Economy – Page 24 – John Hawkins' Right Wing News

Welfare State Advocate Spews Inaccuracies on PBS NewsHour

Posted on December 11, 2012 by Matt Vespa

The PBS NewHour has yet to invite a hard core conservative on the program to talk about the fiscal cliff.: Last week, they had NYT’s columnist, left-wing economist, and Obama cheerleader — Paul Krugman to detail his view. : Then, they had Sen. Bob Corker ( R-TN), but the December 6 broadcast was the most interesting. […]

AFP-PA presents taxpayer Xmas list, urges PA governor to reject exchange program

Posted on December 11, 2012December 11, 2012 by Matt Vespa

It’s Christmas Winter solstice/holiday time — and Governor Corbett seems tepid to reject the federal-state health care exchange program, which will be instituted under Obamacare. : Mitt Romney implemented a similar program, at the state level, when he was Governor of Massachusetts — which explains why conservatives were unable to make the 2012 election a referendum […]

Green Energy Equals American Decline

Posted on December 10, 2012 by Michael Fell

A Chinese auto company having just won the auction for bankrupt A123 Systems, one of Barack Obama’s car battery darlings that received a $249 million grant from the Obama government further illustrates why the White House playing capital investor with taxpayer funds investor is a very bad idea. When Obama took office in January 2009, […]

Obama proposes $60.4 Billion for Sandy relief, whatever happened to cutting spending?

Posted on December 8, 2012 by Chris Wysocki

Chris Christie and other Northeast governors went hat-in-hand to Washington this week seeking federal funds to rebuild after Hurricane Sandy. And President Big Spender readily agreed, proposing $60.4 Billion in immediate aid. President Barack Obama formally asked Congress Friday for $60.4 billion to help states such as New Jersey and New York rebuild in the […]

“Why is there CORN in my Coke?”

Posted on December 8, 2012December 6, 2012 by Craig Newmark

Newmark’s Rule #4: if you see something weird in the market, check to see if government is involved. It is,: here.

It’s the Spending, Stupid

Posted on December 7, 2012 by Michael Fell

Barack Obama, who seemingly has remained in campaign mode since first entering public life, continues to insist House Republicans obey his command to hike tax rates on upper income earners.: If Republicans do note cede to his demands, Obama is willing to let everyone’s taxes go up and to cut one trillion dollars from the […]

Six Degrees of Grover Norquist

Posted on December 7, 2012December 7, 2012 by Matt Vespa

Grover Norquist is evil. Grover Norquist is an impediment to good governance. We’ve all heard the pundits detail — ad nauseum — about how the founder of Americans for Tax Reform is a pernicious force within our political discourse. However, what’s depraved about this whole episode in Norquist bashing, which I’m sure he’s thoroughly enjoying, […]

Surprise! Team Obama Doesn’t Want Senate Voting On Obama Fiscal Cliff “Plan”

Posted on December 7, 2012 by William Teach

First we had Harry Reid, Democrat Majority Leader in the US Senate, refusing to allow any vote on Obama’s fiscal cliff tax ‘n spend plan, calling it a “stunt”. Following that we get (National Journal) The White House on Thursday dismissed as political mischief Senate Minority Leader Mitch McConnell’s offer to bring President Obama’s fiscal […]

Norquist: Obama’s Failed Fiscal Cliff Ideas Like a ‘Seinfeld Episode Where No Learning Takes Place’

Posted on December 6, 2012 by Warner Todd Huston

Grover Norquist worries that Obama is like a bad episode of Seinfeld and might prove unable to learn from his past mistakes pushing us over the fiscal cliff whether we like it or not. This is what Norquist, chief of Americans for Tax Reform — evangelist for the no-tax pledge that so many Republicans have […]

Reid Refuses To Allow Vote On Obama’s Fiscal Cliff “Plan”

Posted on December 6, 2012 by William Teach

One can always count on some funny stuff from Harry Reid (Weekly Standard) Senate majority leader Harry Reid is denying the Senate the chance to vote on President Barack Obama’s proposal. Reid calls Minority Leader Mitch McConnell’s request to vote on the plan a “stunt.” “I reserve the right to object. I just a minute […]

Speaker Boehner — What Are You Doing Up There?

