Obama Repudiates His Own Military Operation

“First of all, I didn’t set a red line.” This was Barack Obama’s preposterous claim at his Wendesday press conference in Stockholm. He Continued: The world set a red line. The world set a red line when governments representing 98% of the world’s population said the use of chemical weapons are [sic] abhorrent and passed […]

Two More Disturbing IRS Revelations

The decision by a high ranking IRS official to in invoke the Fifth Amendment and refuse to testify to a Congressional hearing grabbed most of the headlines.  But that wasn’t the only shocker. On May 10 Ms. Lois Lerner, Director of the IRS Exempt Organizations Division, gave an address to a meeting of the American Bar […]

The Jobs Crisis and Baby Boomer Retirements

The gradual decline in the unemployment rate over the past 4 years does not reflect rising prosperity.  It is a statistical deception, due entirely to a shrinking labor force. The Labor Department’s Jobs report for the month of April once again called attention to the alarming drop in what statisticians call the “labor force participation […]

Theory Behind ObanaNomics is a Proven Hoax

Rarely has there been a better opportunity to judge the validity of economic ideas than the last four, miserable years.  We have experienced in real time an audacious experiment, testing the theory of economist and progressive hero John Maynard Keynes that the government can buy prosperity by spending enormous amounts of borrowed money and the […]

President Obama’s “Smart Cuts”

The President has submitted his 2014 budget to Congress.  At a White House media event he spoke of  “deficit reduction” and claimed to have proposed  “smart cuts” in spending. 

More Sequester Hysteria: “Jobs Will Be Lost!”

The latest Obama budget crisis is the “sequester,” an idea he came up with in the summer of 2011 that was intended to delay action on the government’s ballooning debt until after the election.  He is now leading a political and media campaign to pressure Congress to resend it. As the chart to the right […]

Sequester Deception and Hysteria

In only four years the President and the Democrats have made amazing progress toward realizing the progressive dream of a powerful central government, controlling every corner of the economy and dominating the states and The People.  The only thing holding them back is the Republican House majority, supported by popular resistance to deficit spending and […]

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 […]

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