Obama and his media cheer leaders insist his economic record should begin not at the beginning of his term but six months later when the recession ended and positive economic growth began. Thus, we mark June 2015 as the sixth anniversary of ObamaNomics.
Income Inequality is NOT the reason millions of Americans suffer insufficient incomes or are unable to access economic opportunity. One person does not, by earning a high income, cause other people to earn low or no income. The reason joblessness and middle class misery have been worse since the recession ended in 2009 than in […]
First in a series. President Obama, Hillary Clinton, media commentators, and misguided Republicans blame income inequality for middle class hardship and a host of other problems, even the riots in Ferguson and Baltimore. Mrs. Clinton’s campaign will allege that whoever becomes the Republican nominee caused or supports inequality and is therefore wicked and dishonorable The […]
Hillary Clinton’s campaign has been bogged down in scandals since her bizarre, YouTube “announcement” back in April. But over the weekend she delivered a much hyped “re-launch,” a speech in New York. She began with a reference to a 1941 speech by President Roosevelt wherein he called for government to somehow guarantee “freedom from want.” […]
If the economy falls in America but the President, and the Congress ignore it, will The People suffer? On Friday the Commerce Department issued a sharply downward revision of its GDP report for the first quarter of 2015. Instead of growing at a miniscule 0.2% the economy contracted. GDP came down 0.7%. The establishment media […]
We’re in the seventh year of the most audacious and reckless experiment with progressive economic theories in our nation’s history.
President Obama, the Democrats and their faithful, media cheer leaders have recently begun a virtual victory parade, claiming that the American economy has come back, and therefore their economic theories, implemented by the Administration, have been validated and vindicated. They hope to rehabilitate what has been the decaying reputation ObamaNomics. But an objective review of […]
There is a real cost to concentrating economic power in the central government. That cost is born by millions of men and women whose economic opportunity has been restricted for no reason, in exchange for no benefit. The Commerce Department just released it’s “advance estimate” of economic growth during the third quarter, ended September 30. […]
President Obama defines jobs “success” in a unique new way. President Obama has “pivoted to the economy” once again, in an appearance on Sixty Minutes, followed by Speech at Northwestern University. Here’s an excerpt from Sixty Minutes: Question: Right now public opinion polls show a majority of Americans disapprove of your handling of foreign policy […]
Inversion is a way for companies to work around a government imposed obstacle to investment in America. UPDATE: The news that Burger King plans to merge with a Canadian firm has energized anti-inversion talk in Washington and the media. President Obama and the Democrats, hoping to stir up envy and resentment against American businesses ahead […]
