Category: The Economy

Love for Sale

As is well known, the movie business is pretty much dead to audiences unless you’re a teenage boy, so times is hard out here in Tinseltown for a scribe like me.

Michael Medved: A "Warrior for the Middle Class"?

Barack Obama responded to Republican charges of “class warfare” by saying he’s proud to be “a warrior for the middle class.” But what battles-or even skirmishes-has he ever won for working families?

Obama: No jobs bill means elect a new Congress

WASHINGTON (AP) — President Barack Obama promises to “keep pounding away” at Congress to pass his $447 billion jobs plan. read more

Why is Barack Obama’s re-election in 2012 only *now* in doubt?

I should note right from the start that I like Stu Rothenberg as a pundit and a political handicapper: he’s a pretty bright person and he has a lot of experience. But Rothenberg is also very much plugged into the professional political establishment… and sometimes, it shows. Case in point: Rothenberg’s otherwise spot-on analysis about the travails of Barack Obama these days has what I will charitably call a ‘howler.’ This president, like Presidents Jimmy Carter, George H.W

Amid failure, is Obama really succeeding?

David Limbaugh When Obama promised “hope and change” as a candidate, I think he had in mind a new paradigm, one of restructuring America’s economic system in his image rather than triggering economic growth, though he wanted the electorate to believe that growth was his focus. The economy had turned south by the time Obama was trumpeting that platitude, largely caused by liberal affordable-housing policies — the…

Can We Tell the Truth?

The question arises: How effective are weasel words in fighting off weasel words? With its leader having proposed to expand our deflating economy by redistributing another $1.5 trillion from private-sector producers to public-sector gluttons, the Obama Left’s talking point du jour is: “We are just asking the rich to pay their fair share.” The point here is not to rehearse the illogic of that assertion

Double-dip Learning Curve

In one of the least needed reassurances in modern political history, President Obama's top political man David Plouffe, “told Democrats late last week that the White House would not suffer from overconfidence. 'What I don't want to suggest is that we're sitting around and thinking everything is great,' he said.” With the White House's own economists predicting 9 percent or worse unemployment on Election Day, the president at about 39 percent job approval, college grads unable to find jobs, a quarter of American homes under water, no credible White House policy or strategy for changing things — and with most non-institutionalized Americans convinced we are in a recession that is going to get much worse — it is surpassing odd that Plouffe was worried that his fellow Democrats might think the president and his men believed everything to be hunky-dory. And yet, if it is not overconfidence driving White House strategy, what is?

Shorter Obama: Your Paycheck Is Money We Let You Keep

It is clear from the way President Barack Obama has been talking about the federal budget recently, and about taxation since he came to office, that all the money that Americans earn belongs to the federal government. The key words in this conversation are “tax expenditures.” Obama has lost a lot in tax expenditures, and he wants more of those tax expenditures back.

NPR Prods GOP Mayor to Endorse Obama Ideas, Asks If McConnell’s Being ‘Helpful’

National Public Radio nicely set up President Obama’s bridge publicity stunt on Thursday morning by going to a Republican demanding more federal aid to cities for infrastructure. On their website, the headline was “Infrastructure Funds Benefit More Than The Economy.” Morning Edition substitute anchor David Greene announced their oh-so-convenient booking of a Republican: “A number of U.S.

Elisabeth Meinecke: Obamanomics: An Election-Changer?

With just over a year to go before voters render their verdict on Obama's first term, the unemployment rate is consistently above 9 percent and Obama's smoke and mirrors rhetoric on the economy is fading…

Return of the Real Obama

In a 2008 debate, Charlie Gibson asked Barack Obama about his support for raising capital-gains taxes, given the historical record of government losing net revenue as a result.

Barack Obama’s deficit plan: No more Mr Nice Guy

FOR a few days in July Barack Obama and John Boehner, the Republican speaker of the House of Representatives, flirted with the idea of a “grand bargain” to hold down entitlement spending while increasing tax revenue. This, they briefly hoped, might unite their parties behind a durable solution to America’s deficit. But if any hope of such a grand bargain remained, it evaporated this week.In a speech in Washington, DC, on September 15th, Mr Boehner flatly declared tax increases “off the table”

A Frivolously Destructive Presidency

Obama’s presidency lurches from fad to fad — from gays in the military to “green jobs” to the “Buffett rule.” Hyped as a profound presidency, it has turned out to be an embarrassingly frivolous one.

Obama’s Bad Budget Moves

In early 2010, President Obama created the Bowles-Simpson commission on debt reduction. It was a shamelessly political move, designed to buy time in the budget debate and give Democrats cover through the November 2010 midterm elections.

Obama’s Bridge to Nowhere

In an effort to highlight the need for the American Jobs Act , which would provide billions in new infrastructure funding, the president will deliver a speech within sight of a “functionally obsolete” bridge on the Ohio River. Though the president disavowed “political grandstanding” in an address to Congress earlier this month, even the communications staff at the White House could not deny the political motives behind the visit

“Day of Rage:” Alinskyites call for pointless mass sleepover on Wall Street

What do they want? They’re not really sure.

Michael Bloomberg: You Have the Responsibility as an American to Make Obama Successful

**Written by Doug Powers On Al “Resist We Much” Sharpton’s MSNBC show, Mayor Michael “Resist We Salt” Bloomberg said that we must see to President Obama’s success for the sake of the future of our children and grandchildren (apparently in the future the cures for cancer and heart disease will be debt and unemployment checks, respectively). Transcript from Story Balloon : “But I think he is our president. And what we have to step back and say is, whether we voted for Barack Obama or not, whether we agree with Barack Obama or not, whether we like Barack Obama or not, he is our elected president

Obamacare is a job killer for small business, franchises

From The Washington Examiner: Millions of Americans are looking for work, and the number in poverty, 46.2 million, is the highest since the Census Bureau began compiling such data 52 years ago. The slow employment growth just might be connected to the $2,000-per-worker business tax, to begin in 2014, enacted as part of the 2010 [...]

Obama Jobs Plan ‘Stimulus Junior’

From NewsMax.com: President Barack Obama’s jobs plan is nothing more than stimulus junior and is destined to fail like the five-year plans of the old Soviet Union, Rep. Ted Poe tells Newsmax.TV. The Texas Republican said that, simply put, the idea that giving the government more control over money by raising taxes and spending as [...]

President Obama and the EPA’s War on Jobs

From RedState.com: For some time now, I and others have been documenting the relentless assault on economic growth by the EPA under President Barack Obama.  I feel like a broken record at times trying to beat this drum and get people to realize that while Obama doesn’t keep all of his campaign promises, destroying the coal industry is one [...]