Tag Archive 'Economy'

Spengler (David Goldman) gets to the core problems with Obama’s economic analyses

There were so many things wrong with Obama’s speech last night, whether because of dumb ideas, lies, vicious attacks against Constitutional guardians, etc., that criticism actually becomes difficult.  It’s kind of like punching Jello, because you just get sucked in.  Nevertheless, it is important to criticize, not just Obama’s untruths, but the fundamental flaws in [...]

Obligatory post about POTUS’ SOTU speech *UPDATED*

Preparing and eating dinner took precedence of the President’s first State of the Union speech, so I didn’t watch it in real time.  Indeed, because I find Obama’s presentation dull (he has the cadences of a slightly defective metronome), I haven’t listened to it at all, but I have read it.  I therefore felt that, [...]

Obami and Congressional Democrats no longer function rationally

There is something deeply, deeply wrong with the Obami and the Congressional Democrats.  Or maybe not.  Maybe they are just all too human and are living out that saying that “power corrupts, and absolute power corrupts absolutely.”  In this case, the corruption isn’t necessarily monetary (although that’s there too).  Instead, it’s a rot of the [...]

Obama overlooks the obvious when it comes to job creation

The jobs summit is at an end and Obama has given lip service to the private sector.  He doesn’t really mean it, though.  How can he, when he makes statements such as this one:
Mr. Obama said he would entertain “every demonstrably good idea” for creating jobs, but he cautioned that “our resources are limited.”
That is [...]

Use Thanksgiving week to let your Senators know what you think about health care

A message from William Kristol, one that I’ve already put into effect as to my own Senators (much good it will do, of course, as they’re Feinstein and Boxer):
I gather Rasmussen will report today that its latest survey shows support for the Congressional health reform legislation falling to a new low — 38 percent favor, [...]

More on Obama’s hostile relationship to the military

Jennifer Rubin has two posts this morning, both of which illustrate my point about the dangerous relationship between our CIC and the military he’s supposed to be leading.  In the first, she talks about the insane decision-making process in D.C., which seems to have little to do with either victory or troop safety:
The White House [...]

Just how bad is the economy?

Don Quixote forwarded me an email that perfectly explains just how bad the economy is:
Just how bad IS the economy?
The economy is so bad that I got a pre-declined credit card in the mail.
It’s so bad, I ordered a burger at McDonalds and the kid behind the counter asked, “Can you afford fries and [...]

The uneven economic recovery

There’s talk of the economy recovering, which is a good thing.  Yes, Obama will take credit for it, despite the fact that his massive spending bill has barely touched the economy, but that’s small potatoes.  What matters is that we’re not hovering anymore at the brink of economic collapse.
Still, I observed something interesting the other [...]

The practical implications of Obama’s decision to pick a trade war with China

Obama’s foolish decision to pick a trade war with China has larger implications about his governing style, as Jennifer Rubin explains:
[D]omestic political considerations and the good opinion of his base are more important to Obama than just about any other concern. That seems to be the motivating factor in a lot of what he does. The [...]

Oh, about those jobs saved? It’s not true.

“You may fool all the people some of the time, you can even fool some of the people all of the time, but you cannot fool all of the people all the time.” — Abraham Lincoln
Obama lies, and lies, and lies again. Sometimes he lies directly, and sometimes he lies by having his administration [...]

All the problems with Democratic health care reform

In just three paragraphs, Charles Krauthammar explains all of the problems with the health care reform the President so desperately wants passed by August:
President Obama premised the need for reform on the claim that medical costs are destroying the economy. True. But now we learn — surprise! — that universal coverage increases costs. The congressional [...]

Speaking of Newspeak — how about Kerry and Boxer on energy?

Even working together, Babs Boxer and John Kerry are still unable to beat Palin’s clear message and, instead, come out with meaningless government speak.  I can’t resist a very light fisking of their opinion piece for the WaPo, which does precisely what my blog slogan says Democrats do:  they take conclusions and try to sell [...]

GOP: Real solutions for a real recovery

Republicans are finally figuring out how to push back:
I like Ed Morrissey’s comment about the video:
Today, Barack Obama once again dishonestly claimed that Porkulus opponents wanted to “do nothing” in the face of the economic collapse, but that’s simply not true — which Obama might have learned had he leaned on Nancy Pelosi to include [...]

Joe Biden: the fool speaks the truth

In medieval times, the king’s fool was often the only one who could speak the truth, but that in the guise of a joke.  Joe Biden is a little bit different.  Obama didn’t mean him to be the truth-speaking fool but, apparently, the guy can’t help himself.  AJ Strata caught him on TV today admitting [...]

Reality check

Jennifer Rubin pithily sums up the insanity of the government’s cheerful report on increasingly higher unemployment numbers:
So to be clear: we’re headed for double digit unemployment, the very thing the stimulus bill was supposed to stave off. We didn’t keep unemployment anywhere near 8% as the administration predicted — but we did rack up a whole [...]

This picture is worth 9.3 trillion words

The WaPo, which was/is a major Obama water carrier, has nevertheless put together a striking graph showing exactly what Obama has done and, if not stopped, will do to the American economy.  Read it and send it to all your friends — I did.

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Stand up and cheer!

Work demands notwithstanding, I refuse to be the only conservative blog in America that doesn’t post this video of Daniel Hannan, MEP, savaging Gordon Brown’s economic policies — the same policies that Obama seeks to impose here, only on a larger scale.  If this doesn’t have you standing up in your seat, screaming and cheering, [...]

Be afraid, be very afraid

AJStrata explains why it is so bad that the Obama budget’s deficit will be even bigger than promised.

Economic collapse and bailout predicted in 2001

I was doing some research for a post I’m planning, and came upon an articled entitled “The optimal design of Ponzi schemes in finite economies” which Utpal Bhattacharya wrote in 2001 and published in 2002.  The summary reads as follows:
As no rational agent would be willing to take part in the last round in [...]

“Magic negro” engages in magical thinking

You remember when an LA Times opinion column told us that Obama was the “magic negro,” don’t you?  I think Obama took that idea way to seriously, because he’s now engaged in some magical thinking.  He assures us that, despite economic freefall, despite a trillion dollars in added debt, and despite the nationalization of our [...]

Top 10 reasons to oppose the stimulus

You know that I almost never print other posts in their entirety here, because I think the author of a good post deserves the linky-love of people clicking over to check things out.  I’m breaking my rule here by reprinting in its entirety Matt Kibbe’s list of Top 10 Reasons to Oppose the Stimulus, which [...]

Are the experts ever right?

I still remember back in the 1970s when the news was filled with stories about a $50,000 study to prove the breast milk was good for babies.  For those of you too young to remember, back in those days, $50,000 was a lot of money.  Also, back in those days, there remained a few old-style [...]

Paying for the other half

In words so simple even a Democrat (or Thomas Friedman) could understand, Thomas Lifson, editor at American Thinker, explains how American workers are being divided into an economic class system, with private sector employees supporting their more lavishly funded public sector counterparts:

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Fun facts about the stimulus plan

From Minority Leader John Boehner, a little information about the House Democrats’ $825 billion “stimulus” bill.
A Dozen Fun Facts About the House Democrats’ Massive Spending Bill
1. The House Democrats’ bill will cost each and every household $6,700 additional debt, paid for by our children and grandchildren.
2. The total cost of this one piece of legislation [...]

About that unemployment rate *UPDATED*

This morning’s headline in the on-line New York Times was that the “Jobless rate soars to 6.7% in November.”  I am really sorry about that.  I know people who have lost jobs, I know people whose jobs are on the line, and I give thanks daily that both my husband and I seem to have [...]