’ Blogs.  Sign up for your own. Heh. “It looked so good on paper…” ”...now I’m not so sure.”...

Friday, July 17, 2009

Public Support for Nationalized Healthcare slips further

This post was promoted to the front page from the reader blogs.  To get your own blog, click here. As reported here yesterday, public support for the Healthcare bill currently…...

Monday, July 13, 2009

Blue Enclave in Texas rejects Green Power

Heh.  Them folks down in Austin, they’re all for the Green; until they have to pay greenbacks from their own wallets for it! Austin’s clean energy program costing more, selling…...

Geithner on Unemployment:  “It’s Healthy!”

More hope and change: “Noting the rising unemployment, Geithner said what the economy “is going through is a very necessary and healthy adjustment as [Americans] go back to living within…...

Friday, July 03, 2009

Obamanomics:  Worst Teen Employment Numbers for 44 Years

Hopin’ 4 Change: “The biggest problem [in the report] was that the summer job market for teenagers was nonexistent,” says Joel Naroff, of Naroff Economic Advisors, in a note. “The…...

Thursday, July 02, 2009

Survey Says: 3 Out of 4 Independents Say Obamanomics Suck

Not looking good for Team Obama: Only the youngest voters support him on fiscal policy, and only barely, 52%-46%.  Every other age demographic above 30 years of age has majorities…...

Monday, June 01, 2009

Gas Prices Up 36% Since Obama’s Inauguration

It looks like the Obama plan to destroy working families is ahead of schedule According to the Department of Energy gasoline prices were $183.2 before he was inaugurated. The figure…...

Friday, May 22, 2009

Obama’s Tax Increases

We should sacrifice so government employees don’t have to. *Higher Income Tax Rates on the Highest Two Brackets. *Higher Tax Rate on Capital Gains. *Phaseout of personal exemptions and itemized…...

Friday, April 10, 2009

Blame America, Economic Meltdown Started Overseas

Hm, maybe if I would have cared I would have noticed. One problem with this blame-game is that last year’s recession was much deeper in many European and Asian countries…...

Wednesday, April 01, 2009

Regarding Fannie Mae and Freddie Mac Regulation The Republicans Were in Favor, the Democrats Not

The thing the Bush Administration and the Republicans didn’t do was take this to the American people.  I think that was a wise move.  I think if Bush had used…...

Friday, March 27, 2009

Two Thirds Of the People Think Tax Cuts Would Help the Economy

Of course the greedy public sector disagree.  Democrats in the Senate are talking of cutting back President Obama’s pledge of tax cuts for most Americans in the face of record…...

Sunday, March 22, 2009

Obama Commerce Nominee Says Obama Will Bankrupt US

I’m glad Gregg’s coming around. But Sen. Judd Gregg of New Hampshire also says President Barack Obama’s massive budget proposal will bankrupt the country. Gregg says he has no regrets…...

Wednesday, March 18, 2009

An Exit Strategy for AIG?

I was listening to AM1100 today and at the top of the hour news I just about lost it. The topic was the bonus furor over the AIG bonuses in…...

Saturday, March 07, 2009

Clinton Economy: Bad/Good, Bush Economy: Good/Bad, Obama Economy: Bad/Bad

Victor Davis Hanson wraps up Obama’s approach to the economy in a nutshell: With Clinton we got high taxes (bad) but balanced budgets imposed by the spending caps in Congress…...

Memo To Obama: The Best Thing You Can Do For The Economy Now Is Keep Your Mouth Shut

This isn’t helping, Barry: Now, I know that Obama is a liberal and that liberals think government fixes everything.  I know that Obama, in his recent address to a joint…...

Tuesday, March 03, 2009

Schadenfreude:  Obama Economics Advisor Loses 11 Billion Dollars

Money-making machine Warren Buffett blames himself for his company losing $10.9 billion last year and predicts more bleak times ahead. “The economy will be in shambles throughout 2009 - and…...

Wednesday, December 17, 2008

Video:  Why Keynesiasm Doesn’t Work!

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