Category: Economy

Obama Did Build This…

Posted on by Matt Vespa

  To no one’s surprise, Obama treated his donors well after the 2008 election. : He may not have built a small business that employed people, but he’s sure good at building a culture of corruption that ends in more folks being sent to the unemployment line. :  However, for a candidate who campaigned as a […]

 

How’s That “progressive” Deal Working Out For You?

Posted on by Michael Fell

According to the Labor Department, jobless claims for unemployment benefits surged 34,000 to 386,000.:  Figures for the prior week were revised upwards to 352,000 from the 350,000 previously reported.:  This makes every time since the current administration seized power that previously reported unemployment numbers were later revised upwards. Meanwhile, factory activity fell shy of expectations […]

 

Obama’s Got A Lot On His Plate, Too Much To Meet With Jobs Council

Posted on by William Teach

Laughtastic copy from Wonderkid Jay Carney (RCP) REPORTER: On the Jobs Council, obviously they’ve reported to haven’t met formally or publicly for six months. Why is exactly is that? CARNEY: Look, the president solicits and receives input and advice from members of his Jobs Council and others about economic initiatives all the time. And I […]

 

Canadians are Richer Than Americans…eh

Posted on by Matt Vespa

For the first time, Canadians are richer than Americans. According to Meg Handley of U.S. News and World Report: : The average Canadian household is more than $40,000 richer than the average American household. The: net: worth: of the average Canadian household in 2011 was $363,202, compared to around $320,000 for Americans. If you’re thinking the Canadian advantage must […]

 

D.C. Cabbies Upset Over New Regulations Which Raise Costs

Posted on by William Teach

Who would have thought that increased regulations and business burdens could cause costs to rise? Weird, huh? (Washington Post) Some D.C. taxis, passengers complain, are old, rickety, hot and smelly; the cabbies don’t take credit cards; they’re illegally choosy about whom they pick up, and they pay more attention to their phone calls than to […]

 

Obama Discusses Vision For Second Term: A Lot Of Spending

Posted on by William Teach

No one should be particularly shocked. It’s all he knows, especially since it’s not his money (via Erika Johnsen from Townhall) Of course, he uses the word “invest” as a euphemism for spending boodles of Someone Else’s cash. Money we don’t have. On projects that have so far failed. He wants “investments” in more failed […]

 

New York Times Slams Romney on Foreign Finances, Ignores Democrats’

Posted on by Warner Todd Huston

The New York Times is aghast that Mitt Romney won’t succumb to demands from Democrats and the Old Media that he release enough of his financial records to suit them. In particular, the Times worries over Mitt’s Swiss bank account and foreign investments. But while the paper beats Romney up for his finances they ignore […]

 

Surprise! WaPo Supports New Tax

Posted on by Matt Vespa

  Liberals and their media outlets, like The Washington Post, have yet to find a tax they don’t like. :  Concerning e-commerce, with sites like Amazon.com, states could impose a sales tax on the revenues derived from such entities. : Hence, the Marketplace Fairness Act that “would grant states the authority to require remote sellers to […]

 

Team Romney To Hit Obama On Crony Capitalism

Posted on by William Teach

It started Sunday with Ed Gillespie hitting Obama And the Washington Post picks the story up Trying to shift the presidential campaign narrative away from his personal finances and tenure at Bain Capital, Republican Mitt Romney will launch a fresh assault this week accusing President Obama of political cronyism at the expense of middle-class workers. […]

 

Immigration Is Also A Key Issue In 2012

Posted on by Matt Vespa

Despite his moderate character, Mitt Romney could be the most conservative candidate we’ve had on immigration in over a decade. : Regardless, immigration should be front and center because it is an economic issue. After all, our large welfare apparatus is one of the main reasons why immigrants flock to the United States. : In addition, legal […]

 

Reuters Touts Obama’s Faux Tax Cuts

Posted on by Warner Todd Huston

Reuters has apparently singed up on Obama’s communication team if its latest lovefest over his plans to favor America with “tax cuts” just in time for the January election campaign is any indication. It took four, count ’em four, Reuters reporters to come up with this one! Reuters was pleased to note that Obama and […]

 

“California’s Bad Bet Makes JPMorgan’s Look Minor”

Posted on by Craig Newmark

Absolutely true. The one I’m referring to was: made: by California legislators on Sept. 10, 1999. They decided that investment gains would cover 100 percent of the cost of retroactive pension increases they granted that day to hundreds of thousands of state workers. The politicians made the wrong bet — and the result has been a penalty […]

 

WaPo Hypes Poll On…Weather!? Buries Anti-Tax Hike Sentiment

Posted on by Matt Vespa

With the scorching heat and the infamous derecho that left D.C. in the dark on June 29, it seems perfectly logical for folks in the Washington area to blame “global warming” as we all bake in the 100 degree heat. In fact, The Washington Post conducted a poll that showed that a majority of Americans […]

 

