Posts tagged as:

stimulus

Crist Should Do the Right Thing

March 10, 2010

Charlie Crist didn’t have to get on the bad side of Conservatives.  True, most Conservatives knew he was a moderate, and most Conservatives knew that he would be somewhat of a RINO, but after the thrashing Republicans got in the elections last year, they may have been willing to put up with a Charlie Crist.  [...]

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The Obama Stimulus and the Economic Climate

February 22, 2010

This ad, put out by House Minority Whip Eric Cantor, clearly outlines the chasm that exists between what the Democrats promised in regards to the 2009 stimulus package, and what has actually occurred over the past year.  It illustrates the complete failure of the stimulus in clear turns, and I am sure is a preview [...]

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The Porkulus Bill – One Year Later

February 17, 2010

The stimulus Porkulus Bill is one year old today.  It was signed into law by President Obama on February 17, 2009, with many promises:

The porkulus promised to “create or save” 3.5 million jobs.  Since February 17, 2009, we’ve lost 2.4 million jobs.
The administration promised that, with the porkulus, unemployment would cap out at 8%.  Unemployment [...]

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Charlie Crist Tries to Compare Himself to Reagan

February 4, 2010

Gov. Charlie Crist (RINO-FL), who is vying for the GOP nomination for the U.S. Senate against conservative Marco Rubio (R-FL), tried to compare himself to Ronald Reagan, saying:
“If I’m a RINO, then so is Ronald Reagan. I’m [a] less taxing, less spending, less government, more freedom kind of guy and I just take a pragmatic [...]

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Stimulus Price Tag $75 Billion Higher Than Initially Thought

January 26, 2010

The Stimulus Porkulus Bill that passed in early 2009 was projected to cost about $787 billion.  The CBO today revised that figure upwards by $75 billion, bringing the total projected cost for the stimulus to about $862 billion.  This is due to the fact that the projections put forth by Obama and the CBO for [...]

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Congress to America: We Need a Babysitter!

January 25, 2010

So the Democrats are worried now that the debt is exploding and that the anger of the American people will oust them from office unless they get spending under control appear as if they are doing something to try to get spending under control.  So, because Congress doesn’t like to make hard decisions about what [...]

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Krugman Thinks Obama Should Blame Bush More

January 20, 2010

Paul Krugman is living in a bubble.  You see, he writes that one of Obama’s biggest mistakes has been to not blame Bush for the economic woes this country now faces, “just like Reagan did” (sic).
Finally, about that narrative: It’s instructive to compare Mr. Obama’s rhetorical stance on the economy with that of Ronald Reagan. [...]

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The Stimulus Slush Fund Spending Money in Places That Don’t Exist

January 4, 2010

I’ve said all along that the Obama administration would be nothing more than Chicago thug politics, mob rule meets the White House, and that the stimulus porkulus was nothing but a Democrat slush-fund.  Well, Stimulus reporting is now resembling a classic money-laundering scheme.  It seems that the same agency that reports on how many jobs [...]

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Ryan’s Story of 2009

December 30, 2009

When the history books are written about 2009, what will they say?  What will I be teaching my students about this year in ten years or so?  I haven’t got a clue. You can’t anticipate what’s going to be historically important while it’s happening, with the exception of 9/11-type events.  But even then, its impact [...]

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The Other Shoe

December 15, 2009

Consider this:

$700 billion for TARP
$800 billion for the Obama Stimulus Porkulus
$170 billion for Bush’s 2008 stimulus
$5.5 trillion in outlays by the Federal Reserve to shore up the banking industry
$3.1 trillion 2009 Federal Budget
$3.55 trillion 2010 Federal Budget

That brings the total spending of the Federal Government for 2008 to 2010 to $13.82 trillion. That doesn’t even [...]

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Obama Is Insanity Defined

December 9, 2009

A classic definition of insanity is repeating the same action over and over again, expecting different results.  Obama is insanity defined.  His much-touted stimulus (a.k.a. Porkulus) package purported to spend money on roads and bridges, give some tax breaks to small businesses (although they were tax breaks designed to produce a liberal policy objective, not [...]

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The Dueling Jobs Summits

December 3, 2009

President Obama opened a “Jobs Summit” in Washington today in a  feeble attempt to salvage what’s left of the failure of his largest legislative initiative to date — the Recovery Act which has miraculously held unemployment at robust 10.2% (at least until November’s figures come out)!
Obama is basically asking for help — he obviously never [...]

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What does Obama have on the CBO?

December 1, 2009

Pure speculation here, but it seems that the CBO has done a 180 in the last several months.  Initially, their predictions on the cost of ObamaCare were pretty harsh to the Democrats, and fairly accurate.  In recent months, they seem to be using skewed accounting to illustrate that ObamaCare will:

Lower the deficit
Lower insurance Costs
Insure Everybody

I [...]