Posted on December 5, 2012 by Matt Vespa

Is it revenge of the squishy Republicans? : It sure isn’t the reaffirmation of conservatism within the Republican Party. : On December 4, Matthew Boyle at Breitbart: reported: that the House GOP had begun purging conservatives from various committees. : In a time when Republicans need strong, principled conservatives to thwart the aggressive expansion of the state under Obama, Speaker […]

Washington Post: “Hey, Obama’s Fiscal Cliff Plan Is Rather Disingenuous, Eh?”

Posted on December 5, 2012 by William Teach

Late yesterday, the Washington Post editorial board determined that the “Opening bids on ‘fiscal cliff’ talks are too small“. After spending most of the opening part of the editorial attacking John Boehner’s opening bid (surprising, eh?), we learn What’s worrisome, though, is that the two sides are slipping into a kind of tacit agreement to […]

AP’s False Claim That ‘Some’ Democrats Open to Entitlement Cuts

Posted on December 4, 2012 by Warner Todd Huston

In a November 28 article, the Associated Press tried to give cover to Democrats by insisting that they are somehow divided over cuts in entitlements to help solve the “fiscal cliff” problem. But the truth is, Democrats are united against these cuts, not divided. In its piece headlined, “It’s Not Just Taxes: Benefit Cuts Divide […]

Obama, GOP Throw Their Dogs In The Ring

Posted on December 4, 2012December 4, 2012 by Matt Vespa

I’m sure a lot of you exuded similar reactions to the president’s laughable fiscal proposal to prevent the nation from going over the cliff. : He asked for $50 billion in additional stimulus and $1.6 trillion in tax hikes “as part of any ‘fiscal cliff’ deal,”: according to CNBC. : In all: The plan calls for $1.6 trillion […]

Media Ignores Obama Admin’s Effort to Define ‘Poverty’ Upward

Posted on December 3, 2012 by Warner Todd Huston

Mickey Kaus has alerted readers to a change in the way the federal government figures the poverty line and that new way so alters the formula that we will never be able to show any improvement in rates of poverty going foward. Worse, the new formula stops measuring strict want and instead measures a more […]

The Lies The SEIU Tells Its Members

Posted on December 2, 2012 by Warner Todd Huston

This week the SEIU sent out an email to its members hoping to drum up some hate against the fast food chain Wendy’s. The email not only had one outright lie, it was also a sad example of how stupid unions think their members really are. The email starts out as if it is from […]

The Grumpy Economist predicts the near future

Posted on December 2, 2012November 16, 2012 by Craig Newmark

They’re not happy predictions. Advice? If you run a business, get a lot of lawyers and lobbysists. He who writes the regulations will make a lot of money. He who does not will lose. : Make sure you make the right political contributions and don’t say anything critical of those in power.

Sen. Orrin Hatch: Obama Fiscal Proposal ‘Classic Bait and Switch’

Posted on December 1, 2012December 1, 2012 by Warner Todd Huston

Senator Orrin Hatch (R, Utah) delivered the GOP weekly address and it was a damn good one. He pulled no punches and laid it out straight that Obama lied when he ran for re-election and perpetrated a “classic bait and switch” maneuver. What ever you think of Mr. Hatch or the GOP, he spoke truth […]

Obama’s Keeping A “Naughty And Nice” List

Posted on December 1, 2012 by William Teach

Yet another “enemies” list for the most polarizing president ever (via The Lonely Conservative) “Joe Biden was in Costco and he wanted to buy some of this stuff, but I told him he had too much work to do. I wasn’t going to have him building roller coasters all day long. Now, of course, Santa […]

Republicans Will Have to Swallow Tax Hikes

Posted on November 30, 2012 by Matt Vespa

As I’ve said previously, I hate tax increases, but I’ll settle if a 10:1 deal is reached. : Ten dollars of spending cuts, including welfare state cuts, for every one dollar raised in revenue. : It’s a rational deal. : If we can retake the Senate, and maintain our majority in the House; then perhaps we can discuss […]

Is It A Woman’s World?

