Posts tagged as:

Obamanomics

Our Ever Shrinking Workforce

September 6, 2013

According to the Bureau of Labor Statistics, roughly 90,473,000 Americans weren’t working in August (the highest number ever), meaning that we have a meager 63.2% labor participation rate.  That’s the lowest it’s been since the years of Jimmy Carter.  Yet, using Washington math, the unemployment rate dropped to 7.3% — only in DC could it [...]

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Obama’s “Fair Share” Nearly the Same as Mine

April 14, 2013

If you believe “rich” is considered any household earning over $250,000 a year, and if you believe that the acceptable tax rate on the top earners is 39.6%, then wouldn’t you think someone pulling in $608,611 should pay their “fair share” of taxes?  Even if this person gave (and legitimately deducted) a substantial amount of [...]

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Unemployment Remains Stuck at 8.2%

July 6, 2012

Today’s June jobs report seemed redundant:  only 80,000 jobs added (a full one-third of those are temporary) as the unemployment rate held steady at 8.2%.  The infamous U6 number went up a tenth of a percent to 14.9%.  It takes about 150,000 new jobs per month just to keep pace with population growth.  Plus, the [...]

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Biden — It’s Our Economy

September 30, 2011

Uh oh!  The gaffe-tastic Vice President Joe Biden has drifted off the reservation once again, this time speaking the truth:  that this economy belongs to the Obama administration and the people have every right to judge them on it going into the 2012 Election. I’m not sure if this is merely a moment of lucidity [...]

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Perry Judges Conservative Hearts on In-state Tuition for Illegals

September 23, 2011

In the Fox News/Google GOP Debate last night Perry said the following: And I thought just liberals called responsible conservative positions heartless! Not anymore, apparently. This is Governor Gardasil‘s second substantial strike against him as far as I’m concerned.  First, this is a distracting social issue position that only helps Democrats by taking the focus [...]

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The Ever Inflating Student Loan Bubble

August 20, 2011

A consequence of low interest rates, scatter-shot government policy, and a careless band-wagon investment effect, “bubbles” have unfortunately defined our economic trajectory since the late 1980s.  We’ve been living in the age of bubble:  the S&L bubble, the tech bubble, the oil bubble, the housing bubble, potentially a gold bubble, etc. So why not add [...]

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A Shovel-Ready Joke

June 14, 2011

Why not make the GOP’s job just that much easier?  Here’s Obama on spending nearly a trillion dollars on a failed experiment while chronic unemployment is the worst since the Great Depression: I don’t think most people would be laughing about such a failure at such a time, but when you’re a ruling class patrician [...]

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CNN’s GOP Debate

June 14, 2011

Last night, St. Anselm College in New Hampshire hosted the latest GOP debate run by CNN. As you’d expect, CNN was the story:  they unsuccessfully kept trying to get the Republicans to beat on each other;  moderator John King kept making awkward noises through 90% of the answers;  many of the questions had liberal presuppositions;  [...]

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Thomas Sowell Smacks the Roots of Obamanomics

May 31, 2011

Economist Thomas Sowell wrote a succinct yet stinging rejection of Obamanomics and its redistributive motives.  Using historical examples and delving into Obama’s background and actions as president, Sowell demolishes Obama’s “seductive” feel-good politics of class warfare, even taking a swipe at race-baiting politics while he’s at it!  It’s quick, insightful, and definitely worth a read.

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“I Want Your Money,” a Pro-Tea Party Film

October 10, 2010

I’ve seen TV commercials for I Want Your Money in the New York market, but couldn’t quite figure out what angle it was taking.  That was, of course, until I watched the trailer: Pro-Reagan?  Check.  Pro-Tea Party?  Check.  Mercilessly candid about Obamanomics?  Looks like it.  I’m not sure if this documentary will be in wide [...]

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Obamanomics Makes Bad Keynes Worse

February 6, 2010

British economist John Maynard Keynes had a number of theories that the Left loves because Keynes finds a nice cozy place for big, powerful government in free markets.  Keynes was an advocate of the government taking a huge role in investment, something corporatists everywhere could cheer!  So, while I do not agree with the benefits [...]

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Job Fairs at Strip Clubs — Gotta Love Obamanomics!

March 23, 2009

Everybody in the Rhode Island area has either heard of or been a client of the Foxy Lady — a place of ilrepute in the midst of a town called Providence, known for all sorts of things including a “Legs and Eggs” special, while being as classy as Southern New England can do a public strip club.  [...]

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Don’t Panic: Living the Satire

January 14, 2009

The American Spectator ran an article yesterday which mixed two things I really love, combining contemporary politics and clever 1980s British satirists through poking fun at Obamanomics using the work of the late Douglas Adams! Here are a few lines Joseph Lawler draws from Adams’ Hitchhiker’s Guide to the Galaxy: On the Presidency: As the alien Ford Prefect explains to the [...]

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