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We Spent $787 Billion, and All We Got Was A Lousy T-Shirt

October 15, 2009

Hope and Change.  $787 Billion spent, the single largest spending package (both in raw dollars and adjusted for inflation) in American History.   Promises of job creation and an end to the recession, and what do we have to show for it?  A dollar that is falling faster than Congress’ approval rating, and only 30,000 [...]

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Cash for Clunkers Headed to the Scrap Heap?

August 20, 2009

The Obama Administration is claiming that the cash for clunkers program will come to an end on Monday.  Apparently there just isn’t enough money to keep the program going.  Why can’t the Obama Administration apply this kind of thinking across the board?
In any event, this program’s demise, even if temporary is welcome.  It’s not that [...]

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Barack Obama: A Failed Experiment In Just 200 Days

August 5, 2009

This RNC ad which just came out highlights the first 200 days and the accomplishments of the Obama Presidency — 2.5 million dollars lost, trillions in additional deficits, bailout after bailout — and declares the Obama Presidency a failed experiment.  Then, it asks if America is ready to try another Obama experiment in regards to [...]

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GOP Stimulus Ad Makes The Point

July 9, 2009

With Obama’s approval ratings now hovering at about 50% and the economy continuing to flounder, the Republicans have a real opportunity to score some political points.  As pointed out previously, the first stimulus package is a complete disaster, and Democrats are worried, so much so that they are considering a second stimulus.  Well, the GOP [...]

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Obama’s Logic in Latin America

April 19, 2009

What’s he getting at I wonder? 
See, I’m trying to look passed the obvious — Obama wants other countries to like us so much he’s willing to throw away our long-held principles against left-wing dictatorships in our own hemisphere for temporary political gain.  Like his ideological predecessor, Jimmy Carter, Obama will undoubtedly learn that getting bad [...]

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Springtime for the New York Times

April 5, 2009

Surprise. Surprise.  A recent edition of the New York Slimes contains an editorial advocating massive government spending to stimulate the economy.  In this case, the Grey Lady actually uses historical evidence to support its argument.  Of course, the example is distinguishable from our situation because it featured spending on a massive war effort.  War, like [...]

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A Thought on “Greed”

February 22, 2009

The Dems have been trying to have it both ways by using the “greedy” label on Republicans and business in general for over a hundred years now.  Recently they’ve  flipped the greed issue on the Republican Governor’s lack of greed as a way to publically rebuke them about possibly sending back some of that Stimulus cash! 
There’s a difference [...]

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GOP Governors May Say “Thanks But No Thanks”

February 19, 2009

Now that Obama’s big government monstrosity is the law of land, debate has now shifted to the state level where many Republican Governors are considering rejecting the taxpayer dollars redistributed to them by the federal government. Democrats are up in arms of course, accusing many of these Governors of harming their citizens to score [...]

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A Little Hope for a Change

February 15, 2009

Though only about a month into the Obama Nation, an early political pattern may be developing:  Obama remains popular, but the Congressional Dems are slipping.  On the eve of Election Day, the generic Congressional ballot gave the Dems a six-point lead in Rasmussen’s poll.  Today they only have a one-point lead, a statistical tie and a consistent downward slide since November 4.  [...]

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Clip of the Week: Julio’s Moment of Ecstacy

February 13, 2009

With the stimulus debacle ready to become law and damn us all to a budget nightmare, I thought a little Friday humor is in order.  So here goes:  Which of the following choices best describes the following clip:

A.  a clear sign of the apocalypse, as some believe the Christ has indeed returned.
B.  an indication that stimulus money [...]

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Obama News Conference a Snore

February 10, 2009

I watched the Chosen One try to reassert his manhood in front of already mind-numbed media groupies on TV for 62 minutes last night.  How do I know it was 62 minutes?  He started scolding us at 8pm and I stopped squeezing the stress ball at 9:02pm — two minutes into the latest episode of 24!  That’s when my [...]

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Grow a Spine for a Ray of Hope

January 30, 2009

Rasmussen Reports has a new poll out showing that only 42 percent of the American people support Barack Obama’s stimulus package. That’s down three points from a week ago. Although the media will not report this lackluster showing for Obama’s plan or the fact that support is dropping with the same zeal they [...]

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The Economic anti-stimulus Package

January 24, 2008

President Bush and Congress are close to a deal on a $150 billion economic “stimulus” package.  The package includes a temporary suspension of the 10% income bracket, meaning that everyone who fell in this bracket would receive up to $800 ($1200 for married couples) in the form of a rebate.  In addition, the plan would [...]

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