Six Years of ObamaNomics: A Grim Anniversary

Obama and his media cheer leaders insist his economic record should begin not at the beginning of his term but six months later when the recession ended and positive economic growth began. Thus, we mark June 2015 as the sixth anniversary of ObamaNomics.

Income Inequality: Century Old Political Scam (1)

First in a series. President Obama, Hillary Clinton, media commentators, and misguided Republicans blame income inequality for middle class hardship and a host of other problems, even the riots in Ferguson and Baltimore.  Mrs. Clinton’s campaign will allege that whoever becomes the Republican nominee caused or supports inequality and is therefore wicked and dishonorable The […]

Economic Alarm Signals: Does Anyone Hear?

If the economy falls in America but the President, and the Congress ignore it, will The People suffer? On Friday the Commerce Department issued a sharply downward revision of its GDP report for the first quarter of 2015.  Instead of growing at a miniscule 0.2% the economy contracted.  GDP came down 0.7%. The establishment media […]

Obama’s Audacious Economic Experiment Failed

Record shattering deficits and debt have not delivered the promised prosperity President Obama made an astounding claim in his recent pivot-to-the-economy speech at Northwestern University  The deficits have come down at almost a record pace, and they’re now manageable. The government’s fiscal year ended September 30 and the Treasury Department issued it’s final report for […]

Obama’s Job Statistics Vs Main Street Reality

President Obama defines jobs “success” in a unique new way. President Obama has “pivoted to the economy” once again, in an appearance on Sixty Minutes, followed by Speech at Northwestern University.  Here’s an excerpt from Sixty Minutes: Question: Right now public opinion polls show a majority of Americans disapprove of your handling of foreign policy […]

Obama’s Feckless War On Corporate Inversions

Inversion is a way for companies to work around a government imposed obstacle to investment in America. UPDATE: The news  that Burger King plans to merge with a Canadian firm has energized anti-inversion talk in Washington and the media. President Obama and the Democrats, hoping to stir up envy and resentment against American businesses ahead […]

Five Years of ObamaNomics: A Progress Report

June 2014 was the fifth anniversary of the end of the 2008-09 recession.  But the US economy has not yet begun an acceptable recovery.  Polls show more than half of Americans believe we’re still in recession. According to the “advance estimate” published Wednesday by the Commerce Department, Gross Domestic Product (GDP) grew at an annualized […]

Job Market Deception by the “Experts”

How Government-Media “experts” spin bad news as good news. The headline unemployment rate dropped from 6.3% in May to 6.1% in June.  A round of cheers was herd from the “experts” in the Obama Administration and the media.  Unfortunately, we live in a new kind of economy now, an economy with more government intervention than […]

Has Another Recession Already Begun?

What may become the most significant news economic news of 2014 was nearly ignored by the political-media establishment. The Commerce Department published its third and final revision to its quarterly GDP report.  The economy contracted by 2.9% during the first quarter of 2014. As the chart shows we were already suffering through the weakest of […]

A Bittersweet Jobs Milestone

America’s six-year experiment with progressive economic theories has proved those theories invalid.  Now is the time to replicate the successful economic strategies of the 1980s. The Labor Department’s monthly jobs report marked a long awaited milestone that, had it occurred in 2010 would have been cause for jubilation.  But in 2014 it’s a grim reminder […]

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