Five Years of ObamaNomics: A Progress Report

June 2014 was the fifth anniversary of the end of the 2008-09 recession.  But the US economy has not yet begun an acceptable recovery.  Polls show more than half of Americans believe we’re still in recession. According to the “advance estimate” published Wednesday by the Commerce Department, Gross Domestic Product (GDP) grew at an annualized […]

Job Market Deception by the “Experts”

How Government-Media “experts” spin bad news as good news. The headline unemployment rate dropped from 6.3% in May to 6.1% in June.  A round of cheers was herd from the “experts” in the Obama Administration and the media.  Unfortunately, we live in a new kind of economy now, an economy with more government intervention than […]

Has Another Recession Already Begun?

What may become the most significant news economic news of 2014 was nearly ignored by the political-media establishment. The Commerce Department published its third and final revision to its quarterly GDP report.  The economy contracted by 2.9% during the first quarter of 2014. As the chart shows we were already suffering through the weakest of […]

I Am The American Dream of July 4

Independence Day devotion by Cheri Douglas I Am the American Dream.  I was born on the 4th of July, 1776, the day the Declaration of Independence was published.  I was born as a vision in the hearts and minds of the founders and their families, men and women who came to the shores of this […]