Obama’s Hockey Stick Debt Graph

UPDATE: Responding to critics here and on Twitter we added a second chart that begins in 1989.  Please scroll down. ffffffff

Triumph of The Tea Party

This article was revised after Congress passed the debt ceiling increase. Have tea party voters turned a mundane function into an unnecessary crisis? Why is there a debt ceiling?  It’s not in the Constitution or the Bible. America has a debt ceiling because politicians find it too difficult to vote against specific borrowing and spending […]

A Debt Ceiling Conversation with The President

With only a few days left to prevent a debt ceiling crisis President Obama asked the TV networks for prime time to inform The People of a grave situation and of the options available to us deliver another, tedious campaign speech. What if we had been able to interact with the President, turning the speech […]

Democrats’ Latest Debt Ceiling Offer: No Tax Hikes

Senate majority Leader Harry Reid is now willing to make a debt ceiling deal without tax increases just to avoid another debt ceiling deadline before the election.  The final week before the debt ceiling deadline begins with two new debt ceiling plans.  These plans are not yet available on line so all we know about […]

Debt Celing Fight: Obama Has Made Himself Irrelevant

On Friday Evening an angry President Obama held a press conference to announce that, once again, debt ceiling negotiations had broken down.  Of course he blamed Republicans.  Here’s an excerpt: So here’s what we’re going to do.  We have now run out of time.  I told Speaker Boehner, I’ve told Democratic Leader Nancy Pelosi, I’ve […]

How’s That “Shared Sacrifice” Working Out So Far?

What would it take for government to begin sharing in the sacrifice? For the first three months of 2011 President Obama demanded that Congress raise the debt ceiling without any conditions, without any spending cuts whatsoever. Then, when the polls turned against that idea he began to call for “shared sacrifice” in the form of […]

Debt Ceiling Debate: “Balance” vs Confronting Reality

Before we agree to President Obama’s demand for tax increases shouldn’t we take a look at what brought us to this moment of debt crisis? In his third debt-ceiling press conference President Obama called for a “balanced approach” or “balanced package” seven times.  By this he meant immediate tax rate increases and spending cuts to […]

Barack Obama Owns This Debt Crisis

The Obama Administration’s fiscal and budget policy is simple: Position the President to blame others for the debt crisis and to take the credit if the relatively few competent adults who serve in Congress manage to resolve it. With the (2nd) debt ceiling deadline looming, and secret, high-level negotiations on-going, President Obama appears and reappears, […]

Shovel-Ready 2.0? Obama Recycles the Same Old Hype

The speeches are about “getting our fiscal house in order.” But the real agenda is the relentless accumulation of government power. After the Labor Department published a truly grim jobs report on Friday President Obama stepped to the microphones and made a brief statement including: There are some things we can do, right now…Right now […]

Another Devastating Jobs Report Confirms Failure

The Labor Department posted a grim jobs report for June, emphasizing America’s continuing economic misery. Employers added an anemic 18,000 jobs in June.  The May number was revised downward from 54,000 to 25,000 additional jobs. The unemployment rate ticked up to from 9.1% to 9.2% If the 2011 rate of job growth continues, it will […]

Next Page »