Posts tagged as:

Great Depression

New Study: 30 is the New 45

April 10, 2013

A new study spanning different generations over 25 years indicates that today’s young adults are 15 years less healthy than previous age groups at the same age.  Meaning, the prevalence of health issues related to things like high blood pressure, diabetes, obesity, etc. among 40-year-olds today is similar to the levels older groups have at [...]

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January 7, 2011

December’s unemployment numbers were released today and on the surface the direction looks positive:  we’re down to 9.4% unemployment from 9.8% in November.  Good news. The bad news is that much of the decline is due to people simply dropping out of their job search altogether.  When the popular “U3″ number changes its denominator, sometimes [...]

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December 4, 2010

Yesterday the November U3 unemployment rate came out indicating that we’re no longer stuck at 9.6%.  Instead, we’ve moved up to 9.8%!  While some economists find these numbers a bit unusual and believe that they will later be revised in a positive direction, America has remained above 9% unemployment longer than at any time since [...]

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9.6%: The Last Unemployment Figure Before the Election

October 8, 2010

No surprise here — the unemployment rate for September stayed steady at 9.6%.  That is, of course, until the figures are “revised” later this month or perhaps even after November 2. I’ve got more hope than change in my pocket since the Obama Nation began imposing this latest ill-fated Keynesian experiment on America.  My “hope” [...]

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Recovery Summer Ends at 9.6%

September 3, 2010

August’s unemployment (U3) numbers came out today and saw some movement for the first time all summer.  Of course, it’s in the wrong direction, up to 9.6%.  Three more months at or above 9% and we’ll tie a post Depression record for such persistent high unemployment, and we’re not exorcising inflation from the economy with [...]

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FDR’s Legacy 65 Years Later

April 12, 2010

Two critical things happened in American history today:  the first is that today marks the 149th anniversary of the Confederate attack on Fort Sumter, SC, which began the Civil War in 1861.  Seven states had already seceded and four others were about to go as well, leading to the largest trauma in our nation’s history. [...]

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Obama Care and the Schechter Poultry Corporation

March 20, 2010

Here we are again — the most recent moment of the Obama Care endgame.  The Landmark Legal Foundation and Mark Levin are finding ways to challenge (pdf) the “Deem and Pass” maneuver which may materialize as a reality later today.  Also, many states are now in position to pass laws refusing new Obama Care mandates.  [...]

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The Evils of Protectionism

February 3, 2009

Obama has pledged throughout the campaign to “renew our image throughout the world” through foreign policy. Yet now, as part of the Economic Stimulus bill, he will be engaging in economic protectionism, requiring all goods bought as part of the stimulus projects (such as steel, iron, and manufactured goods) be U.S. based. This will both [...]

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Day One, Year Zero: Inaugurating Barack Obama

January 20, 2009

Here’s my take on today’s speech: Shortly after Noon EST, Barack Hussein Obama took a public oath to become America’s 44th President.  The pomp was extravagant ($170 million worth during the “greatest economic crisis since the Great Depression”, $49 million of that directly from our pockets) and still continues as I write this.  The Oath [...]

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Obama is Lincoln and FDR, and He Isn’t Even President Yet

November 8, 2008

It’s only been four days since we elected Barack Obama to be the 44th President of the United States, and already the Associated Press is already in full-blown exaggeration mode.  According to an “analysis” by Deb Riechmann (interesting name considering where this post is going), the crisis Obama will face when he takes office is [...]

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