After signing into law legislation that increased the national debt by a massive $2.4 trillion, the President said he wants to solve other issues including tax cuts for the middle class and extended unemployment benefits. No mention was made of focusing on job creation but the President said he understood what the voters really wanted. […]
White House Claims $787 Billion Stimulus “Created” 3 Million Jobs – At A Cost Of $262,333 Per Job
July 14, 2010 Leave a Comment
The White House Council of Economic Advisers today proudly praised the $787 billion stimulus program, claiming that it had created or saved 2.5 to 3.6 million jobs. Without bothering to debate how the Council arrived at its estimate of jobs saved or created, lets take the average of their estimated jobs (3.05 million) and divide […]
Obama’s Approval Rating Plunges – Why Do 40% Of Voters Still Support Him?
July 14, 2010 3 Comments
A new poll released by the Washington Post-ABC News shows that support for the president has plunged to a new all time low. A staggering 60% of voters say that they “lack faith in the president to make the right decisions for the country, and a clear majority once again disapproves of how he is […]
America – More Of A Welfare State Than We Admit
June 22, 2009 1 Comment
America has become more of a welfare state than most of us would care to admit as Robert Samuelson details in a recent article. The shock to many will come when it becomes obvious that the promises made by Government are so large that they simply cannot be kept. Washington Post – Raised in an […]
Obama – Is The Infatuation Justified?
June 1, 2009 Leave a Comment
President On A Roll It seems as if the President is enjoying an extended honeymoon with both the press and voters, while the Republicans remain disarrayed and powerless. Public optimism and confidence is surging based on the hope that the steps taken by the Obama administration will lead to brighter economic days. The voters and […]
Karl Rove Shreds Obama
May 22, 2009 Leave a Comment
American Dream Turning Into A Nightmare Hard questions are being asked as we confront major issues that will challenge our concepts of traditional American culture and society. The ongoing financial crisis is exposing the myth that America has no fiscal limitations and is able to provide the benefits, wealth and security that many believe […]
Sanction Of The Victim Part 1
May 14, 2009 Leave a Comment
Thought Provoking Links Obama Says US Long-Term Debt Load “Unsustainable” May 14 (Bloomberg) — President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries. “We can’t keep on just borrowing from China,” Obama said at a town-hall meeting […]