Voters Choose: ObamaNomics or Reaganomics

On November 6, 1984 voters rewarded President Ronald Reagan with a record shattering reelection victory.  Twenty Eight years later November 6, 2012, President Barack Obama’s reelection odds appear to be even at best. The Commerce Department has released it’s quarterly report.  Gross Domestic Product (GDP) was up 2% during the third quarter, 2012.  While the […]

ObamaNomics Vs The Little Guy & His Family

President Obama’s reelection campaign was based almost entirely on allegations that Mitt Romney was morally disqualified for office because he was “for the rich” while Obama was “for the little guy and his family.”  But since the first day of the Obama Administration it has been “the little guy” who needs employment, and his family, […]

Consequences of a Failed Economic Gamble

During his first two years, with the support of commanding Democratic majorities in Congress, President Obama placed the biggest bet in US history on centralized government power.  We lost.  We’re still losing. The Commerce Department reports that the US economy grew at a rate of 1.5% during the second quarter.  The first chart compares the […]

Obama’s Spending Surge Bought a Feeble Economy

The First quarter 2012 GDP report was disappointing, yet again.  The economy grew a tepid 2.2% during the first quarter.  This was down from an already weak 3% in the fourth quarter of 2011.  We’re told by the political-media establishment that President Obama’s tsunami of deficit spending was a brilliant stroke that saved the economy.  […]

Tragedy of The Obama Presidency In One Chart

The chart compares  GDP growth in recent quarters with the first ten quarters of the decade of strong economic growth, prosperity and job creation that began after President Reagan’s 1982 tax cuts and deregulation initiatives. In the forth quarter (October, November, December) of 2011 Gross Domestic Product, the value of all the goods and services […]

Obama’s Keynesian, Government Run Economy

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 […]

Results Are In: Obama’s Keynesian Gamble Failed

Government economists issued their GDP report for the fourth quarter of 2010 on Friday.  The report confirmed again that the largest and most aggressive test of Keynesian stimulus theory ever tried has failed. President Obama and his advisers promised that a massive Keynesian “stimulus” in the form of Trillions in deficit spending would result in  […]

Shovel-Ready Economic Myths

We can thank Barack Obama and the Democrats for one historic accomplishment: They have proved beyond any doubt that Keynesian borrow-spend “stimulus” is a hoax. Government economists issued their quarterly GDP report on Friday, confirming what has become obvious to most Americans: the recovery is faltering and there is little chance of restoring the 7.8 […]

« Previous Page