Hope is Gone, Replaced by Magic Math

During President Obama’s first four years the federal government ran deficits totaling $5.1 trillion, far and away the largest in history.  Concern over the explosion in government debt caused by an apparent new normal of yawning deficits is a major barrier to the to the President’s agenda of dramatically expanded government power.  Thus, he opened […]

The Disconnect: Obama’s Talk Vs His Budget

President Obama has invented a new name one of Washington’s most enduring deceptions, the promise of spending cuts in return for tax increases.  He calls it his “balanced approach.”  As always the tax increases are real and immediate while the spending cuts turn out to be illusory. The President wants to rescind the Sequester spending […]

How to Reduce Unemployment Without Jobs

The labor Department reported the unemployment rate ticked up from 7.8% to 7.9% in January.  Most of the media marched in lockstep with the White House, emphasizing the other headline statistic, 157,000 jobs created in January.  While not enough to keep up with population growth that number was, as the loyal reporters chanted, “moving in […]

Year 5 of an Historic Jobs Crisis Begins

Another month of anemic job growth as the weakest post-recession job market ever recorded grinds on. Employers added 157,000 jobs in January, fewer than needed to keep up with growth in the working age population and replace the jobs lost during the recession.   The unemployment rate ticked up from 7.8% to 7.9% and has hovered […]

Court Rejects President’s Abuse of Power

On January 4, 2012 President Obama appointed three strongly pro-union members to the five member National Labor Relations Board (NLRB).  The Board functions like a court, arbitrating disputes between unions and employers. One of the disputes Obama’s Board members considered in 2012 was Noel Canning, a Pepsi-Cola bottler Vs the Teamsters union.   As the President […]

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 […]

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