Obama’s Class Envy VS Economic Reality (3)

One of the Progressive Movement’s core doctrines, adapted by President Obama as a reelection campaign theme is that the economy is a zero sum battle ground where the rich face off against middle class workers with one side enjoying greater prosperity only at the expense of the other.  But in reality the interests of the [...]

Obama’s Fraudulent Unemployment Rate

Hours after the monthly jobs report was published President Obama was gloating before the cameras.  Unemployment had declined from 8.7% in November to 8.5% in December.  The media herd was gleefully stampeding to a revised narrative:  The economy has improved, boosting the reelection prospects of Barack Obama, the man with no credentials or relevant experience [...]

ObamaNomics: Year 3 In Review

President Obama’s reelection campaign, begun almost a year ago, is based on blaming the previous administration for America’s economic misery.  But 2011 has been his third full year and it’s time for his Administration to stand on it’s own.  It’s time for an accounting First the debt. [continued below the chart] In 2011 Government debt [...]

Obama 2012: Pureile Theatrics and $40 Pizzas

There is no bottom to President Obama’s political deception and class warfare pit. If you followed this week’s drama in Washington you know the House passed a bill that would extend the temporary payroll tax reduction for another year.  The Senate responded with a bill that would extend it for only two months.  Republicans finally [...]

ObamaNomics Misery Graph

If the 2011 rate of job growth continues it will take until May, 2013 for the number of jobs to equal the number in January, 2009, the beginning of the Obama Administration.

Obama’s “Balanced Approach” Tax Hikes Are Snake oil

Mr. President, If “revenues” are the problem, How can your Government gobble up a 21% increase in income tax revenue and still run an even larger deficit? President Obama and the Democrats insist that the government’s continuous, yawning deficits can not be closed by spending cuts alone, that “revenue!” must be part of a so-called [...]

Obama Designs a Tax Plan to Prevent New Jobs

President Obama introduced his plan to “pay for” his so-called “American Jobs Act” with a classic political straddle: Nobody wants to punish success in America…this is the land of opportunity. That’s great. All I’m saying is that those who have done well, including me, should pay our fair share in taxes to contribute to the [...]

Obama Teleprompter Malfunction

President Obama stepped in front of the cameras in the white House Rose Garden and gave an angry speech to promote his “plan for deficit reduction.”   But two, contradictory segments from his remarks are typical of the chaotic lack of focus and consistency usually associated with politics, not serious policy debate. Most of the speech [...]

Zero Jobs: The Needless Misery Continues

The Chart compares the results of the Obama strategy of massive government borrowing, spending and intervention in the private sector with the results of the Reagan approach of deregulation, lower income tax rates and greater liberty. Employers added ZERO new jobs in August. The statistics for June and July were revised, showing 58,000 fewer jobs [...]

Who Is and Is Not Responsible For Exploding Debt?

Progressives are trying to portray President Obama as a deficit hawk and are blaming Republicans, the Tea Party, President Bush, even President Reagan whose Administration ended 24 years ago for the recent spike in government debt. Some progressives even say there is no debt problem, that tea party Congressmen manufactured a crisis that doesn’t exist [...]

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