The following exchange took place when President Obama appeared on The Late Show with David Letterman: Letterman: I watched the Republican convention and they had the debt clock…and it’s several trillion dollars.  Do you remember what that number was?  Was it ten trillion dollars?  President Obama: I don’t remember what the number was precisely… Letterman […]

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 […]

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 […]

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 […]

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 […]

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 […]

Can you spare a few bucks to help disadvantaged millionaires pay higher taxes? Recently, in coordination with President Obama’s renewed calls for a tax hike, the political-media establishment revived one it’s more absurd scams, “millionaires” complaining that the tax system doesn’t take enough of their income.  It’s absurd because a millionaire, indeed any taxpayer, is […]

President Obama and the Democrats keep trying to shift the blame for seemingly endless economic misery from themselves to the very taxpayers who have delivered more revenue to the government than anyone thought was possible just a few months ago. By now virtually every American has heard President Obama, the Democrats and the media chorus […]

If you believe the Administration’s math each stimulus job cost the government $222,000. It’s a Washington tradition.  Release information the President doesn’t want anyone to notice on Friday evening, especially before  a three day weekend. On Friday evening before the July 4 weekend the White House Council of economic Advisers published a report with the […]

President Obama’s deficit narrative is a hoax. In what has become his campaign stump speech he makes a series of assertions that upon scrutiny prove to be baseless and to contradict publicly available data from his own Office of Management and Budget (OMB).  He claims that during the Bush years: …we made the [deficit] problem […]