Obama Campaign Numerically Challenged

In an appearance on MSNBC Obama spokseperson Stephanie Cutter asserted that job creation during the Obama “recovery” from recession that began 28 months ago has been better than either the Bush recovery or the Reagan Recovery.  As a service to Ms. Cutter and the Obama Campaign we compiled the data from the Bureau of Labor […]

Tea Party Awarded the George W. Bush Role

President George W. Bush’s jersey has finally been retired.  The political-media establishment has a new designated bad guy to pin the blame on: tea party activists and the Congressmen they helped elect. During the debt ceiling debate they were called terrorists, suicide bombers, extortionists and hostage takers.  A Google search found dozens of July articles […]

Tax Revenue Up Sharply, Without Tax Rate Increase

We’ve heard a lot about the deficit and the “cost” of continuing the current individual income tax rates (also known as the Bush tax rates) Vs the tax rate increase demanded by President Obama and Congressional Democrats. But we heard silence from the media and the politicians last week after the Treasury Department released its […]

The Bush “Lost Decade” Vs Hope & Change

In January 2010 President Obama made an assertion in his State of the Union message he hopes you forgot: We can’t afford another so-called economic “expansion” like the one from the last decade –- what some call the “lost decade” -– where jobs grew more slowly than during any prior expansion… The chart compares the […]

The Debt Crisis Was Not Caused By Tax Cuts

The new Congress just started and already there are renewed demands from the political-media establishment for tax hikes. The message from President Obama, the Democrats and most of the media is that current deficits resulted from decades of tax cuts, and now, jacking up tax rates is the only “responsible” thing to do.  Anyone who […]

Tax Cut Chicanery (2)

On Sunday Senator Charles Schumer appeared on Face the Nation and was asked about Obama’s demand that Congress increase tax rates on high income Americans.   His response in part was: …we have a big deficit problem. We have a great jobs problem. Better to put the money into deficit reduction creating jobs than give […]

Another Dumbed Down White House Econ Lesson

Austin Goolsbee, Chairman of the White House Council of Economic Advisers appears in another, white board video at the White House web site,  this time talking down to us about jobs.  (Commentary on his first video is here.) The purpose of Goolsbee’s presentation is to persuade us that the failure of the Obama stimulus to […]

Deceptive Claim from Obama & The Democrats

President Obama and his defenders have kicked off a new talking point in the final days of the campaign to persuade us that current government policies are better for job creation than Bush era policies, and higher tax rates will result in more jobs than the Bush tax rates.  The talking point is: More private […]

Obama Kept His Promise: No More Bush Deficits

A Final, Pre-Election Review of ObamaNomics (3) On Friday the Treasury Department published it’s final report for the government’s 2010 fiscal year, ending September 30. During his presidential campaign, Barack Obama denounced the Bush Administration every day for “irresponsible deficits.”  This message resonated with many Republican voters and with the people who are now Teaparty […]

Are the Deficits Caused by Wars “Not Paid For?”

On October 1, the first day of the 2011 fiscal year, Democrats adjourned Congress without passing a budget for 2011, and without holding any votes on the soon-to-expire Bush tax cuts.   Thus, taxes, spending and deficits have become central issues in the Congressional campaign. In their desperation Democrats and their media cheer-leaders have revived […]

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