Posted on November 30, 2012December 1, 2012 by Matt Vespa

I won’t lie. I found Suzanne Venker’s piece about the ‘war on men‘ interesting, thought-provoking, and controversial. In the process, she has reaped a whirlwind of left-wing hate. It’s no surprise that today’s economy is better suited for women. Manufacturing, the lynchpin of male labor, has collapsed — and now scores of men are left […]

Obama’s Fiscal Cliff Offer: Tax And Spend

Posted on November 30, 2012 by William Teach

An unserious proposal from an unserious president (Politico) Treasury Secretary Timothy Geithner’s fiscal cliff proposal to Republicans Thursday was rejected out of hand, but offered a window into President Barack Obama’s priorities in the fast-evolving budget talks. In the plan, sources said, Geithner proposed a two-step process to ultimately achieve about $1.6 trillion in new […]

Obama’s Plan: Tax Now, Cut Later

Posted on November 29, 2012 by Michael Fell

Obama has demonstrated zero flexibility on his insistence that higher tax rates for the wealthy kick in on January 1, 2013. To those familiar with “progressive” modus operandi, it is not surprising that the White House and their “progressive” political allies envision Medicare and other “entitlement” savings happening ten to twenty years from now. This […]

Fiscal Cliff Will Happen

Posted on November 28, 2012 by Michael Fell

With events scheduled for in the White House and on the road, Barack Obama is back on the campaign trail spreading his message, with the clear and obvious intent of pressuring Congress into agreeing to his “fiscal cliff” terms. While he will make claims to a willingness to listen to all ideas and negotiate with […]

Ah, the fallacy of the Clinton-era tax rates

Posted on November 28, 2012 by Dustin Siggins

As the “fiscal cliff” gets closer, Democrats are continuing their argument that a higher tax rate on the wealthy will bring back the good old days under President Clinton. As I outlined yesterday afternoon for the Tea Party Patriots, however, this comparison has a number of major flaws and fallacies: First, the simple fact is […]

Leadership In The Obama Era: A PR Blitz On The Fiscal Cliff

Posted on November 28, 2012 by William Teach

This is what you get when you elect a community organizer with no executive experience to replace the complete SCOAMF who was in office from 2009-2012 (Washington Post) The White House signaled Tuesday that it will try to marshal the momentum from President Obama’s reelection triumph into another victory at the negotiating table, launching a […]

College Professors Lose Hours Because of Obamacare

Posted on November 27, 2012 by Warner Todd Huston

One of my favorite stories this week is the college professors at Pennsylvania’s Community College of Allegheny who’ve had their hours cut because of the costly requirements of Obamacare. One of Obamacare’s changes to general business practices is to make people who work 30 hours or more a “full time worker.” For generations that magic […]

White House: Social Security Should Be Off Limits In “Fiscal Cliff” Talks, But Won’t Show Their Plan

Posted on November 27, 2012 by William Teach

Other than raising taxes and gutting the military, is there anything Team Obama is willing to discuss? They’ve already shrieked that Obamacare is off limits, even though it is another in a long line of entitlement programs that can’t be paid for (CBS News) It appears another issue of disagreement has surfaced in regard to […]

How Falling Off The Fiscal Cliff Impacts You

Posted on November 26, 2012November 27, 2012 by Matt Vespa

I’ll say it again, Democrats want to go off the fiscal cliff. : They’ll get their tax increases — $600 billion dollars worth— their revenue increases, and cuts to defense, which has been a goal of theirs for the past ten years. : Goodbye Bush tax cuts, Hello Obama tax hikes. : With the fledgling coalition of ‘cliff […]

Minorities Disproportionately Worse Off Under Obama

Posted on November 25, 2012 by Rachel Alexander

It is puzzling that so many minorities voted for Barack Obama over Mitt Romney considering how disproportionately they have suffered economically during Obama’s presidency. Black unemployment under Obama: increased: at a higher pace than whites, from 12.7% to 14.1%, ending at almost twice the unemployment rate of whites. Now, one out of every seven blacks is unemployed. […]