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.
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.
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 […]
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 […]
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 […]
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 […]
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 […]
Obama reprimands gullible believers who voted for misty “hope and change.” Speaking at a fundraiser in Chicago President Obama expressed frustration: When I said, ‘Change we can believe in,’ I didn’t say, ‘Change we can believe in tomorrow.’ Not, ‘Change we can believe in next week.’ We knew this was going to take time, because […]
What would it take for government to begin sharing in the sacrifice? For the first three months of 2011 President Obama demanded that Congress raise the debt ceiling without any conditions, without any spending cuts whatsoever. Then, when the polls turned against that idea he began to call for “shared sacrifice” in the form of […]
Before we agree to President Obama’s demand for tax increases shouldn’t we take a look at what brought us to this moment of debt crisis? In his third debt-ceiling press conference President Obama called for a “balanced approach” or “balanced package” seven times. By this he meant immediate tax rate increases and spending cuts to […]