President Obama and his media supporters tell us his jobs policies are a success and thus he deserved reelection. But measured against either the historical record or the standard set by his own promises and projections his jobs record is a failure. To put the best spin on the Obama jobs record his campaign and […]
Measured by President Obama’s own criteria, his economic initiatives failed. The November jobs report was released Friday. The unemployment rate ticked up slightly to 7.9%. Compared with the President’s predictions and promises this number represents massive failure. As Barack Obama assumed office in January 2009 America was suffering from a severe recession. Rahm Emanuel, his […]
Can government pay for new infrastructure initiatives with imaginary money? The President has contradicted himself several times, most recently during the second debate. But so far the media have been too obsessed with Romney’s binders to notice. In the first debate President Obama was asked about the deficit. His answer, in part, was: When I […]
During the Second Presidential Debate, to head off the valid criticism that his tax increase on “the wealthy” would curtail small business expansion and thus limit job creation, President Obama asserted this misleading, irrelevant statistic: So what I’ve said is, your first $250,000.00 worth of income, no change. And that means…97 percent of small businesses, they […]
Obama’s case against the Bush Tax Cuts is based on misinformation and deception. Third in a three part series: Part 1 Part 2 During his debate with Paul Ryan Vice President Biden attempted to deceive us regarding the Bush tax cuts and Romney’s proposed tax cuts. In a jumble incomprehensible sentence fragments he hurled out […]
Second in a three part series: Part 1 Part 3 Mitt Romney has proposed across the board tax cuts to all the tax bracket rates to help revive America’s halting economy. This is a proven strategy that will enable businesses to grow by reinvesting after tax profits and expand the pool of investment capital available […]
No historical precedent supports Obama’s wild allegation that Romney’s tax plan will result in a $5 trillion revenue loss. First of a three part series: Part 2 Part 3 The Charts below demonstrate that Mitt Romney’s tax proposals are perfectly reasonable and, based on historical precedent, can increase income tax revenue without increasing the tax […]
Desperate to make his case for reelection President Obama continuously reminds us that he began his term with an inherited recession. If he does win the election his second term may well start with an inherited recession. Little noticed by the establishment media, the Commerce Department revised it’s estimate of second quarter economic growth downward […]
President Obama’s canned explanation for his enormous deficits is so ridiculous, so ludicrous, the so-called fact checkers of the establishment media would be spraying Pinocchios with a fire hose if he were a Republican. [Continued below the chart] A genuine explanation for the deficits would have to include thousands of spending line items, with entitlements […]
A lot of angry tweets and emails were hurled our way by Conservatives after my previous post regarding the infamous “47% video” of Romney’s fund raiser. Most of them expressed the same sentiments: Romney’s right! There are way too many people receiving subsidies and not paying income tax. I agree. But That’s not what Romney […]