CNBC Declares Texas Top State For Business 2012

Posted on by William Teach

Is anyone shocked in the least? (CNBC) Texas has done it again. The Lone Star State makes a triumphant return as America’s Top State for Business–its third time at the top of our rankings. “Listen, there is a reason that Caterpillar moved their hydraulics manufacturing and their engine manufacturing to the state of Texas,” said […]

 

Bernie Goldberg: Media Will Ignore Obama’s Five Major Broken Promises

Posted on by Matt Vespa

The liberal media will make sure to go through the motions and occasionally hit President Obama with some critical points, but they will hold their fire when it comes to addressing five major unfulfilled campaign promises, former CBS reporter and media critic Bernie Goldberg told Fox News’s Bill O’Reilly last night. Given that the latest […]

 

Obama is the Outsourcer-in-Chief

Posted on by Matt Vespa

As: President Obama slams Romney for being a “pioneer” in outsourcing jobs: overseas, it appears the president himself and his most loyal supporters are leading the charge in American outsourcing. : According to William Bigelow of Breitbart.com, “Obama’s second largest: fundraiser: is John Rogers, the CEO of: investment giant Ariel Capital Management. He has raised more than: $1.5 million: for Obama’s reelection campaign. […]

 

CNN Accuses Republicans of Stirring Up ‘Uncertainty’ About ObamaCare

Posted on by Matt Vespa

CNN’s Christine Romans played Obama spokesperson on Monday’s Starting Point and accused Republicans of creating “uncertainty” about ObamaCare in trying to repeal it. That fits what has seemingly become a CNN line of “stop fighting this law and get in line.” “I’m wondering, should Congresspeople be spending more time helping their constituents comply with the […]

 

Every Republican Governor Elected in 2010 Reduced Unemployment

Posted on by Matt Vespa

While liberals remain aloof to our economic recession in Washington, every Republican governor elected in 2010 has reduced unemployment and spurred an economic recovery at a rate faster than the national average in their respective states. : Tony Lee of Breitbart.com stated that “the average drop in the unemployment rate in these states was 1.35%, compared […]

 

Obama’s Weekly Address: Unintentionally Blames Self For Crummy Economic Conditions

Posted on by William Teach

And, of course, he’s taking total credit for what was a truly bipartisan piece of legislation (White House) Hi, everybody. I’m here in Ohio, where I’ve spent the past couple days talking with folks about our central challenge as a country — not just reclaiming all the jobs lost to the recession, but reclaiming the […]

 

The Job Sinkhole

Posted on by Michael Fell

Today the American unemployment rate remains unchanged at 8.2 percent.:  The economy is still five million jobs shy of the breakeven point as America continues to drown in a sea of growing government red ink while struggling to tread water under the overburden of oppressive big government regulations. Since the start of the seemingly never […]

 

Obama Has Lied to Us For Years About Jobs Reports!

Posted on by Warner Todd Huston

Once again we get a dismal jobs number from our government. So few jobs were created that we aren’t even keeping up with population growth! And once again Obama tells us not to pay any attention to those numbers. Pay no attention to the man behind that curtain! What is it they say in Obama’s […]

 

10 Ways Obama Is Killing The American Economy

Posted on by William Teach

The websites of Alex Jones can often be a beehive of conspiracy theories, and were the favorites of liberals who bought into the whole 9/11 Truth derangement. However, mixed between the conspiracy stories, some of which are legitimate, there are some great stories. Like this one Have you ever heard the old saying “the beatings […]

 

Politico Forgets to Mention Democrats Caused Student Loan Interest Rate Hike Problem

Posted on by Warner Todd Huston

In its update on the coming student loan interest rate hike deal in Congress, Politico dances its blame-the-GOP tap dance once again saying that the coming rate hike is all just “politics.” But somehow Politico forgets to note that this interest rate problem is of the Democrats’ own making in the first place. Reporting that […]

 

Sidecar Highlights Just What Is Wrong With Big Government

Posted on by William Teach

Here’s an interesting one, via Grist In theory, Sidecar is about sharing. Here’s how it’s supposed to work: You’re headed downtown in your car, but before you leave you check your Sidecar app. A user a few blocks down is looking for a ride in the same direction. You swing by, pick her up, and […]

 

Chief Justice Roberts Reelected Barack Obama On Thursday

Posted on by Warner Todd Huston

I know many of you may be upset at this article, but I think the election is now over. Obama will get a second term. I don’t say this happily, but barring any really controversial incident that makes Obama look bad — or worse than he is, I should say — it looks to me […]

 

VIDEO: Democrats Next to Move to Unionize Obamacare Doctors

Posted on by Warner Todd Huston

In another sign that our healthcare industry is soon to be just another arm of the Democrat Party, Chicago are Democrat Congresswoman Jan Schakowsky thinks it’s a great idea if doctors unionize. This will completely end any chance that doctors will care about patients. They will instead become just another uncaring, slipshod union hack that […]