Yet another negative employment report was released Friday – 36,000 jobs lost in February. President Obama appeared on TV to claim, preposterously: …this was better than expected…and shows the measures we’re taking to turn our economy around are having some impact. Not to be out done, Senate Majority Leader Harry Reid took to the Senate [...]
On Monday President Obama posted his version of ObamaCare on the White House web site. As we noted in our previous article, it isn’t in legislative form, ready for Congress to vote. It’s a marketing brochure, mostly recycled from previous speeches and campaign communications. The so-called “President’s Plan” is merely a list of promised benefits [...]
The private sector’s ability and willingness to generate income and profits for government to seize through taxation is rapidly diminishing due to the increase in federal power and intervention. The drop in individual income tax revenue in fiscal 2009 was the steepest since 1939. As the chart shows revenue continues to plummet in fiscal 2010 [...]
UPDATE: This week President Obama began a campaign style tour to hype the “success” of the Recovery Act or “stimulus.” He said without it there would heave been “a catastrophe.” But he did not provide any details as to the nature of the catastrophe. Considering the data below it’s pretty difficult to characterize employment as [...]
UPDATE: N.O.W. President Terry O’Neill claims the ad is a “celebration of violence against women.” Here’s the quote: I am blown away at the celebration of the violence against women in it. That’s what comes across to me even more strongly than the anti-abortion message. Well, they did it. CBS ran the dreaded Tim Tibow [...]
On President Reagan’s birthday, consider the closing paragraphs from his Farewell Address: In the past few days I’ve thought a bit of the “shining city upon a hill.” I’ve spoken of the shining city all my political life, but I don’t know if I ever quite communicated what I saw when I said it. But [...]
March 12 update . January 21, 2010: Several readers urged us to combine and clarify charts and commentary from previous articles in one, more concise presentation. With our thanks for constructive criticism, here it is: ObamaNomics is built on the assumption that politicians are better stewards of economic resources than the millions of individuals and [...]
Sometimes a picture is worth more than a thousand of our words.
The White House announced Friday that President Obama will make campaign appearances in Massachusetts on Sunday in an effort to boost the flagging candidacy of Martha Coakley for U.S. Senate. Tuesday’s special election is to fill the vacancy left by the death of Senator Ted Kennedy. Republican candidate Scott Brown, who has promised to vote [...]
In his Thursday speech about the Christmas Day terror attack President Obama said: I have repeatedly made it clear — in public with the American people, and in private with my national security team — that I will hold my staff, our agencies and the people in them accountable when they fail to perform their [...]
