All The President’s Straw Men

The straw man is a logical fallacy, an attempt to appear to have won an argument by misrepresenting the opposing argument, or by knocking down an argument the opposition did not make.  President Obama is a devoted fan of straw men, having stood up and then batted down hundreds during his speeches and his recent […]

Do We Have A Spending Problem?

In a Wall Street Journal interview about fiscal cliff negotiations House Speaker John Boehner quotes President Obama: “We don’t have a spending problem.” While the President often says the word “cuts” at his campaign style media events, his next words usually are “so we can make investments in…”  It’s hard to avoid the conclusion that […]

Obama’s New Years Eve Duplicity

President Obama decided that New Years Eve, as the Senate was considering the fiscal cliff bill, would be a good time to mock Republican voters and the Representatives they elected.  So he organized a campaign style rally complete with a cheering audience of White House staffers.  He claimed the purpose of this media event was […]

The Fiscal Cliff is a Symptom of The Debt Cliff

A casual consumer of “news” might perceive the so-called fiscal cliff as nothing more than a debate about whether or not “millionaires and billionaires” (defined as annual income of $250,000 or more) will be “asked to pay a little more.” The “news” rarely provides background to to answer the question, why are we on the […]

Deficit Flim Flam: Claim Cuts But Spend More

Much of the political-media establishment’s “information” about massive government deficits and fiscal cliff negotiations is deception made possible by the arcane budgeting process in Congress.  President Obama didn’t invent the process.  But he’s an enthusiastic practitioner of the deception. [continued below the chart]While most of the “news” bout fiscal cliff negotiations has been about tax […]

It’s The Spending, Stupid

During weeks of post-election campaigning and economic debate in Washington the political-media establishment has simply ignored the the real cause of the government’s monstrous deficits and rapidly growing debt. After years of refusing to deal with relentless growth in federal spending Congress and the President have dragged us to the Fiscal Cliff, a nickname for […]

Politics Vs Economic Principles

At his news conference Wednesday President Obama insisted on tax increases for “the wealthy” a strategy that directly targets small and medium sized businesses that are most likely to create jobs.  He was reminded by a reporter that he had agreed in 2010 to give up fighting for tax hikes and keep all the Bush […]

Last Jobs Report Before the Election

Measured by President Obama’s own criteria, his economic initiatives failed.  The November jobs report was released Friday.  The unemployment rate ticked up slightly to 7.9%.  Compared with the President’s predictions and promises this number represents massive failure. As Barack Obama assumed office in January 2009 America was suffering from a severe recession.  Rahm Emanuel, his […]

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, […]

« Previous PageNext Page »