Since President Obama wants you to believe that the wealthy paying a “fair share” is the key to balancing the budget and funding all his big government dreams, here’s a what-if exercise that puts his demagoguery in perspective. What if the government could simply seize all the wealth of the nine richest people in America?  [...]

President Obama opened his angry campaign speech State of The Union message with a brief recap of events in Iraq and Afghanistan, as a prelude to cynically self-serving praise of the troops. These achievements are a testament to the courage, selflessness, and teamwork of America’s Armed Forces. At a time when too many of our [...]

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 [...]

The chart compares recent GDP growth with the first nine quarters of the decade of strong economic growth, prosperity and job creation that began after President Reagan’s 1982 tax cuts and deregulation initiatives. [Continued below the chart] In the third quarter (July, August, September) of 2011 Gross Domestic Product, the value of all the goods [...]

The Labor Department released its jobs report for September: Employers added 103,000 jobs in September.  While this was an improvement over August it was less than the monthly growth in the working age population. The Unemployment rate remained unchanged at a tragically high 9.1%. If the 2011 job growth rate continues it will take five [...]

Earlier we reported that President Obama’s “American Jobs Act” estimated to cost $447 billion in 2012 would, in his words, be “fully paid for” not by actually paying for it with cuts in other spending in 2012, or even with tax increases in 2012.  No, Obama’s “pay for  it” means that over a period of [...]

“Do you approve or disapprove of the way Barack Obama is handling the economy?” The March 2009 Gallup poll came at the end of months of hype that apparently convinced a majority that this charismatic new President was so brilliant, so financially clever that he could restore all the lost jobs, plus create millions of [...]

. For weeks Obama Administration officials have warned that unemployment would rise from present levels.  A lot.  Yesterday Press Secretary Robert Gibbs looked grim as he told reporters he expected today’s employment report from the Labor Dept. to show “several hundred thousand jobs lost” and a higher unemployment rate for July – higher than June’s [...]

First in a series analyzing President Obama’s Tuesday Evening Press Conference During his prepared remarks President Obama said: …the most critical part of our strategy is to ensure that we do not return to an economic cycle of bubble and bust in this country. We know that an economy built on reckless speculation, inflated home [...]

In a March 9 Wall Street Journal Guest Editorial,  Obama Economic Adviser Laura D’Andrea Tyson attempted to overcome growing opposition to ObamaNomics, by rehashing many of  the tricks and deceptions the President has used to build support by targeting people who are too busy with life’s challenges to check the data and the history and [...]